Job finished
Execution time 6 days
Trade Management Tool when entering a trade with a comment name
As soon as the buy trade is opened it would open a
pending sell hedge order at X pips against first position. if it went against the first position lets
say a buy trade for example then it will enter the sell trade and now we are in a full hedge. It will
now place two orders, one X amount of "ScaleInDistance" variable so 15pips in this example so a pending
order will now be place 15 pips below the 1st hedge sell trade, and a buy position will be placed 15
pips above the first buy trade. If price moves down and enters the second sell it will then place, 2
more orders one more sell 15 pips lower, and one more buy 15 pips higher then the second pending buy
order. It will keep repeating this until the market moves into a direction and it can close entire
situation.
inputs needed
CommentToManage:manage
Xpips_against_1stTrade:25 ( will set pending hedge order at this level)
ScaleInDistance:15
IncreasehedgeOn:3 (increase lotsize on 3rd pending order)
IncreaseHedgeby:0.1 (lotsize increases by 0.1 on every 3rd order so for example if you started with
0.1, and it increases on every 3rd order it will go 0.1,0.1,0.2,0.2,0.3,0.3,0.4 and so on until it can
close all trade with "Closealltradeswhenhedgeopen" 25 pips of intial lotsize.
CloseAlltradeswhenhedgeopen:25
I have an example of the coding i want to use although its buggy I would like a fresh one made with no errors.
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