The idea is to be able to create trading sequences by accumulating positions.
The opening of the positions is conditional on the previous position.
Example :
Position 1à I place a sell limit order eurusd 1.0315 with SL of 1.0320
2 possibilities :
- The position stops à automatically a new order at 1.0315 with SL of 1.0320 is set up
- The market goes down 5 points (1.0310) I open a new position (2) sell 1.0310 with SL 1.0315
Position 2 à it is now open at 1.0310 and SL 1.0315 (in addition to position 1 of 1.0315 and SL of 1.0320
3 possibilities:
- The position is stopped à automatically a new order at 1.0310 with SL of 1.0315 is set up
- The market goes up strongly my 2 positions are stopped (so SL at 1.0315 and 1.0320), I automatically replace the scenario of the first position à automatically a new order at 1.0315 with SL of 1.0320 is put in place
- The market continues to descend a 3rd position opens at 1.0305 and SL 1.0310
Position 3 à so on ………
So I need the robot that allows me to set my conditions:
-Number of positions per sequence
- setting of rate deviations for opening the next position (independent for each position)
-Automatic SL for each position
-Automatic TP
- stop the robot to take the manual hand to change the SL when I want
- be able to make different settings for each product EURUSD – XAUD ….
Example :
Scenario 1 | position | price | SL | situation |
| 1 | 1.0315 | 1.0320 | we start again as soon as we get stopped to reopen same position |
| | | | |
| | | | |
Scenarion 2 | position | price | SL | situation |
| 1 | 1.0315 | 1.0320 | step down 5 points |
| 2 | 1.0310 | 1.0315 | we get stopped we start again the 2nd position, if first stop we come back scenario 1 |
| | | | |
| | | | |
scenario 3 | position | price | SL | situation |
| 1 | 1.0315 | 1.0320 | step down 5 points |
| 2 | 1.0310 | 1.0315 | step down 5 points |
| 3 | 1.0305 | 1.0310 | we get stopped we start again the 3rd position, if position 2 stop we come back scenario 2 |
scenario 4 |
scenario 5 |
scenario 6 |
scenario 7 |
scenario 8 |
scenario 9 |
scenario 10 |
scenario 11 |
Thanks
David
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