Simple Trading Program - cTrader

Parameters • Time Zone - eg US EST • Time of Day for Trade/program to run - eg 1700 • Direction of the trade - eg buy or sell • Volume of the trade - eg 100 • Stop loss distance - eg 1% Program 1. Triggered at the time of day set above 2. Check to see if there is an open position 3. IF = Yes 4. Then Update Stop Loss to be "Stop loss distance" from the current market bid/offer 5. Else execute a "Direction of the trade" order at the market price for the "Volume of the trade" and a stop loss equal to the "Stop loss distance" from the current market bid/offer. 6. Wait until the time of day triggers again