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Hi!
I'm looking for an EA or script that closes all opened trades superfast whenever a position retraces.
No need for extra rules like magic numbers etc etc. It needs to be as clean and fast as possible.
As example i open a trade with the MT4 one-click-terminal during a high impact newsevent.
The spike is superfast, most of the the time it jumps to, let's say, +30 pips and in the same second it retraces for, let's say, -10 pips.
These are very short trades. Most of them would be open for max ~ 1 second. I'm closing the trades manually at the moment, but gaining only 40% of the spike.
The script or EA needs to place (i think) a trailing stop of 0.1 pip directly to the open orders (i think max 2 or 3 at the same time) so i gain the almost full +30 pips.
I have a VPS and a broker with crossed connections and i have no slippage (trade execution time of ~ 0.5ms). So this wouldn't be the problem.
Also i have a free EA that shows that my wishes can be done. It places hedged OCO orders, once executed, it closes the profit trade with a TS of 1 pip.
The EA that works for me is the AmazingEA. I know there are free TS EA's to download, but most of them have tons of extra options that wont be needed or didn't programmed for its speed.
Please contact me only if you can do this job with 100% confidence and show me proof before you get the job like a short movie.
This would be the first job. If it works regarding my wishes, the second job would be to place an automated second order execution:
When the same spike, let's say, of +30 pips retraces, the current order closes by the TS. If the pair retraced a given percentage within a given time in seconds, for instance 40%, of the spike, it places superfast a new trade in the direction of the spike. The second trade needs to have the same technique (TS) + TP false/true, with set on true than set number of pips + x lotsize and a SL of x pips.
Thanks guys!
Cheers,
Angela.