Question for experienced MT4 Traders.

Can someone answer the following question:

Imagine that you a full time job and are unable to monitor your trades during the day. You are going to be trading the daily chart, and the only time you can set your trades is when the daily candle opens.

The trading strategy is a simple one and is the following:

At the close of the previous day's candle. You want to set 2 pending orders. One long trade when the price first goes higher than a predetermined price, and one short trade where the price first goes lower than a predetermined level. Once one trade is triggered, the other automatically gets cancelled (if then). Each pending order will also have a predetermined stop loss and take profit.
The other stipulation is; if and when a trade gets triggered and the stop loss is hit, the trade automatically reverses to go in the other direction (stop and reverse).

My question is, can all these trades be made at the start of a new candle in Metatrader? If this is not possible in MT4, which Forex broker has a software that will allow you to do this?

Any and all answers would be deeply appreciated

I think EA or script will solve the problem.
I think I see a script that work like you want,not too sure.

I am also interested in this system and any info is welcome.
Any sort of EA with adjustable SL and TP and an option to select among different pairs would be nice.

Thanks

Very simple to do in an EA, stop & reverse... need parameters,

on bar open,

how many pips from open to set long/short orders
stop loss in pips for each order
profit target in pips for each order pips

send me a pm if you want me to do it...