if my tp(target) hit without taking (filling) my limit orders then automatically remove/delete my limit orders is this thing possible in mt5
for example I opened a short position current price is 5 my limit orders at 2 and my target is 7 if price directly reaches to 7 without coming to 2 then automatically delete my limits which are on 2 is this possible in MT5
- Placing Pending Orders - Trade - MetaTrader 5 for Android
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Of course, it's possible, code it.
There is no need to create pending orders in code.
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The pending has the slight advantage, A) you are closer to the top of the queue (filled quicker), B) there's no round trip network delay (filled quicker.)
Don't worry about it unless you're scalping M1 or trading news.
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Humans can't watch the screen 24/7, so they use pending orders; EAs can, so no need for pending orders, have it wait until the market reaches the trigger price and just open an order.
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