Hi,

Thanks for your interest in the EA. This is absolutely what this EA does and even more. It is a robust implementation of OCO order which is what you have just described. If you place 2 pending orders in opposite direction and one gets filled, the EA will immediately cancel the other order. It does this by tracking symbols of market orders against pending orders and once it sees a match, it cancels the pending order in opposite direction to the market order. You don't even have to place this EA on every symbol that you trade for it to manage them, you can simply set the mode to 'GLOBAL' and it will manage all orders irrespective of the symbol you placed the EA on. Furthermore, it has reporting capabilities as it can generate emails, alerts and push notifications to mobile device so that you can track exactly what the EA does.

I hope this information helps? Do not hesitate to contact me via private message should you need further clarifications.

Thanks.

Verdure...always here to help 

Can your EA place 2 pending orders in the same direction?  One for break out entry and one for 50% retracement entry, can EA cancel 2nd pending trade didn't get fill?    Thanks!

K.  

Hi,

Kindly find my comments below with regards to each of your point:

1.  The EA will only associate orders in the same market i.e., same forex symbol. It will not match or associate orders across different markets when making decision of what to cancel. 

2. This is same as the comment above. It will only work for same symbol.

I hope this answers your questions. Let me know if there is any way I could be of help. Thanks. 

Verdure ... always here to help 

Hi,

Please be advised that the EA does not place orders. It only helps to manage your market and pending orders. It will not place market or pending orders for you. If however, you place your 2 pending orders, the EA will cancel the second order when the other order gets filled. 

Thanks. 

Verdure...always here to help 

Gracias, muy amable y muy bien aclarado

Hi,

I just recently purchased this but it hasn't been working at all... I have the EA running on my EUR/USD chart on Local Mode. I tried putting a buy stop and sell stop on either side of the current market price, but whenever one is filled, the other one stays. It isn't deleted like it's supposed to do. I've tried different settings and it still doesn't do anything. Please respond asap because I'd like a refund if this EA doesn't work.

Hello.

I have the same problem. I placed a buy stop pending order and a sell stop

pending order. The sell stop pending order was triggered but the buy pending

order remained. I tried a few times with the same result.

Hello,

Had a buy stop and sell stop order already placed, then purchased/added OCO. Sell stop order triggered but it didn't cancel buy stop order.

I've placed a new order and will wait to see if it works. Is there some specific settings needed? Thx

MT4 4.00 build 1335

Okay I've set to global, live trade, and enabled all safety settings. In a trade now so we'll see in a few hours. 

I'll report back. Thx

ps - I'm trading US30

Changes didnt work so I have the screenshots and logs but when I try to send message to you I get.

"Add the user as a friend. You can see activity of your friends on the website and communicate with them easily."

then the add user button forwards me to your user accont and same send message again. 

I'm getting a loop. frustrating.

on Windows 10 PC

This product works great and Olawale has been very helpful.

The errors were due to my ignorance as I had the Tools>Options>Expert Advisors setting ""disable when account has been changed" active.
Thus testing/changing accounts disable EA

This is an excellent product. It does just as I explained and looks to be the only working type available for Mt4.
I would of paid double for this EA. Not having to watch the trades for hours and manually edit is a great relief.

Thanks again Olawale