geoffinaus:
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Is it possible to enter Conditional Orders in MT4
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Is it possible to enter Conditional Orders in MT4
eg
I Trade with the Trend on Pullbacks using Fibonacci Retracements
I want to place orders at say the 0.0%, 23.6 % 38.2 % and 50 % but not until Price is above the Prices at each of theses levels and catches them on the way back into the Trend
eg
If Price is at the 23.6 % Retracement level
I want to enter a Sell at the 38.2 % level but not until price hits the 50 % level.
If I enter the order now when Price is at the 23.6 % level the order will be triggerred when Price reaches the 38.2% level but if it continues up then I will get unrealised losses until it stops retracing
I want a conditional order - the order is not entered until it reaches the Prices I enter is reached and then when price moves back in the direction of the trend the order will be triggerred
Maybe I need an EA ? Was hoping I could do without an EA