Market If Touched

Indicators Experts

Specification

I am looking to make the  ¨ Market if Touched¨ MIT type order on MT4 and MT5.

 

When an horizontal line is touched, it would send automatically a MARKET order to the broker with any Predefined Limit Order to exit the trade .

 This Horizontal line would be always linked with the MIT order. You could have multiple MIT on the sell side and multiple MIT or the long side.

 If a line is deleted, then the MIT order will disappear from that level . 

 

If MIT line is above market price it would be automatically a SELL ..and if MIT line is below market price is would automatically be a BUY . 

 

A drag and drop feature on all pending and open order would be a plus but not essential. 

I hope somebody can do that task.

 

Sincerely
kevin  

 P.S. Idea: Maybe using a right click that says ACTIVATE  MIT or DISACTIVATE MIT on the horizontal Lines could do the trick.. and the horizontal lines changes to a doted line to show that it´s pending and active. vs plain lines when inactive. 

 or maybe Right click on the chart  with the cross hair at a price you want the select INSERT MIT ... and this would place the MIT with it´s predefined Stop and Limit that can be adjusted also once in the trade.   Then right click again that line and select REMOVE MIT to remove the pending MIT order   

 

 

  


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