Probe - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The author of the idea - the screenwriter
mq5 code author - Bara Bashkakon
The EA is suitable for both netting and hedging accounts. It works on every tick. To place pending orders (Buy Stop and Sell Stop), the EA analyzes the values of the iCCI indicator on bars #0 and #1.
When a trading signal is activated, the EA will set a stop-loss pending order at a " price indent " distance from the current price. If the stop loss is not equal to 0, it is set immediately.
What should I do with untriggered pending orders? If the current price changes from the pending order by 1.5 * " Price Indent ", deleted.
After activating a pending order, trailing can be applied to the position (unless Trailing Stop equals zero).
Sample test of EURUSD, M30:
Attachment download
📎 probe.mq5 (37.71 KB)
Source: MQL5 #22471
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