I am trying to see if an EA based on these requirements can be created:
1) Find the lowest low (SSP, sell stop price) and highest high (BSP, buy stop price) of the previous two 1-hour candles.
2) Entry price is 10 pips less than SSP and 10 pips higher than BSP from above.
3) Place buy and sell stop orders at a pre-specified time.
4) Merge them as OCO - one cancels the other. If any one of the stop orders get triggered, the other one must be cancelled.
5) Provisions for entering lot sizes & start time(s).
6) Provisions for stop loss and trailing stop would be nice to have.
Now sure how much of an effort it takes. Can someome please help ?
Thanks in advance!
Did u manage to find an EA with OCO order?
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