The EA places pending Buy Limit and Sell Limit orders. The conditions for placing pending orders are checked when a new bar appears, while the possibility to trail the positions is checked on each tick. As soon as any pending order triggers (this event is monitored in OnTradeTransaction), the remaining pending orders will be removed. Every day, at 23:50, all pending orders are removed and all positions are closed, as well.
Inputs
Lots – volume of the pending order;
Stop Loss (in pips) – Stop Loss (“0” means disabling the setting);
Take Profit (in pips) – Take Profit (“0” means disabling the setting);
railing Stop (in pips) – trailing (“0” means disabling the setting);
MetaCOT 2 CFTC ToolBox (Set of Indicators) MT4 -… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
Universal 1.64 - EA MetaTrader 5 The author of the idea: Scriptor The MQL5 code author: Vladimir Karputov. Universal trailing of positions and pending orders. The…
