Pyramide script zone or something like it..

 

hi, All

my guess some one made this already but am searching but can not find it. maybe it has a different name or so

example

maybe use a fib tool, to place limit, stop and market orders in a zone. zone can differ in size.  see screenshot


i mark that area with a fib tool or box. a script or Ea will place the trades. all trade together if stopped out you lose x%.  

screenshot: possible 5 trades can be triggered with 0.2% risk each. if all get stopped out you lose 1%

if all trades get triggered and you go for TP 1:1 of trade 1. you almost end up with the same R:R if you would only traded trade 5 with 1%

i hope you all understand the "idea"

where can i find it. must already be out there.


gr,

Tom

Files:
script123.JPG  84 kb