Idea by: Iurii Tokman.

MQL5 code by: Vladimir Karputov.

EA operation algorithm

At the first start, open a BUY position with the volume of Lots. Then monitor (in OnTradeTransaction) all opening positions and remember (separately for BUY and SELL positions) the opening prices:

• If the price of the last opening a BUY position is ABOVE the current Ask price by Step - open a new BUY position;
• If the price of the last opening a SELL position is BELOW the current Bid price by Step - open a new SELL position.

The virtual Take Profit is monitored, too: As soon as the position profit reaches or exceeds Virtual Take Profit, close the position by market.

Inputs

• Lots - the volume of the position to be opened;
• Virtual Take Profit (in pips) - virtual Take Profit;
• Step (in pips) - the minimum step between the last position price;
• magic number - unique identifier for the EA.