Download MetaTrader 5

Straddle EA

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Wayne Wampler, Jr.
Wayne Wampler, Jr.  

New to using the Metatrader Platform. Have it installed on computer 5 times testing several of the EAs. Looking forward to contributing to the forum as I learn more.

I was testing a STRADDLE OCO EA and need to have one created that will actually cancel the other order as well as place a trailing stop when the order is placed (if possible).


System Name Straddle_OCO_w_Trail

Name Primary Trade

PlaceTrade TRUE

Buy1 10 //distance away

Sell1 10 //distance away

Lots 1.0

StopLoss1 15

TakeProfit1 30

UseTrailingStop TRUE //user may not want trailing stop

TrailingStop1 15 //need to have this placed when pending order is added (if possible)


O.C.O. - Need to have the EA cancel the other pending order after one is triggered.

Break Even - Would like to have the EA pull the stop to B.E. after it moves up 15 pips.

---BreakEven TRUE //user may not want to pull to B.E.

---PullToBEafter 15

Any help on this would be greatly appreciated.

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