Say price is currently at 1.0. I wish to place a sell stop at 1.1 when price reaches 1.2 with SL and TP. If an EA, a BE function would be helpful as I can't attach my normal BE EA as well. Can someone help please or point me to the right place?
Is there a script to place a sell stop & buy stop at a certain 1 reply
Trailing Buy Stop / Sell Stop (Script/EA) 4 replies
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DislikedHi, It is impossible to set a sell stop above current price. Did you mean a sell limit ? Indeed, you would need an Expert Advisor if you desire a break even function. There are plenty of EAs here on the forums that have break even functions; just use the search up top. Regarding your script on setting a pending order, as I understand, you want to drag the script to the chart and have in the parameters the option for a buy stop, sell stop, buy limit or sell limit ? And the option of how many pips away to set it from current price? And the option...Ignored
Disliked{quote} No, I mean sell stop. I'm looking for something that would trigger a pending stop order once a certain price is reached.Ignored
DislikedDear coffee.lover Anyone who is familiar with trading PA or for that matter, possessing a reasonable IQ, would appreciate why a stop order would be preferable to a limit order. Clearly you fall into neither of those categories, nor it seems that you are able to offer anything constructive, so may I kindly request that you go elsewhere to offer your lessons in using MT4.Ignored
-LotSize -True/false Use_BuyStop and true/false Use_SellStop (one must be true and other must be false) -ActivateWhen (when price reaches this price, it will set the pending order) -SetWhere (the price where the pending order will be set) -MagicNumber -StopLoss -TakeProfit -BreakevenAtPipsProfit (when trade is this much profit in pips, stop loss is moved to breakeven)
Disliked{quote} Hi jen101, I see you updated your post #1 today, and after reading it again, it now makes sense as it is now written clearly. You could have just edited it and notified me that you edited it instead of writing your rude post. I coded the EA for you. . . Hope you enjoy it. Parameters: -LotSize -True/false Use_BuyStop and true/false Use_SellStop (one must be true and other must be false) -ActivateWhen (when price reaches this price, it will set the pending order) -SetWhere (the price where the pending order will be set) -MagicNumber -StopLoss...Ignored