All - I have built a simple EA that performs the following functions: (all functions are turned on or off using input parameters see the input parameters section from the readme file for details):
- Send email notifications to the specified email address when a new order is created and/or an existing order is closed. (Note that the currently it sends only the ticket number and order type in the mail. There is not much other information sent. I plan to add more meaningful information in the next version.)
- Add a trailing stop to an order whenever a new order is opened (sell orders only). The trailing stop can be specified as one of the input parameters.
- Margin close function. This function allows the user to close one of the open orders if total loss from the open orders crosses the specified percentage.
- Take profit at a specified equity level. This function allows the user to close all open orders when account equity crosses a certain level.
I am sure there must be many EAs of this nature out there but thought of sharing my creation too! Please give me your feedback if you decide to use this EA.
PLEASE BE VERY CAREFUL IN USING THIS EA ON YOUR LIVE ACCOUNTS AS IT HAS SOME POWERFUL FUNCTIONS THAT MANIPULATE ORDERS. Good luck! Any questions/concerns, please let me know.
Forgot to mention that I use this EA on my live account - trader explorer - schopade
