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I have an EA that manages hidden stop loss and take profit orders when a trade is manually opened. It doesn't actually place sl and tp orders, just watches the trade for you and closes the trade at your pre determined level. It is useful if your stop loss or take profit needs to be close to your entry and your broker has a minimum required distance from entry for stop loss orders. I found it months ago and have been using it with great success. It saves me a lot of time not having to manually place my stop loss and take profit orders.
I was wondering if anybody who has some mt4 programing skills could make a modification to the ea. It would be wonderful if the ea had a break even function. ie, once the trade is up a pre-determined amount the ea would move its hidden stop loss to break even so we are not risking anything on the trade any more.
Also, while were at it, it would be great it the ea could place emergency stop loss and take profit orders further away from the hidden sl / tp, just in case of a blackout or something.
At the moment you can set the hidden sl and tp levels when you attach the EA to the chart. The rest of the settings would need to adjustable as well.
Thank you in advance to anyone who can do this. I think that it would be a fantastic EA once it it complete and will be a great benefit to a lot of traders.
Here is the EA. I hope i have attached it correctly.
I have an EA that manages hidden stop loss and take profit orders when a trade is manually opened. It doesn't actually place sl and tp orders, just watches the trade for you and closes the trade at your pre determined level. It is useful if your stop loss or take profit needs to be close to your entry and your broker has a minimum required distance from entry for stop loss orders. I found it months ago and have been using it with great success. It saves me a lot of time not having to manually place my stop loss and take profit orders.
I was wondering if anybody who has some mt4 programing skills could make a modification to the ea. It would be wonderful if the ea had a break even function. ie, once the trade is up a pre-determined amount the ea would move its hidden stop loss to break even so we are not risking anything on the trade any more.
Also, while were at it, it would be great it the ea could place emergency stop loss and take profit orders further away from the hidden sl / tp, just in case of a blackout or something.
At the moment you can set the hidden sl and tp levels when you attach the EA to the chart. The rest of the settings would need to adjustable as well.
Thank you in advance to anyone who can do this. I think that it would be a fantastic EA once it it complete and will be a great benefit to a lot of traders.
Here is the EA. I hope i have attached it correctly.
Cheers,
Adam
Hello, c' your Ea is an good idea, but how walk t' it.
t' can; one l' to use with d' autreEA.
For the programming I do not know too much, but I think qu' here you will find one .
that this concept m' interest T' can; one l' to use manually or automatically.
I'm looking for a a simple EA that will have hidden Stop Loss values.
But, instead of pips, it will be in price.
It will only have 2 values:
Hidden High Price
Hidden Low Price
So example, if I attach it on EU/US chart and I put the values as:
H 143.20
L 134.80
Then when it reaches the high (143.20), it will close all the SELL trades
Or when it reaches the low (134.80) it will close all the BUY trades.
Basically, I want to identify the major Hi and Lo (example, 143.00 and 135.00) and protect myself from further losses when it breaks those leveles (143.20 or 134.80). So, it well close ALL the losing trades.
I think this is a VERY HELPFUL EA if someone can create it or attach one here if they have one.
Greetings,
Would it be possible to have a version that closes all your positions at nominated account value. When using spread/hedging trades this would be very useful. So one could place a close all positions at open trades value of $10 for example. Thus a break even stop.
Thanks if possible