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I am looking to make the ¨ Market if Touched¨ MIT type order on MT4
I have added the details below:
PART 1:
When an horizontal line is touched, it would send automatically a MARKET order to the broker with any Predefined Limit Order and Stop order to exit the trade .
This Horizontal line would be always linked with the MIT order. You could have multiple MIT on the sell side and multiple MIT or the long side at the same time.
If a line is deleted or deactivated , then the MIT order will disappear from that level .
If MIT line is above market price it would be automatically a SELL ..and if MIT line is below market price is would automatically be a BUY .
PART 2:
A drag and drop feature on all pending and open order ... one can drag and drop the Pending order , the limits and the stops anywhere .
PART 3:
- I would like when a MIT is executed, then on the sell side the default color would be a red horizontal dotted line with the stop also colored red but with different dots ( see image) . limit order yellow. And when a long MIT is executed then a Blue horizontal dotted line with the stop also colored blue but with different dots (see image). limit order yellow
PART 4:
- When an order is entered and executed on the short side, then a DOWN arrow would be plotted automatically . When an order is executed on the long side then a UP arrow would be plotted automatically.
- When an order is exited and executed on either side , long or short, then a colored CHECK MARK icon or other ( see images ) would appear.
PART 5:
Have arrows and lines show all the previous entries and exits ( see image ) . This will help in review the trades.
PART 6:
A way to hide and unhide : 1) All pending orders 2) The arrows and lines showing the previous entries and exits .
Sincerely
kevin
P.S. how would you activate the MIT ..i.e. right clicking on horizontal line ? right clicking when crosshair is active ? or any other idea .
Idea: A right click that says ACTIVATE MIT or DISACTIVATE MIT on the horizontal Lines could be great to see which one are working.. and the horizontal lines changes to a doted line to show that it´s pending and active. vs plain lines when inactive.
or maybe Right click on the chart with the cross hair at a price you want the select INSERT MIT ... and this would place the MIT with it´s predefined Stop and Limit that can be adjusted also once in the trade. Then right click again that line and select REMOVE MIT to remove the pending MIT order