NEED % DECLINE STRATEGY WRITTEN IN TRADINGVIEW PINE EDITOR/ PINE SCRIPT!

MQL5 Asesores Expertos

Tarea técnica

%Decline compounding Algo.

1. Upon activation the algo ENTERS the market SHORT - TP set to 2%

2. Then after every 2%TP drop a new trade is entered. So say a stock is $100 we ENTER short at $100, tp is 2% lower at $98. When that trade ends
a new trade is entered for another 2% drop so ENTER short @98 with TP= $98*0.98. continuously

3. the volume also needs to scale after each trade. so starting at 100contracts, to 102 increasing by 2% rounded up to the nearest whole number..
so 104.4 would be 104, 104.6 would be 105contracts.

volume increase, % decline and tp% need to be adjustable so i can play around with them. There will never be more than 1 trade on at any one time so it should be smooth one in one out.


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