Script to place Stoploss automatically

Hi guys,

I am considering to change from Instant Execution to Market Execution. However, the disavantage of Market Execution is you can not set stoploss when you place an order. It'll be a disaster if you lose your internet connect immediately you enter the trade without stoploss.
I am seeking an EA that could place stoploss immediately after enter the trade. I found that Visual Order Editor is very useful. Detail of Visual Order Editor, please check below link.

http://www.forexfactory.com/showthread.php?t=245521

However, there are many option: SL, TP, BE.... I just want an EA that automatically places SL only.
BTW, an EA needs an incoming tick to excute while Scripts execute immediately and then be removed once executed.

Can anyone help me to modify this EA into a Scripts with stoploss set only. Thanks in advance.

Hi experts,

I am trying to code this script. Refere from the lessons of Coder's guru.
This script works but I have to double click on the script after I enter the trade.
I can't attach this script in to the chart. How can I attach this cript to the chart and it will place SL automatically whenever I open the trade?

Thanks!

I think your concern about losing the connection at the precise moment that causes the problem you describe is a little over blown. You can set any Hot Key to a script for instant execution. Whether it works faster than double clicking is debatable.

As to attaching a script to a chart, that can be done. But I personnally don't like doing that. It means putting an infinite loop in the code that checks for some condition every second or fraction of a second and setting the SL. I doubt if this is really much faster than double clicking.

EAs that immediately set the SL/TP are based on some signal that meets certian conditions, but it sounds as if such an approach would not be suitable in your situation. There may be an alternative to Visual Order Editor, but it will probably have a feature you are dissatisfied with.

you can try drag sl and tp ea . Easy move sl and tp too
Good luck

Thanks for your explaination. In that case, I'll stick with Instant Execution. Although the probability of disconnection is very low, but I don't want to take any risk with this mistake. Forget Market Execution.

Regards,

Thanks for your suggestion. I think it's similar to Visual Oder Editor and both of them are not my taste.

Regards,

have you tried OneClickTrading? (Expert Advisor)

http://www.rvdmarkets.com/en/broker/platforms/utils/

1. Market Execution with SL & TP
2. Pending Orders
3. StopLimit Order with SL & TP

4. TrailStop and BreakEven is not working on my MBTrading account

very handy, thanks!