Cancelling a pending order if price reaches X
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Thread: Cancelling a pending order if price reaches X

  1. #1
    Anyone have any clue (or some other EA/FAQ etc) out there on how do I cancel a pending order if price moves past a particular level?

    Example price is currently at 1.45, I have a sell pending order in 1.40, however if price strikes 1.50 the pending order will be cancelled.

  2. #2
    Quote Originally Posted by ;
    Anyone have some clue (or some other EA/FAQ etc) out there how can I cancel a pending order if price moves past a certain degree? Example price is currently at 1.45, I have a sell pending order in 1.40, however if price hits 1.50 the pending order will be cancelled.
    I really don't know if that's possible due to the time when the price attained 1.50, your pending order at 1.40 would have been implemented long time ago; it would have implemented been implemented in 1.40 and in the time the price hasn't attained 1.50 yet. 1.40 comes before 1.50 there's no way the price would attain 1.50 before reaching 1.40.

  3. #3
    Quote Originally Posted by ;
    Worked, thanks a lot.

  4. #4
    Quote Originally Posted by ;
    quote I don't know if that's possible due to the time when the price reached 1.50, your pending order at 1.40 would have been implemented long time ago; it would have implemented been executed at 1.40 and at the time the price has not reached 1.50 yet. 1.40 comes before 1.50 there is not any way that the price would reach 1.50 before attaining 1.40.
    Though I have gotten the EA requested by rockit above, but simply to clear your clarifiion.

    The pending orders (1.40 and 1.50) were made when the price is currently at 1.45, therefore both 1.40 and 1.50 would not have been struck (yet).

  5. #5
    IV
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