Hi forum. im kwon. kinda new here. not that new tho. well ill jump to the topic right away.
So i just moved to mt4 trading which im relatively new. In order to make life easier - and im sure a lot of guys and gals could use them - i need a script for [B]“CHANGING STOP LOSS”[/B], not trailing, but changing. Ive seen a guy use it, but he did not give it to me, he is selling it tho but i wanted first to know if there is such script flying around for free or whether or not it could be done with little effort.
[B]So here is how it works:[/B] Your [B]order [/B]is set, but you need to change it, you simply drag the script and move it to or near your desired stoploss. And its done - it changes all stops in the chart. [B]DRAG[/B]n[B]DROP[/B]. And it only affects the one pair that is on the chart. Its pretty cool and time saver.
[B]The second[/B], but not as important script (could be ea or indicator not up to me) is [B]fibonacci [/B]related. Here is [B]how it works[/B] (havent seen it but id love to have it): You draw fibonacci lets say on a rally and you plan on buying around 32% pullback. You set your orders and stuff, but instead of pulling back the market keeps rallying further, so you have to set all orders from scratch. Its really stressful and even more when you have to change it the third time and so on. So that script (or ea or indicator) is going to “redraw” the fibonacci as market rallies and change orders accordingly.
Youll excuse me if i cant check on the thread regularly but ill try to come and check it every night. Thanks in advance.
Well there you have it if anyone can do it i promise ill make a time to share an amazing strategy here lol) Stay safe everyone.