Searching for an efficient price action indicator for MT4

Hello fellow,

I am wondering if it ispossible to define a complexe order in MT4, the one that can be set in Ninjatrader and Sierrachart by default: an order with a 2 step stop loss.

Step 1: the stop loss gets to Breakeven +xticks when a specific number of ticks has been reached.

Step 2: the stop loss begin to trail of x number of pips/ticks when the price reach a specific number of pips or ticks


According to this possibility, it seems that scalping strategies can be set on for backtesting.

Thanks for your kind help.

Default you can send only an order with fix target and stoploss. You need to make an EA which manage your tradest, stick to this rules.