SMC Manual EA Limit and or Stop Order

Submitted by azka on Thu, 2010-04-01 03:33.

Posted in Expert Advisors | previous forum topic | next forum topic | 1113 reads »

SMC Manual EA limit and or stop order

This EA will put 12 trendlines(TL) on the chart it is attached to 3 TL's for a Simulated Buystop entry, TP & SL, 3 for SellStop, 3 for Buylimit, & 3 for SellLimit. Use the STOP TLs for pattern breakouts,

ie, the ea will buy(sell) on a close above(below) these TLs. Use the LIMIT TLs for Channels, ie, the ea will buy(sell) when price touches these TLs.

Put BuyLimit at the bottom of the channel, triangle or wedge, and SellLimit at the top, to trade inside of the pattern.

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