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    Martingale trade immediately when stop loss hit, not at next open condition

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    • M
      MaximumP last edited by MaximumP

      Hello

      I'd like to open a martingale position not when the next open condition is met, but immediately when the original position is closed at stop loss. I've tried with a loop checking the last closed position to confirm it;s stop loss (see below link) but this doesn't work correctly. Can anyone help with this?

      https://fxdreema.com/shared/AHINlPrN

      FYI the strategy is to have pending opposite positions above and below the last candle with stop loss at the opposite position's price. Basket close at x pips. The martingale would only be used if stop loss triggered.

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      • X
        Xfire last edited by

        hi.
        you should choose the martingale form menu and fill in loss properties

        IN GOD WE TRUST

        l'andorrà M 2 Replies Last reply Reply Quote 0
        • l'andorrà
          l'andorrà @Xfire last edited by

          @xfire Will the stop loss be modified at any moment before the trade is closed? I see no breakeven conditions are used.

          (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

          (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

          (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

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          • M
            MaximumP @Xfire last edited by

            @xfire I believe the martingale function in menu only opens the martingale trade at the next open condition. I need it to open as soon as the previous trade is closes at stop loss.

            X l'andorrà 2 Replies Last reply Reply Quote 0
            • M
              MaximumP @l'andorrà last edited by

              @l-andorrà The stop loss remains fixed, with no breakeven.

              I will be running this on multiple pairs with a separate basket close EA on another chart (so a losing trade with be offset by winning ones).

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              • X
                Xfire @MaximumP last edited by

                @maximump
                I think your blocks are logical for the condition. just you want to follow martingale lot size.
                i don't know want is the "condition" block? what does mean 0.01 lot? if you open the first position with martingale you can follow that
                try this

                0_1617022835283_Screenshot 2021-03-29 235952.png

                IN GOD WE TRUST

                M 1 Reply Last reply Reply Quote 0
                • l'andorrà
                  l'andorrà @MaximumP last edited by

                  @maximump Xfire is right. Your logic is correct. That should work. Is that the whole project?

                  (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

                  (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

                  (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

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                  • M
                    MaximumP @Xfire last edited by

                    @xfire Your suggestion uses martingale but only when the "once per bar" condition is met. I need it to open a martingale position as soon as the previous trade is closed at stop loss, and not at the next bar.

                    So, a buy trade hits stoploss and a sell trade is opened immediately.

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