MT4 & take profit

Does anyone know how to put a sell/buy stop on which has a set TP for half the position and lets the other half run?

Cheers

mb325 said:

Does anyone know how to put a sell/buy stop on which has a set TP for half the position and lets the other half run?

Cheers

Click to expand...

tbh bud you're on the wrong suite of forums for this question, try fx fisherman or forex tsd.

I thought one of the 200,000 members might know! But then i remembered only 20 people post...

Two ways to do it.

1) You put 2 orders in, one with the limit attached, and one without.
2) An EA could monitor a single position, and close half when it gets to your TP price.

Thanks, any idea where i might find such an EA?

Not off top of head sorry, it would be quite simple to write though.
Have 2 inputs, EntryPrice and TPLevel.
Loop through the open orders and look for an entry with the entry price of the order you want to monitor. When it finds it check current price against TPLevel and close half if the price is right.
Im sure someone must have written one somewhere, maybe try forextsd as Black Swan said.

mb325 said:

Thanks, any idea where i might find such an EA?

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bud, I cannot be ar5ed posting the links, 'google' and you will find...

I had actually googled before I posted the thread and couldn't find anything, most of it links you to the latest system/scam. Thanks anyway i'll try another forum.

yeh i was just thinking about this. 'cept its not really possible for me to divide my 1.0 order into 2 seperate 0.5 orders cos my orders go like 5.0 4.0 3.0 2.0 1.0, 0.05

mb325 said:

I had actually googled before I posted the thread and couldn't find anything, most of it links you to the latest system/scam. Thanks anyway i'll try another forum.

Click to expand...

The other forums I listed for you earlier, just dyor on a linked point Alpari are piloting their Autochartist programme, IMHO it could signal the tentative start of lots of forex firms (EVENTUALLY) giving away EAs... ...just got an e-mail from them:

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