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Limit Stop Order Script - script for MetaTrader 5

Serhii Ivanenko | English Русский 中文 Español Deutsch 日本語 Português

Views:
7044
Rating:
votes: 32
Published:
2013.01.23 15:54
Updated:
2016.11.22 07:32

It is intended to breakthrough's trading on the support / resistance levels. For example if the price touches the given limit price the script places its stop order at the defined stop buy price (on 5-10 pips above level) and exists. Thus, if the price breaks through the support line no buy stop order is sent. I.e. such approach serves as a filter that allows to deselect weak / false signals.

Limit Stop Orders parameters



Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1460

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