Opposite Pending Orders Archives - Best Ideas for MetaTrader

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August 1, 2020

SafetyLOCK PRO Protect your positions by locking using the opening of opposite pending orders (HEDGE)

SAFETYLOCK allows traders to avoid strong market reversals by setting an opposite order for an already opened position. If a trader or an EA opens a position, SAFETYLOCK opens an opposite pending order for it. If the position becomes loss-making, the pending order is activated creating a lock. The EA allows you to close the initial position, work with a trailing stop, or multiply the lot.

August 3, 2017

Swing strategy (Pendulum). Automatic opening of 2 opposite pending orders, OCO orders.

The model of the well-known strategy Pendulum (OCO orders) is the sequential opening of pending orders with an increased lot. The principle is two pending orders are placed, and when one order is activated, the second order is re-pending before the whole basket is closed by take-profit.