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    Clean system no indicators no pattens just place and go

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    • S
      Sibkis last edited by

      Hi guys I am trying to build an idea. no indicators no pattens etc just place and go.
      I just need a little help refining it

      Here is the idea
      Place a Buy and Sell pending orders 5 pips away from the median price

      Place the trailing stop at 5 pips from the orders so pretty much in the middle of the pending orders

      When an order has been activated cancel the opposite pending order
      e.g opens a buy position cancel the sell pending order and vice versa

      When position is closed out by the traling stop open another buy and sell pending order.

      This is what I have put together so far https://fxdreema.com/shared/qIJL739ke

      Current problems
      Not opening buy and sell pending orders at close
      Money Management is TBC

      Any help would be greatly appreciated

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      • U
        Uriel 0 @Sibkis last edited by

        @sibkis mmmmmmmmm why do you use block 3?

        On the "On trade" label, use these blocks ant then put your pending orders block

        0_1643505756654_2ae3999d-ba09-47bb-b4bb-799ae2d5cda6-image.png

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          Youngtreptrader last edited by

          delete blocks 3 8 and 7. and put a time filter and if no order filter

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          • S
            Sibkis @Uriel 0 last edited by Sibkis

            @uriel-0 I used block 3 because I am not sure how to place positions based around the current price and that is the solution I came up with, if you have a better idea I would love to hear.

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              Youngtreptrader @Sibkis last edited by

              @sibkis bro did you see my comment? also when you put the pending order thare are parameteres to a reference price. u have it set to ask. but u need to change it to mid

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                Youngtreptrader last edited by

                https://fxdreema.com/shared/BvwRyitjc

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                • S
                  Sibkis @Youngtreptrader last edited by

                  @youngtreptrader Hey bro thanks for your help, yep I rebuilt it and it's just the same as your example.! But It seemd tp be placing just the buy pending order
                  sorry I am no trader or coder but figured I would give this a go and learn the ropes as I have a bit of time at the moment.
                  ![alt text](0_1643527884342_85c7edda-8ac3-48ef-b3f0-3dc13e93d83f-image.png image url)
                  I have tried creating 2 columns as well as loads of other ideas but no luck.
                  I have been reading up about hedging systems as this is similar.

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                    Youngtreptrader last edited by

                    that looks likes its placing both

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                    • S
                      Sibkis last edited by

                      Hi Guys this is the progress so far, its opening positions 2 of each at a time so I end up with 4 stop orders 2 but and 2 sell, not sure how to fix that.
                      And once the tp or sl have been hit it stops trading.
                      How do I get it to place another set of orders.
                      https://fxdreema.com/shared/14rwBwKA

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                        Youngtreptrader @Youngtreptrader last edited by

                        @youngtreptrader try the check orders count block and add hat

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                        • S
                          Sibkis last edited by

                          Sorry what do you mean by add hat?

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