Comment on EA's for auto buy/sell signals - Pi

Praveen commented on 04 Mar 2016, 02:13 PM

Hi All,

I have one query regarding automating trading

1st thing, I work only with “Cover Order” for better leverage.

Can I create an EA in Pi with following situation?

Lets say currently LTP is 2500


If price reaches 2520, my EA should execute a “Cover Order” with specified SL (I am also aware that the cover orders are market orders, hence exact 2520 may not be achieved, but that is fine, even if EA can execute a cover order automatically at/around 2520, it sufficient)

Exit: EA should perform the closing of open “Cover Order” at a specified level

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