(Req) Stop loss based on Previous X Number of candles high/low

ysewellam

Member
Hello,

Any expert advisor or script out there that when I open a trade it automatically places stop loss based on Previous X Number of candles high/low (Buy order the stop loss will be on previous X number of candles low and vise versa) . And not tied to any pair (open for all pairs and markets) on MT5 please ?



Thanks
 

ysewellam

Member
Each tade stop loss will have different value based on the High (in case of a sell trade) or Low (in case of buy trade) of X amount of previous candles. As for the take profit we can make it as X amount of risk/reward (Like 1:1, 2:1, 3:1, 4:1 ). Just a very simple EA or script. For MT5 and not tied to any pair as decimal related ( Like it can work on any pair FX, Metals, Cryptos ). Thanks
 
Top