What is PricerEA?
PricerEA is a handy tool designed for traders who want to place pending orders—whether they’re stop or limit orders—at their desired price points. It’s all about making your trading experience smoother and more efficient!
This utility is user-friendly, allowing you to set the exact prices where you want those orders to trigger. Plus, it automatically calculates the lot size for each order, taking some of the guesswork out of your trading strategy.
And if that’s not enough, PricerEA also offers the option to run a trailing stop for market orders, but only once a pending order is triggered. This feature can help lock in profits while giving your trades room to breathe.
How to Use PricerEA
Here’s a quick guide on how to get the most out of PricerEA:
- BuyStop: Set this to open a buy order above the current market price.
- BuyLimit: Use this to open a buy order below the current market price.
- SellStop: This will open a sell order below the current market price.
- SellLimit: Use this to open a sell order above the current market price.
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