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Opposite Order Creator

This utility device opens an opposite position a specified distance away from an original order (opened by another EA or just by manual trading) which it automatically detects.

It can be used to gain back losses on false breakouts for example.

Positions opened by the device can have a fixed SL and TP or/and can be protected by a trailing stop. In addition, it has a partial close function and a separate function to set a TP for secondary targets.

It also uses a Magic number system, so it can be used on different currency pairs at the same time with different settings.

Also it has a multiplicator function built in to determine the size of the new position in relation to the original order (1.0 = order will have the same size as the original order) or you can simply set a fixed position size.

Opposite Order Creator's position will get canceled if the original order's TP gets hit.


Parameters

  • Lots - select a fixed size for the positions that OOC creates
  • UseMultiplicator - set to "true" if you want to use the Multiplicator function to determine the position size in relation to the position size of the original position which was placed manually or by another EA
  • Multiplicator - select a value which the original position size is multiplied with
  • Distance - value tells the EA how far away from the original position the opposite order should be opened (value in points: 100 Points = 10 Pips)
  • StopLoss - fixed stop loss value for OOC position (in points)
  • TakeProfit - fixed take profit value for the OOC position (in points); if PartialClose is used, this will determine the take profit level of the partial close position
  • TakeProfit_Second - fixed take profit value for the remaining OOC position (in points);
  • PartialClose - percentage value will be closed at the TakeProfit level (e.g. 50 = 50%)
  • BreakEven - modify the original SL to breakeven after the set value in points has been reached
  • TrailingStart - after how many points in profit should the EA start to trail the SL
  • TrailingStop - value for the trailing stop loss (in points)
  • TrailingStep - after how many points should the trailing SL be newly adjusted
  • Magic - unique number to identify orders

This device is pretty useful especially in fast moving markets, e.g. during news events where the EA can protect your account balance in case of occuring spikes.

OOC can be used on any pair and with every broker.

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Dieses Produkt filtert alle Expert Advisors und manuelle Charts während der Nachrichtenzeit, sodass Sie sich keine Sorgen um plötzliche Preisschwankungen machen müssen, die Ihre manuellen Handels-Setups oder Trades, die von anderen Expert Advisors eingegeben wurden, zerstören könnten. Dieses Produkt wird auch mit einem vollständigen Order-Management-System geliefert, das Ihre offenen Positionen und ausstehenden Aufträge vor der Veröffentlichung von Nachrichten bearbeiten kann. Sobald Sie The New
Gann Model Forecast
Kirill Borovskii
5 (1)
I present to your attention a powerful utility for predicting the future movement of an asset based on W.D. Ganna’s law of vibration. This utility analyzes the selected market model and provides codes for future possible market movement patterns. If you enter the selected code into the appropriate box, you will receive a forecast of the potential market movement. The utility has the ability to display several potential forecast models. The forecast is not yet tied to time and price and gives th
Live Bot Maker
Nabeel Zafar
5 (4)
Let Your Ideas Earn For You. Convert your Ideas and Strategies in to automated trading bots directly on MT4. Visual Strategy Builder with Instant Results on the chart. This One of a kind strategy builder, allows you to specify rules and visually see the signals based on those rule as you create them. Visit the link for Group, User Manual, Video Examples Why Use LBM LBM is an essential tool for traders of all levels. It allows traders to create strategies quickly and easily, and to test th
Take a Break
Eric Emmrich
5 (26)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
TPSpro Trade PRO
Roman Podpora
5 (4)
IM TESTMODUS (im Tester) ist die Panel-Funktionalität NICHT AKTIV. Wir haben nur eine visuelle Darstellung des Panels selbst bereitgestellt. Ein Tool, das die Positionsgröße oder das Risiko basierend auf einem bestimmten Stop-Loss-Level sofort berechnen kann, ist sowohl für professionelle Händler als auch für Anfänger von entscheidender Bedeutung. Das Handelsdienstprogramm TRADE PRO bietet schnelle und genaue Berechnungen und hilft Ihnen, Entscheidungen unter Bedingungen begrenzter Zeit und er
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