Pending orders in grid block
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Is it true that the Buy pending orders in grid is a 1 shot block. It places the grid but does not maintain it.
And If I want to develop a grid that continuously fills the pending orders that toke profit again and again I would have to construct such myself?
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@lucivuur Yes, that is correct for both questions.
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any hints or directions of how to start such a structure?
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@lucivuur Well, it depends on the whole strategy. Can you please detail it in its full extension?
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So i want to create a grid trading strategy with a trend filter. For now with 3 trends:
Trend up: Mostly BUY limits (10 orders/trades 10 pips spread Buy 10 TP, N0-SP. 1 limit order/trade Sell )
Trend down: Mostly SELL Limits (10 orders/trades 10 pips spread SELL 10 TP No-SL. 1 limit order/trade Buy )
Ranging: even number Buy an Sell limit orders ( Like 5 10 pips spread 10 TP N0-SL )When trend up. We have a grid of 10 limit orders buy. Whenever a limit order is triggered it becomes a trade and after TP we need to fill that limit order again. meaning the grid is constantly full with limit orders and trades. We also have 1 Sell limit order/trade running all the time.
Now the trend might change from Trend up to ranging
So new rules Apply 5 Buy 5 Sell orders/trades
We now have an even number of limit order/trades BUY and Sell 10 pips apart.
All the trades and limit orders that are now out of range need to be deleted or closed. disregarding losses.After a while we might get into a Down Trend.
We have a grid of 10 limit orders Sell. Whenever a limit order is triggered it becomes a trade and after TP we need to fill that limit order again. meaning the grid is constantly full with limit orders and trades. We also have 1 Buy limit order/trade running all the time.
The trend is determent by a indicator.
So how to create the structure for such a grid system.Thanks in advanced
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@lucivuur said in Pending orders in grid block:
When trend up. We have a grid of 10 limit orders buy. Whenever a limit order is triggered it becomes a trade and after TP we need to fill that limit order again. meaning the grid is constantly full with limit orders and trades. We also have 1 Sell limit order/trade running all the time.
this part can be tricky since you can run out of margin...
the other thing is pretty easy once you have your decision on trending or ranging...
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can you give me an example
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@lucivuur
and example for what? -
An example of how such a structure is programmed in FxDreema.
That is that if you really want to help of course. -
look...
if i should make the whole ea for you, you would have to share all information needed for it.
if it is interesting for me i might jump in on the project, otherwise i just give an input (my thoughts etc...) -
@bk7 I understand that you are clearly here to do bussiness, Thats ok. But I'm here to learn from other FxDreema users.
So far You did not answer anything so if you please would be so kind not to pollute my tread.
Thank you.. -
@lucivuur
just to clarify your last post. I am not here to make business, i didn't charge anyone anything.
i just answered your question and you cant expect others to make your ea!
If you just share half the information you cant expect magic from others, maybe you are lucky...have a nice day!
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@lucivuur This is a complex structure to implement. Have you read all instructions pages on fxDreema? That would help. we can begin to create it but it is not a trivial project.
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I decided to learn the more complex things in little pieces and test them, untill I understand FxDreema more.
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@lucivuur An excellent idea! Don't hesitate to be back here if you need more help.
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i want to use buy pending orders in grid block for buy limit but when i use it pends buy stop .
can you help me? -
@abdolhosein positive grid value=buy stop , negative grid value=buy limit
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@ambrogio thanks
