Cannot move stoploss order once entry is triggered script

Hi all,

As the title says, i am looking for a script or EA that forces you to NOT make any changes to the orders once the trade is triggered.

Since i am a scalper, i do few trades per day and i need a script that forces me NOT to move my stoploss wider and wider, hence more losses.

I need something simple like once i enter eur/usd, i need to open a script or EA that forces me to NOT move anything on that pair. Meaning i can't enter trades or a second double lot trade on the same pair and i can't move the stoploss or takeprofit.

Or something like if i want to move my stoploss or close the order, i need to enter password like 5-10 times, you know, just to make it a hassle and not like the now very easy drag and drop line widening the stoploss farther and farther.

Also, it will help those who close out their profit too soon. This script forces you to hold until the position goes to your takeprofit line.

Does it make sense anyone?

It would be a total waste of time to write such an EA. If you don't have the self discipline, then you will simply disable the EA.

Maybe that's just you but i don't think everyone was born to have very strong self-discipline. And i believe that discipline can be trained by continuous doing something over 7 times.

Please don't tell me to have some better self-discipline. If everyone can master self-discipline so easily, then everyone would be a winner and there will be no more market available to feed the greed and the fear.

That is why sometimes a computer script can help one trader to better him/herself.

Tell me something, have you ever moved a stoploss once? Just once and not following the system? Then this is where this script/EA would come in handy.

yes, i know you can disable the EA manually but it would be a hassle and not in a rush of time. You have more time to think, more actions to do before you get to move the stoploss in a fast paced market. I'm talking about 1-5min chart trading here, not those intraday traders holding positions for few hundred pips. Sometime moving a stoploss one pip can make a big difference. And sometimes it's those habit of always moving stoploss get you into big trouble.

You seem to have taken my post as a personal attack. It wasn't. Just a fact of life.
One click disables all EAs from trading, it is very easy.
The reason that you move your stop losses is because you always think that THIS time it can't possibly keep going in the opposite direction to your trade. THIS time it will turn around and turn the loss into a win. I just have to hang in there a bit longer.
When a trader has this mindset, he will not allow an EA to prevent him from moving a stoploss. One click and the EA stops interfering.

Thanks for the reply. One click disable all trading seems nice but i just need a disable on that pair alone, not all other pairs. I need to keep trading on other pairs while the first pair worked its way out.

here's what i am thinking:-
1) i enter a trade
2) trade got triggered
3) i activate the disable everything on this pair script and then i wait until my trade is a profit or loss, no extra modification on the pair

Or if i really want to modify something, like a big news is coming, i need to enter a password for 10 times. The password would be something like "iwillnotclosethistrade" to remind yourself of how triggered happy you really are. By the 5th time you are entering the password, you will have taken your time to not do anything stupid like widen the stoploss to another 10 pips or enter another position hoping to average down.

Thanks for any help.

Can anyone point me to something like this?

Bump for awareness.

Come on people, i don't think i am the only one who thinks or acts like this.

Let me rephrase this in a positive manner. Don't think of the negative way of moving stoploss.

Imagine what this script will help you earn more money by not closing out profitable trades too early. I bet there are tons of traders out there who closed out profit too soon. This script will definitely help you earn more profits by forcing you not to modify the current orders.

Here's my concept so far but anyone can improve it:-

Once a trade is triggered, activate a script that forces you to enter a password for 10 times+ (heck, make it 50 times) if you want to modify the order

Any takers?