I'm looking for a script that will
Take the High (buy stop script) or the low (Sell Stop Script) of the previous candle.
Buy Stop script
When the price breaks to the high side 3 pips above the trigger candle's high a stop is placed 5 pips below the low of the same candle. Now this is the previous candle
Sell Stop Script
When the price breaks to the low side 3 pips below the trigger candles low a stop is placed 5 pips above the high of the same candle. now this is the previous candle
In the picture this is an exampl of a buys stop
a buy stop would be place at .6725
with a S/L of .6681 with is the candles low -5
IF there any programers out there that could do this thanks or if someone has one already
Take the High (buy stop script) or the low (Sell Stop Script) of the previous candle.
Buy Stop script
When the price breaks to the high side 3 pips above the trigger candle's high a stop is placed 5 pips below the low of the same candle. Now this is the previous candle
Sell Stop Script
When the price breaks to the low side 3 pips below the trigger candles low a stop is placed 5 pips above the high of the same candle. now this is the previous candle
In the picture this is an exampl of a buys stop
a buy stop would be place at .6725
with a S/L of .6681 with is the candles low -5
IF there any programers out there that could do this thanks or if someone has one already