I subscribed to a mql5 signal on mt4 and trades are being copied to my platform everyday, and I need an EA able to do some simple management on running trades.
The most important function expected from my subject EA is to close trades on a specific pip loss, and this loss edge needs to be specified by trader as input variable.
But there is also one concern. If I close an open trade which is copied by signal service, it immediately will be opened again since the signal provider has not closed it yet. So I can't stop losses.
So I also need the EA to freeze any further trades being copied to my mt4 for a few hours, after it closes a position at a particular loss.
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Hi guys.
I subscribed to a mql5 signal on mt4 and trades are being copied to my platform everyday, and I need an EA able to do some simple management on running trades.
The most important function expected from my subject EA is to close trades on a specific pip loss, and this loss edge needs to be specified by trader as input variable.
But there is also one concern. If I close an open trade which is copied by signal service, it immediately will be opened again since the signal provider has not closed it yet. So I can't stop losses.
So I also need the EA to freeze any further trades being copied to my mt4 for a few hours, after it closes a position at a particular loss.
Is there any idea how I can make it?
Thanksss.