MT4 Automated exit based on trend line break

Discussion in 'Automated Trading' started by traitor786, Jan 29, 2013.

  1. I am wondering if anything like this exists. It is an exit that is based on a drawing instead of price alone. when price crosses a drawn trend line the system would automatically exit.

    The main issue is that usually a typical stop lose is held on their server after entered. Can this some how also be held on their server as a string of one cancels the other? Would all these order pose a risk as mutiple OCO's would need to interact ?

    Also would it be possible to, in conjunction with this exit based on volume changes ?