Need Pending order EA

Hi,

I need EA who makes pending order. Example. EURUSD is on 1.37555.. When price cross ex. 1.37700 it makes long position.. with SL. When position hits SL, EA again make pending order on same price 1.37700.. So actually it's like breakout EA.

so exactly this, but referring to SL? -> http://www.forexfactory.com/showthre...76#post7385176

Yes, if price catch SL, EA again must open pending order. It can even hit 100 times SL, but it must always open pending order on Delta price (choosen price).


EX. I see S/R level. I just set in EA price which i want to break out.. EA opens pending order. If price retrace and hit SL, it opens again pending order on same price.

Sorry for my english. Thank you.

I have modified the ea (see link above) and it seems to work.
The ea does not send orders so the first order you will have to send manually or whatever.

if there are no errors/bugs I think that I will not do further modifications for the ea.

wau, so fast. Big Thank you!!!

What mean SLthresholdPip?

So I drag EA on chart.. then i make pending order.. with sl.. and when it will hit that order.. and if it will retrace and hit sl, it will open again that same pending order?

you can run the ea in the backtester, there it opens orders and you see how it works.

you have to adjust the settings also (e.g. magicnumber, which is 0 for manual trades).

slthresholdpips is the buffer (the pips between orderstoploss and ordercloseprice), function:


Another option would be to see if (OrderProfit+Ordercommission+OrderSwap)<0, but so you only can check if the order was closed in loss and not if the sl was hit (when using profittrailing for example), so I thought I try the way I did ...

I think comparing if orderstoploss is equal (==) ordercloseprice will not be safe (slippage), so we can allow some buffer (default: 5 pips) for considering an order was closed in SL

aaaa.. Thank You. !! It works perfect !!

Hello, i have problem, EA doesn't work on XAUUSD. on alpari uk. When trade hits sl, it doesn't open new one.

Actually, it doesn't work on any pair. It works good on backtesting, but doesn't work on live.

please, someone?

any errormessages in the experts/journal tab?

No errors, I opened manual position (tried both pending and market execution) with SL and when price touched SL.. EA didn't open again position. (tried on 2 different brokers).

You must use the same magicnumber as the ea, otherwise it cannot work. so if you open the positions manually pls. use the ea with setting MagicNumber=0 (0 should work for manually opened trades) and try again pls. ...

Hi FxDayTrader,

I have 7 Buy Stop and 7 Sell Stop orders that I would like to be automatically placed again if there Stop Loss is hit. I've tried your SLhitTradeRepeater EA but with no luck, I think it might be only for one order and not for all 14 orders like in my case...Any help would be greatly appreciated!

Thanks,
JJ

Hi FxDayTrader,

I have 7 Buy Stop and 7 Sell Stop orders that I would like to be automatically placed again if there Stop Loss is hit. I've tried your SLhitTradeRepeater EA but with no luck, I think it might be only for one order and not for all 14 orders like in my case...Any help would be greatly appreciated!

Thanks,
JJ

it really sucks when a 2MA cross EA hits signal and sell enter, then right after that it goes back up. same in the opposite case.
I guess the part it goes back up/down is a part of granville's theory.
Anyway, I wanna ask, is there an MA cross EA that sets pending order certain pips away from the price where the signal is made?
Because many times one will enter at cross and it hits stop loss right after that and, goes back to the direction where the cross indicated.

for example, MA cross happens at 1.85000 for going up. bull sign. people would jump in and enter, but the EA will just set pending order at 5pips below. the EA will set pending order at 1.84950.

it's safe. the EA can wait for the pull back. like how people using fibonacci retracement does.

well I hope I'm making sense. is there an EA like this? I looked for pending order EA, hoping if the EA has feature of setting the magic number to certain EA and does the pending order trick, I looked for it and don't think I can find it.

when the cross MA shows bull sign, I want the EA to set pending order to SELL, 5pips above where the sign is signaled.
I guess it can be Hedging EA, you can set magic number of an EA you want this hedging EA to follow.
or, maybe the settings can change whether you want it to hedge, or follow the trend. like, when the EA shows bull sign, the EA will enter again when the market goes 5pips up.
it should be able to adjust the lot size, whether you want it to follow trend or reversal(hedging), and how many pips further away to enter from cross signal price, and SL and TP.

Please is it possible to have a trailing pending order that can even work as a hedge, that is I place a Sell Stop and as the price moves a certain amount of pips, the Sell stop also moves and when the Sell stop is taken, a buy stop opens at the distance where the price starts to reverse.

how do i change the initial order in the backtest so it leaves the initial order i put in and then puts the pending order at the open price so if it goes down it opens it and keeps doing this until the regualr order hits its tp.

In other words

i want to take the initial order in mt4. like at the begin of the week(sunday)

have that order run and only open this pending order when the price reaches open price to hedge the order(for drawdown) so it wont lose(because they will equal out if the price goes up or down). but for example if the price comes back up close the pending order(and re insert one auto) when its closed at 0.00

hello, could anyone recode it or reverse it from stop loss repeating to take profit and repeat please.