Scripts: Straddle Orders Around Current Price Level

 

Straddle Orders Around Current Price Level:

A script to place straddle orders around current price level to catch price spikes around announcements.

The idea would be that they expire after a certain time period and would straddle the current price action a certain number of points.

If there is an existing open position, the position's stop loss would be set to 1 point less than the opposite order. If the script fail to set the position stop loss, the script would then just close the position and create the straddle orders.

Straddle Orders Around Current Price Level

Author: Marcus Wyatt

 
Is this script available for MT4 or could it be modified for MT4?
 
Awesome