Download MetaTrader 5

Scripts: Straddle Orders Around Current Price Level

To add comments, please log in or register
1000 paid orders are executed in Freelance service. Sign up!
Automated-Trading
Admin
99103
Automated-Trading 2014.05.23 11:57 

Straddle Orders Around Current Price Level:

A script to place straddle orders around current price level to catch price spikes around announcements.

The idea would be that they expire after a certain time period and would straddle the current price action a certain number of points.

If there is an existing open position, the position's stop loss would be set to 1 point less than the opposite order. If the script fail to set the position stop loss, the script would then just close the position and create the straddle orders.

Straddle Orders Around Current Price Level

Author: Marcus Wyatt

wifiguy
34
wifiguy 2014.07.11 15:58  
Is this script available for MT4 or could it be modified for MT4?
To add comments, please log in or register