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edakad

One Cancels Other (OCO) Vertex Fx Expert Advisor

By edakad, in Trading Indicators

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edakad    10

edakad
Posted (edited)

Hello,

 

I have created a OCO VTL Cliend script for vertex FX Terminal. One cancels other, OCO, is a set of 2 orders, a stop buy and a stop sell, and when one of these orders gets filled, the other order is cancelled automatically.

 

This kind of orders are useful to open trades at important news release, at major support resistance etc.. The OCO expert adviser opens 2 orders, a stop buy and a stop sell, and when one order gets filled the other is cancelled. When a trade is opened, the EA applies stop loss and target and manages the trade. It has the capability to apply a trailing stop loss also.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/one-cancels-other-oco-.html

Hope this is useful to Vertex Fx users

 

1819xv.png

 

Regards

OCO_Local.zip

Edited by edakad

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