Price Line BnS Stops Utility EA
- Utilities
- Opengates Success International
- Version: 1.0
- Activations: 10
Price Line B-n-S Stops Utility EA
This Expert is a manual EA that can be used to open both buy stop and sell stop simultaneously, when the trader didn't know where the market is heading or such a strategy that needs both pending orders to be opened at the same time in order to catch the market trend irrespective of where it is headed after a breakout of consolidation or during a news release.
It uses price as mid-point and the user can set the distance as desired (like 10 or 20 pips) manually above and below the price-line to provide breathing room for the price to decide which direction.
FEATURES:
# It has a single trade button that opens both buy stop and sell stop orders at a single click.
# It has an automated function as an option for the expert to open both pending orders without the user clicking any button.
# It has multi-orders function to open more than 3 default orders on both pending orders and the user can define the number of orders.
# There are 3 default pending orders to be opened with take profit thus: 25, 35, 50 and 25 as a common stop loss.
# It has magic number for order identification.
# The user can input the distance from the current price he desires.
# It has trades management functions.
# It has breakeven function to lock in the profits no matter how small and also to protect the trade and prevent unnecessary losses.
# It has trailing stop that trails behind the price to increase profit already acquired.
# It can work on either currency pair's order on the current chart and other trades on the account based on the user's preference.
*** I'm sure you will enjoy the usage of this expert if used for the purpose it was created.
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