When order is entered 2
pending orders are placed at different distance in the opposite direction.
The take profit &
stop loss of the opening entry control the trade. When TP or SL is reached, all
open and pending orders are to close. Take profit input for the pending orders
is not needed. The initial stop loss for the pending orders is required. Also,
trailing stop parameters are needed. Trailing stops are to start at a specified
distance into profit for both the pending orders and the original entry. If a
pending order is stopped out, a duplicate pending order is to be placed from
the price at stop out and repeated at each occurrence. A BUY, SELL, and CLOSE
button to be on chart. The close button would be an override to close the
trade. The general parameters of the EA should also appear on the chart and the
current spread. See attached for further details.
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