Need help in setting pending orders
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Hello traders,
I want to make an EA after this simple rule :
1: Initially, I open a trade ( buy/sell - it doesn't matter )
2: I set a pending sell order and a pending buy order from the initial buy.
3: After the pending order is activated ( buy or sell ), I want to do the following : Cancel the other pending order AND activate 2 new pending orders anchored from the new position
Can anyone help me with an advice on how to manage point No.3 ?
Thank you ! -
@styleflesh In HERE is a few options, the bottom is how to achieve this, check all tabs and the group use in each block.
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@jstap Thank you for your answer but I am afraid that I'm doing something wrong. In only places the initial buy stop and sell stop, one of them activates when the price moves 20 pips ( which is correct ) but after that there are no new pending orders for the new opened position.
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@styleflesh Look in the on trade tab at top.
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@jstap Would you be so kind to show me the exact steps ? I copied the ones from your example and I can't make it to work as intended.
Thank you ! -
@styleflesh Put it in to a project and share the link, what I put will work just need to set each block conditions. I will then see what you have done and see what's wrong.
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Dear @jstap, please check bellow. I canceled stop loos/take profit because i want to test that the EA opens trades non-stop when condition is met ( moving 20 pips )
https://fxdreema.com/shared/YvujqQTHd -
@styleflesh https://fxdreema.com/shared/61Y87kYWd, This works now, just need to decide what you're doing with the SL's.
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Dear @jstap . First of all, thank you for your help, I really appreciate it.
I tried the project and strange enough it behaves different on different runs( I think this is because of the random outputs option). I will try to make it more simple, here are the steps:
1: We place a buy.
2: place buy/sell if 20 pips up/down ( not necessary with buy order or sell order ) -> if we open the buy then we cancel the sell order and then we repeat this step, place buy/sell if 20 pips up/down ( from the last position opened ) . We will always place buy/sell if price moves 20 pips from the last opened positionBassically, from the starting point, place buy/sell if 20 pips up/down, then from the latest opened position, do the same ( and cancel the previous orders - we have active only 2 pending orders for the last opened position )
I'm sorry, I don't know how to explain it better, english is not my first language
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@jstap Please see bellow image. This is what the EA must do. Thank you !
https://imgur.com/2eSb1En -
@styleflesh If you want to always place a buy on first order delete random and the sell side of the 1st tree, also this will always place from the bid/ask reference, maybe use the MID price.
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Dear @jstap ,
I deleted the random option and replaced with a buy that has 2 pending orders attached, please see bellow.
The EA opens a buy and it close it almost instant ( I don't know why
https://fxdreema.com/shared/uJ1LnhHud
Thank you, -
@styleflesh Try this, you had the group number in symbol.
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Dear @jstap. With this change something changed for the better but still is not working as intended.
Still the trades are closed by something and I don't know what it is. Also, there are no new positions open ( If the price moves 100 pips in one directions, there should be 5 open trades, at 20 pips interval) . Can you please advise ?
Thank you, -
@styleflesh There is no blocks to close an order, just delete pending, as is this will only place an order if group 2 trade is created, it will only place a buy if no trades are open, you need to decide the logic that causes more trades to open, maybe place pending every time a trade opens and not in grid.
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Dear @jstap . I change what you suggested, now The EA only opens first 3 buys, then it does nothing. :
https://fxdreema.com/shared/pq1YcUSDb
Thank you, -
@styleflesh
Connect these directly to the no trade block.
You have no group in the trade created block that allows pending's to be placed upon the new pending becoming a trade.
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Dear @jstap , thank you for your answer. I did what you suggested in the first statement ( i have connected all blocks to no trade block ) but at the second statement I'm not sure what you mean. What should I modify ?
Thank you, -
@styleflesh Add a group number to the buy/sell blocks, add this number to the trade created blocks, this way when a pending becomes a trade it will place a new pending.
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Dear @jstap . I have group number 2 entered on every block that has that option. Do I have to create something new apart from what is in the project ?
https://fxdreema.com/shared/msCqPYZnb
Thank you,
