AUTOMATED DYNAMIC LIMIT ORDER STOP TAKE PROFIT SCRIPT
Hi, does anyone know of a script or other method that can place and/or move a limit order continuously between a live moving bid/ask with stop 10pips away and take profit 5pips with options to change,sl or tp distance or limit distance from bid/ask. Effectively, the idea of a market order but via a limit order.
- Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes
- Need help understand stop loss and take profit
- [WARNING CLOSED!] Any newbie question, so as not to clutter up the forum. Professionals, don't go by. Can't go anywhere without you.
Non-ECN brokers usually have a StopLevel of 3 pips - you can't place a pending order closer.