Is it possible to add additional conditions of entry to a pending order in MT4? Using a long trade by way of example, what I am trying to achieve is for a pending order to placed only if the price reaches a certain level below my desired entry price first. So for instance say there appears to be significant support at around 1.0000 on a currency pair.
I would then like to be able to set MT4 to automatically place a pending order for me at 1.0200 only if the price reaches 1.0000 first. Then if support breaks (happens) instead of the price rebounding off it the chances of me standing in front of a moving freight train are reduced. This would save me staying up all night for the New York session as well.
I would then like to be able to set MT4 to automatically place a pending order for me at 1.0200 only if the price reaches 1.0000 first. Then if support breaks (happens) instead of the price rebounding off it the chances of me standing in front of a moving freight train are reduced. This would save me staying up all night for the New York session as well.
Pity the fool who thinks they'll make it overnight...