Thread: loss lock EA
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Old 05-17-2006, 12:34 PM
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loss lock EA

There are EA based on profit lock code.
This EA is based on stop loss lock.

When EA opens an order and rich profit level - it's ok.
But to lock the stop loss there is stop order (instead of normal stop loss).
So if EA opens buy and price was reversed we will have sell stop order instead of simple stop loss. But to lick the second stop loss we will have the orher stop order. And so on. Many different orders.

USDCHF, M5 timeframe, default setting.
Please note the stop loss calculated instantly in this EA and stop loss is always less than take profit value.
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File Type: mql TradeMasterExp.mql (3.8 KB, 46 views)
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