sell stop and buy stop ?

[nagdy]

hello
i want how do this , show me example

thank you

[fxDreema]

I don't understand the idea here

[nagdy]

why my idea open eyes us

[fxDreema]

Let's say that I don't understand your english. And my native language is not english by the way

[bk7]

@nagdy

if you want to do this you need to work with tick data or range bars, but be aware that you will run into huge slippage on live accounts if you are trading spikes...

[nagdy]

@fxDreema
when candle open , will move to up or down

ok

we write example the candle move to up

we put three line on the candle and my be more or put distance

line up 1

line up 2

line up 3

i want ---- if candle move up to line up 1 dont do any thing
when move up to line up 2 in this time i want create sell stop in line up 1 -- why ?

until if the candle down from line up 2 to line up 1 create order sell

ok

if candle continue to up and move to line up 3 , i want delete sell stop from line up 1 and create new sell stop in line up 2 ---- why ?

until if the candle down from line up 3 to line up 2 create order sell

and i want continue this program

you under stand me now

thank you

[nagdy]

@beatking

this great idea try create it

[bk7]

@nagdy

take a piece of plain paper and draw the candle combination you want to see for a buy order and the combination for a sell order

and define all lines by values

maybe i understand what you want to do

[fxDreema]

I have some feeling that you want to have moving pending order, something like trailing pending order. And there is a block for this - https://fxdreema.com/demo/mt4-trailing-pending-orders

[nagdyyy]

@fxDreema
how can if candle move to like sell stop and create sell , delete anther buy stop
thank you

[miro1360]

after sell stop place block delete pending orders (buy)

[nagdyyy]

@miro1360
show me example in this share

https://fxdreema.com/demo/mt4-trailing-pending-orders

thank you

[miro1360]

many ways how to do it ...
the easiest is way is using OCO mode: Yes in pending blocks:
https://fxdreema.com/shared/0gbtxAEqd

or other ways with OCO false +blocks in on Trade section:
notice, here I used "false output connections for possitive condition question" - some people dont like this way you can remake it for yourself ...
limits example:
https://fxdreema.com/shared/GDF9SbnId

stops example (with reduced blocks and negative condition question with true output):
https://fxdreema.com/shared/pVRJ6lNMc

dont forget, for last two examples are both section used - on Tick and on Trade:

fxDreema allows you many ways how you can solve your question, just try+test+try+test+...and never give up