EXPERT ADVISOR (EA) THAT WILL CLOSE OPEN ORDER IF CANDLE CLOSES IN LOSS BY PREDEFINED NUMBER OF PIPS

Name of EA: Bar Close Exit

The EA will monitor only losing trades on a chart and close it if loss in pips AT CANDLE CLOSE exceed minimum specified in the EA

Conditions to Close Order

1.      If candle close in PROFIT, the EA will do nothing

2.      If candle close in LOSS, do the following;

a)      If number of pips at candle close is LESS than minimum SL pips specified in EA, the EA will do nothing

b)      If number of pips at candle close is GREATER than minimum SL pips specified in EA, the EA will immediately close order

Additional Note:

·        Allow input for minimum Stop Loss (SL) in pips