Need a little kickstart please - Adding to position
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Hi,
Having read the guidance notes I now have a (very) basic understanding of the platform but am really struggling to use it to codify my strategies. The one I would like to test first looks like this:
- Enter trade
- SL at low of previous bar (consider this x pips)
- As the trade moves in my favour at 'x pips' intervals:
a. Add another position of the same size
b. Move the combined SL to x pips - Then keep on going, position size increasing and SL moving at constant intervals (x pips), until the SL is hit and everything closes.
I can just about handle step 1 in the platform, steps 2 to 4 I'm struggling with; Variables? Grids? Actual magic? Who knows...
Any guidance greatly appreciated!
Thanks
R -
https://fxdreema.com/shared/8P5oLlthe
Here is a simple example of that kind of pyramiding system