Trailing pending orders ea?

Hi, i searched everywhere an EA that moves the LIMIT PENDING ORDERS .

EXAMPLE:
if the CURRENT PRICE is 1.100, i put a BUY LIMIT ORDER at 1.093.
If the prices moves at 1.105(+5 points), i want that the ea moves the BUY LIMIT at 1.098(+5 points).
If the price go down to 1.098 the orders will be opened in real.

By doing that, the limit order will be always at the same maximum distance from the current price.

Is there a similar ea?

Thanks and sorry for my english..

Or perhaps if not possible in MT4 doing that, i need the experte delete the old pending orders with the old price and after open a new pending orders with the needed difference from the current price

have you tried these?

thanks, now i try these ones!

[quote = Braxstine; 12232063] {file} hai provato questi? {file} {file} [/ quote]

But does these ea works only for the pair in wich is located?
I want an ea who manages ALL the pending orders of the various pairs.
I work with manual baskets of various pairs.

Is it possible?
thanks

RAILING LIMITS ORDER EA seems not to works:
it manage only 1 pending order of the same pair (i opened for test many pending orders on the same chart but the ea manages only one of these), and also it moves the price of the pending orders both in up and down: i want beside that the ea moves only in up the price of entering in real if the current price moves up

I personally dont use these ea in trading basket as it only manages one order per pair. Rather, if price moves farther away, i manualy delete the old orders and set new ones. maybe you need two ea;s, one for opening orders and the other for deleting

[quote = Braxstine; 12232182] Personalmente non uso questi ea nel paniere di trading in quanto gestisce solo un ordine per coppia. Piuttosto, se il prezzo si sposta più lontano, ho cancellato manualmente i vecchi ordini e ne ho impostati di nuovi. forse hai bisogno di due ea, uno per gli ordini di apertura e l'altro per l'eliminazione [/ quote]

exactly what i think...
but for the moment i'm searching a global pending order manager..

[quote = Braxstine; 12232063] {file} hai provato questi? {file} {file} [/ quote]


Hi, i noted that the ea works the opposite i want:

If i make a buy limit, i noted that the trailing moves the price lower. For me the trailing is correct when follow the current price when it goes lower, and when it goes higher the trailing has not to move.

EXAMPLE:
if the CURRENT PRICE is 1.100, i put a BUY LIMIT ORDER at 1.093.
If the prices moves at 1.105(+5 points), i want that the ea moves the BUY LIMIT at 1.098(+5 points).
If the price go down to 1.098 the orders will be opened in real.

By doing that, the limit order will be always at the same maximum distance from the current price.

is it possible to modify your ea??

Hi, i noted that if i put a STOP ORDER, the ea works well!

So i think it could be good for me!

Thanks to all

I think you need to have a good look at how stops and limits work.

[quote = cja; 12234583] {quote} Penso che tu abbia bisogno di dare un'occhiata a come funzionano gli stop e i limiti. [/citazione]

i think you are right BUT..

what can i use to let the pending limit order always between the distance i set and the current price ?

thanks

You have to know the difference between buy limit and buy stop. buy limit is an order to buy when the price comes down or lower than the current level while buy stop is an order to buy when the price come up. you are putting buy stop instead of buy limit.
As I said before, i dont trade using these ea as they can not manage mltiple orders, instead if or when the price moves away from my order I deletes the old one and set a new oders using ea. if you are interested in the ea, i can help you upload them. sorry for the late reply

If you always have the pending limit order a set distance between price and the distance you set then the pending order will never get taken in by price because price will never reach the pending order. I still stand by my previous comment "I think you need to have a good look at how stops and limits work"

how can i get the trailing BUY/SELL stops to work on XAUUSD GOLD?

Good evening all. I'm new to this platform, so I don't really know my way around. I'm in need of an EA and I have tried to use other services to achieve this but have not been successful. Please find attached the strategy for the EA. I will be very grateful if someone can help me code it. thanks
Requirements
1. I should be able to trade in both MT4.
2. I should be able to choose the currency pair, including volatility market pairs.
3. I should be able to preset 5 number of pending orders on the EA.

ORDER

4. I should be able to choose the Entry Price, Take Profit, Stop Loss, Order cancellation Price and lot size to be any value.
5. All the pending orders should be hosted on the EA and not visible to the broker.
6. When the EA is activated with the preset parameters, order 1 should be placed immediately with the broker as a sell-stop pending order.
7. Order 1 is now a Sell-stop pending order with the broker
8. The EA should keep monitoring the market price and compare it with the Entry Price and the Order Cancellation Price in order 1. If the entry price is reached first in order 1, order 2 on the EA should be sent to the broker as a buy-stop pending order. Else the order cancellation price is reached first in order 1, then the Sell-stop pending order 1 on the broker should be cancelled by the EA and the EA should shut down.
9. If the entry price in order 1 is reached first, order 2 is now a Buy-stop pending order with the broker
10. The EA should keep monitoring the market price and compare it with the Entry Price and the Order Cancellation Price in order 2. If the entry price is reached first in order 2, order 3 on the EA should be sent to the broker as a Sell-stop pending order. Else the order cancellation price is reached first in order 2, then the Buy-Stop pending order 2 on the broker should be cancelled by the EA and the EA should shut down.
11. If the entry price in order 2 is reached first, order 3 is now a Sell-stop pending order with the broker
12. The EA should keep monitoring the market price and compare it with the Entry Price and the Order Cancellation Price in order 3. If the entry price is reached first in order 3, order 4 on the EA should be sent to the broker as a Buy-stop pending order. Else the order cancellation price is reached first in order 3, then the pending order 3 on the broker should be cancelled by the EA and the EA should shut down.
13. If the entry price in order 3 is reached first, order 4 is now a Buy-stop pending order with the broker
14. The EA should keep monitoring the market price and compare it with the Entry Price and the Order Cancellation Price in order 4. If the entry price is reached first in order 4, order 5 on the EA should be sent to the broker as a Sell-stop pending order. Else the order cancellation price is reached first in order 4, then the pending order 4 on the broker should be cancelled by the EA and the EA should shut down.
15. If the entry price in order 4 is reached first, order 5 is now a Sell-stop pending order with the broker

I see in this post "Trailing Buy Stop.ex4"
I assume that as long as price goes down, the entry price of the buy stop order will go down as well.
when price stops and goes up by say 50 pips, the buy stop order will be executed.
I`ve never placed something like this on a chart and I wonder if somebody can point me to a thread with detailed instructions.
thank you guys
edit: just got the ea in the experts folder.....now I got to find out how to place an order???

Hi please tell me that the trade limit order, in case i put buy order it moves up when the price go up, that is not okay, same in sell position it move down when the price come down.
What I want is
In the buy case if the price come down it should move down &
In the sell case if the price go up it should move up.

Can you help me how to inverse it.

Thanks.

Hi please tell me that the trade limit order, in case i put buy order it moves up when the price go up, that is not okay, same in sell position it move down when the price come down.
What I want is
In the buy case if the price come down it should move down &
In the sell case if the price go up it should move up.

Can you help me how to inverse it.

Hello, Here are that kind EA, I downloaded them from FF and google. So these are not my own EA, and DO NOT USE them directly LIVE Accounts, When you do strategy test, Always be careful about ,

Spread
Commissions
swap
and do test on EVERY TICK mode

(My favorite pair is XAUUSD )

Good luck!