OCO EA for MT4

指定

When placing the OCO on the chart (and it should be chart specific and not global):

1.  Buy consists of a buy limit (pending order), stop loss, and take profit.

Buy Limit:  Set the buy limit 20 pips above the previous candle body - not the wick. This is a sold green line. 

Stop Loss:  Set the stop loss 20 pips below the previous candle body.  This is a solid red line.

Take Profit:  Set take profit 100 pips above the previous candle body.  This is a solid cyan line.


2.  Sell consists of a sell limit (pending order), stop loss, and take profit.

Sell Limit:  Set the sell limit 20 pips below the previous candle body - not the wick. This is a dotted green line. 

Stop Loss:  Set the stop loss 20 pips above the previous candle body.  This is a dotted red line.

Take Profit:  Set take profit 100 pips below the previous candle body.  This is a dotted cyan line.


3.  I should be able to drag and move each of the 6 lines above with my computer mouse.

4.  If the Buy Limit order is activated, the Sell Limit order should be cancelled and the 3 Sell Limit dotted lines removed from the chart.

5.  If the Sell Limit order is activated, the Buy Limit order should be cancelled and the 3 Buy Limit solid lines removed from the chart.

6.  No alerts.


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