Code for an MT4 EA that uses Trailing Stop
Posted: Mon Jun 06, 2016 7:13 pmI'm new with trading and MQL4. I'm looking for an MQL4 code for an EA that uses the trailing stop closing price as the trigger to open a trade in the opposite direction.
Example:
Say you have a "SELL" trade open and have a trailing stop on this trade and want to have a pending "BUY" order with a specific SL that will execute once the active "SELL"trade is closed by the trailing stop. Hope this is clear enough for someone to help.
Thanks
Example:
Say you have a "SELL" trade open and have a trailing stop on this trade and want to have a pending "BUY" order with a specific SL that will execute once the active "SELL"trade is closed by the trailing stop. Hope this is clear enough for someone to help.
Thanks