No, it cannot do that. The problem with implementing that is that when the script runs, it can calculate the commission that has already been paid for the position and the swaps that have already been incurred and set the SL accordingly, but the SL will get triggered at some unknown point in the future, when more swaps might get applied, exit commission taken, and the currency pair's point value has changed, so the result might not be of the expected from a breakeven.
Yeah, You are correct. So, The trader should drag the script again each end of the day (server time 00:00) to reset the SL. Which is fine Enivid.
You are supposed to copy the two folders from the zip-archive directly to your MQL5 folder. This will put all the files to their appropriate location.
Man,,, whether it is indicator, script or EA, it is the like we give credit to the developer
The script is open source, anyone can do as they like to the source code. Again, it's up to you (or Jakey88) to keep the icon or not, if your or anyone prefer to keep the icon for sake of respecting the author, then just keep the icon.
I don't mind people removing the icon in the code for their personal use. Doing so to distribute it publicly would be an ass move though.
It's a script, not an EA. It will attempt to apply the BE just when you run it. It will probably fail to set a BE for trades with $0 profit because the SL would be too close to the current price compared to the broker's minimum distance.
No. Pending orders do not have any profit value, so a BE script would be meaningless for them.
There is no BE for pending orders. Well, there is, but that'd be the same as the open price, which wouldn't make any sense as your SL would be hit immediately as the pending order triggers.
Do what? Set the SL to the open price on a pending order? You can do that directly in the platform.
Yes, I need an automated way for my pending orders SL to set at open price immediately after they are placed.
Why would anyone create something this horrible? As I've said, this would make the newly opened position will close immediately in loss as the closing price will be behind the SL.
