pontxo Posted November 30, 2010 Report Share Posted November 30, 2010 (edited) I want to create an expert advisor of 3 pips put buy and sell limits, in the direction of the trend, and for every order that is open to create a new sell limit or buy limit For example: sell limit: 1.0032 buy limit: 1.0029 buy limit: 1.0026 buy limit: 1.0023 price: 1.0020 sell limit: 1.0017 sell limit: 1.0014 sell limit: 1.0011 buy limit: 1.0009 and now suppose that the price goes up 3 pips new buy limit: 1.0035 sell limit: 1.0032 buy limit: 1.0029 buy limit: 1.0026 new price: 1.0023 new buy limit: 1.0020 sell limit: 1.0017 sell limit: 1.0014 sell limit: 1.0011 DELETE buy limit: 1.0009 sorry for my English, and my bad explanation, I think can see what I want to do. the EA would be nice to allow choosing the size of the lot, start time ... Edited November 30, 2010 by pontxo Quote Link to comment Share on other sites More sharing options...
dovgr Posted November 30, 2010 Report Share Posted November 30, 2010 (edited) Are you deleting the first orders or not (if not in the end you might have buy and sell at each level) ? what will happen if the price is moving all the time in zigzag between buy and sell so you will have many flowting orders in loss - did you checked this ? what is the take profit or exit cretiria ? Edited November 30, 2010 by dovgr Quote Link to comment Share on other sites More sharing options...
pontxo Posted November 30, 2010 Author Report Share Posted November 30, 2010 (edited) more distant orders the price it erased, and instead of 4 orders over price and 4 orders below would be nice to be 8 or 12, and TP would be between 3-5 pips, so although the market moves in zig zag, there will never be many open operations Edited November 30, 2010 by pontxo Quote Link to comment Share on other sites More sharing options...
scarface Posted December 9, 2010 Report Share Posted December 9, 2010 Hi pontxo, Good day, would you mind posting a picture and drawing on it the positions you like to do... and which one should be deleted after that... There is something you should keep in mind ... the broker's rules about setting the Limit and Stops orders.... I mean some brokers require you 5 pips others less than that.. best wishes, SF Quote Link to comment Share on other sites More sharing options...
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