How to place pending orders before news.

 

I found this on the web. Can anyone tell em how to set it up? Is it an EA, indicator?

#1 off_pips (to tell the system how many pips above and how many

pips below the market you want to put the orders.

#2 stoploss_pips (to tell the system how many pips trailing stop you want

on each order)

#3 lots (to tell the system which lot size to trade)

Again it is a very easy thing to use as it just puts a buy order above

and a sell order below with a trailing stop.

 

Use this EA to open pending order

The attached EA does the job.

Files:
newsea.mq4  4 kb
 

Use this EA to open pending order

smalltalk:
The attached EA does the job.

Thanks Smalltalk I'll try it.

 

How to place pending orders.

smalltalk:
The attached EA does the job.

Smalltalk, I loaded the EA and it produces many, many orders. How do you control that? Am I doing something wrong?

 

the attached willopen limit pending order.

Files:
newsea1a.mq4  6 kb