I always trade with scripts as they are the fastest most reliable way to place a trade using correct MM imo. I am attaching the two that I use for your test and use.
I turn off the stop loss feature and use the trailing lines script for my stops. That means the broker does not have my stop and cannot hunt it out. The trailing lines script places a line on my chart that I can move as much as I like and the broker has no idea where it is set. If price crosses the line the script immediately places a close order and I am out of the trade.
i am using this with great success in live accounts. It works. No more getting stopped out right at my number and watching it reverse in my face.
What I would really like now is for anyone who either has or wishes to code, a similar stealth script for placing pending orders. We need a script that places a line on the chart that you can move whereever you like and the broker does not have your order. That will eliminate any chance of price manipulation to take you out. Once price crosses your line, it should immediately place an order with all the same parameters and conditions of the two scripts I have posted. Now activate your trailinglines script and you are in!
This would be a great help to all traders I believe. It would for me because I always have that reservation that they are just going to trade far enough to take my order and the reverse again. It has kept me from using pending orders for a long time. The more we are able to place stealth orders the better we will all be.
Any help MUCH appreciated.
Steve
I turn off the stop loss feature and use the trailing lines script for my stops. That means the broker does not have my stop and cannot hunt it out. The trailing lines script places a line on my chart that I can move as much as I like and the broker has no idea where it is set. If price crosses the line the script immediately places a close order and I am out of the trade.
i am using this with great success in live accounts. It works. No more getting stopped out right at my number and watching it reverse in my face.
What I would really like now is for anyone who either has or wishes to code, a similar stealth script for placing pending orders. We need a script that places a line on the chart that you can move whereever you like and the broker does not have your order. That will eliminate any chance of price manipulation to take you out. Once price crosses your line, it should immediately place an order with all the same parameters and conditions of the two scripts I have posted. Now activate your trailinglines script and you are in!
This would be a great help to all traders I believe. It would for me because I always have that reservation that they are just going to trade far enough to take my order and the reverse again. It has kept me from using pending orders for a long time. The more we are able to place stealth orders the better we will all be.
Any help MUCH appreciated.
Steve
Attached File(s)
Buy with SL and TP w Confirm.mq4
2 KB
|
1,804 downloads
Sell with SL and TP w Confirm.mq4
2 KB
|
1,566 downloads
TrailingLinesv2-50 stop.mq4
5 KB
|
1,610 downloads
No matter your system, money management is the key to success.