Stop loss based on candle close/open

I was wondering if anyone has or can make an EA/indi that can place stop loss position based on candle closes (or next candle open).

For eg. If you are trading a particular 15min (or any timeframe) price zone, and you enter a position, with a stop loss ONLY IF the 15min candle closes outside that zone, or else trade is still be in play. Can an EA or indi do this?

Ofcourse it would have other functions as well eg. it can choose what timeframe candle closes; it can have a HARD STOP LOSS level (if sudden news spike the candle 50-100pips); alarms; etc? (just brainstorming).

Coding wise, i dont know whether this can be done based on candle close or next candle open price? Or 15 min interval time (or respective tf)? Or coded such that its based on close above a horizontal line? (again just brain-storming)

This is very helpful if you are not infront of the desk at the time of the position taken. Also helps with fakeout spikes outside the zone, and then price goes back in the zone, and carries on to a prfitable trade.

What do you think? I know it would help a lot in my trading while i am away from the desk with limit orders

Can anyone help with this?

Hi,

Is this that difficult? Input on this wouldb great .. Cheers

can anyone help me with the above request - stop loss EA based on CANDLE CLOSE (the EA kicks in after the candle closes above/below a particular line on a particular time frame?)

I am happy to pay if need be.

Thanks

I was actually thinking about this a few months ago but I want to do it on ThinkorSwim but I also have no idea how! Cheers for waiting a decade for a response, thought this might make ya feel less lonely. <3