Looking for a very basic EA which does this: if pre-defined price level x is reached, place a pending order+SL+TP
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Hi everyone,
Short version: I'm looking for a simple "semi-automatic" EA which does this: if price level x is reached, place a pending order with SL+TP.
More detailed explanation:
This simple EA should allow me to specify
- a price level x (for example by setting a horizontal line or entering a price level by hand, e.g. 1.45148)
- an entry level for a pending order
- the accompanying SL for that pending order
- the accompanying TP for that pending order
So if the market reaches the price level x, the EA should automatically place a pending order with entry level + SL + TP defined by me.
That's all. So basically..I want to enter the pullback/retrace after a breakout. I decide everything: breakout level (which is only used to trigger a pending order, it's not used to enter a trade at that level!), entry level, SL level, TP level.
Can anyone point me to a free or inexpensive commercial EA which does that, or even upload a free one here? : )