Good day.
Does anyone have an ea which has the function to close trades partially based on Stoploss pips amount. Please note that i have searched extensively before posting. None are with this sort of function, all have common function to close percentage of lot size at pre-determined x amount of pips.
Example: Say i have opened a long position in EurUsd with 25 pips Stoploss. Once the trade moves 12.5 pips in favor which is 50 percent of Stoploss, ea will move Stoploss to BE+1 & close x% of the trade. Once the trade moves 25 pips in favor which is 100% of SL, ea will close x% of the trade. Once trade moves 37.5 pips in favor which is 150% of SL ea will close x% of the trade. This way 5 levels of partial close. I aim for bank whatever i can take from the market, cause no one for certain tell price will go x price level before hitting their SL.
If anyone is having this kind of ea & can share for free with the community it would be a great help for me & others who would look for it in the future. I can explain furthermore if anyone is interested.
Thanks & Best Regards.
Does anyone have an ea which has the function to close trades partially based on Stoploss pips amount. Please note that i have searched extensively before posting. None are with this sort of function, all have common function to close percentage of lot size at pre-determined x amount of pips.
Example: Say i have opened a long position in EurUsd with 25 pips Stoploss. Once the trade moves 12.5 pips in favor which is 50 percent of Stoploss, ea will move Stoploss to BE+1 & close x% of the trade. Once the trade moves 25 pips in favor which is 100% of SL, ea will close x% of the trade. Once trade moves 37.5 pips in favor which is 150% of SL ea will close x% of the trade. This way 5 levels of partial close. I aim for bank whatever i can take from the market, cause no one for certain tell price will go x price level before hitting their SL.
If anyone is having this kind of ea & can share for free with the community it would be a great help for me & others who would look for it in the future. I can explain furthermore if anyone is interested.
Thanks & Best Regards.
How big can you think!