An EA that trails buys and sells | Forex Factory

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An EA that trails buys and sells

  • #1
  • First Post: May 29, 2016 10:08pm May 29, 2016 10:08pm
Im looking for an EA that will trail a buy stop for me. Say I want to buy the high of a bar one bar back from the current bar, but the current bar makes a lower high. I am sure there is an EA that will move the buy stop for me. Can anyone point me in the right direction?

Put another way, I want to trail the buy stop for each lower high until it gets hit. I want to use it for when I am sleeping or otherwise occupied.

Thanks everyone!
If you are good at something, never do it for free--Joker
  • #2
  • May 30, 2016 12:44am May 30, 2016 12:44am
Quoting jmn5611
Im looking for an EA that will trail a buy stop for me. Say I want to buy the high of a bar one bar back from the current bar, but the current bar makes a lower high. I am sure there is an EA that will move the buy stop for me. Can anyone point me in the right direction? Put another way, I want to trail the buy stop for each lower high until it gets hit. I want to use it for when I am sleeping or otherwise occupied. Thanks everyone!
Trailing Stop and Limit Orders
http://www.forexfactory.com/showthre...98#post7482998
http://www.forexfactory.com/showthre...59#post7250159
Trade what you see not what you hope
  • #3
  • May 30, 2016 3:03am May 30, 2016 3:03am
Quoting cja
{quote} Trailing Stop and Limit Orders http://www.forexfactory.com/showthre...98#post7482998 http://www.forexfactory.com/showthre...59#post7250159
Thanks cja!

Is there an EA that trails the stop to the high or low of the next candle? Say I am stalking price and waiting for a turn. I want to trail the order based on the high or low of the previous candle. Do you get my meaning?
If you are good at something, never do it for free--Joker
  • #4
  • May 30, 2016 5:42am May 30, 2016 5:42am
Quoting jmn5611
{quote} Thanks cja! Is there an EA that trails the stop to the high or low of the next candle? Say I am stalking price and waiting for a turn. I want to trail the order based on the high or low of the previous candle. Do you get my meaning?
Give this a go and see if it does what you want. I have coded it so you can choose which High or Low you want to trail from and also added the option to offset the Pending Order from the High or Low.
Attached File(s)
File Type: ex4 Pending Stop Trailing Candle HiLo nmc.ex4   41 KB | 566 downloads
Trade what you see not what you hope
  • #5
  • May 30, 2016 7:32am May 30, 2016 7:32am
Quoting cja
{quote} Give this a go and see if it does what you want. I have coded it so you can choose which High or Low you want to trail from and also added the option to offset the Pending Order from the High or Low. {file}
Perfect. While I am on the subject, that nmc suffix that you and mladen have in the title of your works. What does that stand for?
If you are good at something, never do it for free--Joker
  • #6
  • May 30, 2016 7:43am May 30, 2016 7:43am
Quoting jmn5611
{quote} Perfect. While I am on the subject, that nmc suffix that you and mladen have in the title of your works. What does that stand for?
nmc = New MetaTrader Code / New MetaQuotes Code / New MQL4 Code - take your pick, it basically shows that the new updated code has been used and that it is fully compatible with the latest MT4 builds.
Trade what you see not what you hope
  • #7
  • Last Post: May 30, 2016 10:25am May 30, 2016 10:25am
Quoting cja
{quote} nmc = New MetaTrader Code / New MetaQuotes Code / New MQL4 Code - take your pick, it basically shows that the new updated code has been used and that it is fully compatible with the latest MT4 builds.
If you are good at something, never do it for free--Joker
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