Hi guys,
So I have been wondering whether it will be possible to code an EA that can monitor all open trades and once price is 50 pips in profit, move SL to secure 30 pips of profit. Once price continues in your direction and reaches 70 pips of profit, it moves SL to secure 50 pips of profit.
It would also be nice that the EA can remove the TP once 50 pips in profit is reached.
So I have been wondering whether it will be possible to code an EA that can monitor all open trades and once price is 50 pips in profit, move SL to secure 30 pips of profit. Once price continues in your direction and reaches 70 pips of profit, it moves SL to secure 50 pips of profit.
It would also be nice that the EA can remove the TP once 50 pips in profit is reached.
I am still a NOOB!!! Damn, there goes another 10 pips!