Help With MT4 Scripts

So I'm wondering if it is at all possible to have an MT4 script

one for buys
one for sells that will....
-open order
-automatically set stop loss at the candle low of the last plotted
semaphor plus the spread for buys
and
candle high of the last plotted semaphor plus spread for sells
-open a trailing stop for the amount of pips as that stop size...

can anyone help with this or give me some advice on how to write a script like this if at all possible...

Thanks
Paul

I see that there are a bit of views in here but no replies...does this mean its probably not possible to have something like this done...

couple of points:-

a) there are lots of different semaphor indicators, you haven't been very specific

b) if all you want to do is set the sl, would it not be better to use one of the many available visual order manager ea's (MPTM for example) that allow you to set sl by moving a line, this has the benefit of having lots of other cool features

thanks for the response...

a.) I wasn't aware there were many different semaphors, the one I'm referring
to is the 3 level semaphor which I will post in an attachment...
b.) so what I was wondering is if it was possible to actually automatically set the stop loss at that point and it would set a trailing stop of the same size...as opposed to having to drag to a point and do all that but I will do some looking into the order managers you mentioned...such as that MPTM...but I was just wanting maybe something that would be very quick to open up a trade and have everything set already...

hi,

I just read something and was reminded on your thread here:

Maybe that is of interest to you.

XIT_BuySellAutoStoploss.mq4 - Stoploss set from Fractal Levels, Money management Risk/Reward

http://codebase.mql4.com/7274

Oh wow thanks that's pretty much what i was looking for and since fractals and semaphors are very similar it should work...thanks

It's also easier to get help if you still need it: if you have the source files available. I guess for some one doing the semaphors version you would also need that source file.


Anyway: seems you were right about the script stuff and not EA.

Thanks I will see if I can dig up the source file for the semaphors...