Forex Obi Pending Orders Robot Specialized for trading in news and at any other time in the market, this program consists of placing pending orders (Buy STOP / Sell STOP)
Buy Stop: pending purchase order at a higher price (“stop” price) at the current price. The Buy Stop order is executed if the sale price (“Ask”) quoted on the platform is equal to or higher than the level (“stop”) of the order.
Sell Stop: pending sales order, at a lower price (“stop” or cap price) at the current price. The Sell Stop order is executed if the purchase price (“Bid”) quoted on the platform is equal to or lower than the level (“stop”) of the order.
Buy & Sell Stop: activates both pending orders.
Cancel Pending: eliminates pending buy stop and sell stop orders.
Close Open Order: removes open orders, either from Buy and Sell.
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)