"Buy/Sell Pending Order" block
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@fxDreema i didn't understood on the builder how to make an "buy stop" and a "buy limit" it counts just like "buy pending order", can you explain it please? i didn't found in other publications
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Hi there,
So I've been at this for a bit now and I can't seem to figure out how to get the "Buy/Sell Pending Order" blocks to place Buy Limit orders and Sell limit orders. By default, it keeps placing Buy Stops and Sell stops. Any suggestions? I'm thinking there has to be a way to tell it what type of pending order to open... There's only 4 different types: (Buy Limit, Sell Limit, Buy Stop, Sell Stop). I need the limit type because I'm using a bit of hedging in this strategy... The buystop/sellstop will close one position to open another in the opposite direction and I don't want that. -
Use negative value for Price offset. Or, in general, whatever the open price is, certain type of pending order will be created there. The type is not specified directly, it depends on the open price.
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Using a negative value just makes a Buy Limit order underneath current price. If I use a positive value, it's above price where I want it. But it's a BuyStop. I want to be able to open a Buy Limit order above current price 20 pip offset. Under the properties of the Buy Pending Order/Sell pending order block, there's no way to add a drop down field like this: Order Type: Buy Stop, Sell Stop, Buy Limit, Sell Limit?
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I see now.... You can't even open a buy limit order above price manually on MT4. My bad.
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@valleyfx said in "Buy/Sell Pending Order" block:
@fxDreema i didn't understood on the builder how to make an "buy stop" and a "buy limit" it counts just like "buy pending order", can you explain it please? i didn't found in other publications
@fxDreema said in "Buy/Sell Pending Order" block:
https://apiaryfund.com/sites/default/files/buy-limit_4.jpg
http://www.forexfactory.com/attachment.php?attachmentid=1716961&d=1437471384use negative or positive offset value, just try it with tester and learn more about what are stops and limits in general, use youtube or google
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Pending order in fxDreema opens at different price than the current price. In the block you put the price and then the EA decides the type of the order. The easiest way... try with negative value for Price offset. But Open at price also matters... the combination of both is the actual open price.
