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Time Based Stop Loss
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[QUOTE="bm0899, post: 104703, member: 37271"] Hi All Coders, I have zero knowledge of MQL. If someone here could kindly code this extremely useful a risk management EA with two functionality: [B]Time Based Stop Loss (most important):[/B] [LIST=1] [*]EA will cancel all open orders which are in Loss after specified [I]seconds[/I]. If trade is in Profit then don't close the trade. [*]User can input: [I]seconds[/I] (for example: 75424 seconds) [*]User can input to close order for: current chart order [I]OR[/I] all open orders in all charts (as the user can choose to apply different seconds for different symbols). [/LIST] [B]Partial Stop Loss Levels (secondary):[/B] [LIST=1] [*]For all open order which has a stop loss (SL) order attached. If price is currently trading between 50% of SL and Entry, then close 50% of the position size. [*]There should be 3 such levels of 25%, 50%, 75% (these levels are % distance between SL and entry order). The user can manually select how much position size % to close at each level. [*]Please note that user can manually change/drag the stop loss order in MT4 this should also automatically change the levels (25%/50%/75%) above. [*]User can choose the above settings to: current chart OR all open orders in all charts. [/LIST] Any help from anyone would be extremely as I think this EA would be very popular and immensely help traders to manage risk. Many thanks. [/QUOTE]
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