Doug Hayman Posted June 14, 2018 Report Share Posted June 14, 2018 Hi Jerry, Is there any facility in MT to automatically set a Stop Limit Price (either Buy or Sell) automatically based on the Close Price of the Previous Bar? Or am I venturing into the automated trading world with this question? Thanks, Doug Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted June 14, 2018 Report Share Posted June 14, 2018 If I understand you correctly, you are venturing You mean have an already placed STOP order automatically updated based on prev bar on a chart? If so, no If on the other hand, you want to have an order that has NOT been placed yet, automatically updated based on current bid/ask/last or offset from those, you can peg the order and MT aill move the price accordingly, including on the chart. On the chart, the P button on bottom center of the trade capsule is for pegging. Quote Link to comment Share on other sites More sharing options...
Doug Hayman Posted June 14, 2018 Author Report Share Posted June 14, 2018 No, actually not venturing, although I like your idea Peg is exactly what I'm looking for! I'm looking to "Peg" Stop Limit price to Last Price at close of a bar, as bar completion timer goes off. Beautiful and thanks once again! Quote Link to comment Share on other sites More sharing options...
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