Open two Market orders in opposite directions:
This simple script opens two Market orders in two opposite
directions. The essence of this is when trading news, price often breaks
out in one direction. So ideally executing this script shortly before
the news release would imply that if a breakout occurs in one direction
one of the market orders (the one in the wrong direction) will be closed
by the price triggering the stop loss, while the order will be left
open to accumulate profits.
It should be noted that this is not always this case, however the
above example is just an illustration where one might require a script
Whats more? This script is %100 compatible with ECN accounts that do not allow the stop levels alongside OrderSend function.
Author: Chidera Anakpe