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Hi all,
I have been trying to find about the reverse stop loss and the function of it,,, but couldnt find anything so far...
Only about stop loss/order, no Reverse stop loss .
The Stop and Reverse orders are used as an extension of stop-loss orders. Here, the trader with a long trade will exit his position when the stop-loss order is hit and will immediately reverse his position and enter into the short trade with the stop and reverse order.
im looking for EA ,a stop and reverse order, sometimes called a SAR, is a type of stop-loss order that exits the current trade you're involved in and either simultaneously or immediately thereafter enters a new trade in the opposite direction after hitting a stop loss
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