An EA that moves stop loss based on price movement, a lot like a trailing stop but slightly different.

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Simon was extremely helpful and very patient. Seemed very knowledgeable and very efficient, will definitely use again. Thanks Simon.
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Client provided project specifications and communicate in very detailed way that developers would love to. I would gladly work with client again.

Şartname

Hi, I am looking for someone to make me a fairly simple EA that consists of automatically moving my stop loss up to two separate times, if my position moves into a certain amount of pips profit.

 

So once I have created a new order for a position on MT5 (that includes a stop loss) and the position has opened, the only two functions I want the EA to perform are the following:


1. If/when the price moves from the entry point into profit by xxx pips, then I want the stop loss that I set during the new order creation to automatically move in same direction by xxx pips


2. If/when the price continues to move into profit a further xxx pips, then I want the stop loss to automatically move again in the same direction by xxx pips

 

After this second stop loss move, I want to be able to just move the stop loss manually as I please for the remainder of the trade.

 

I know this is very similar to a trailing stop, but not quite, as my stop loss is originally set at a different pip amount to the amount that I want move number 1 and move number 2 to be.


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