2nd entry for trade
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Good morning. In my project, I have it set up that if my trade goes 20 pips in my stop loss direction, it looks for a second instance to enter a trade. The problem that I am having is that when the second trade opens, it opens at the original entry point instead of the modified entry after 20 pips towards stop loss. I need to know how I can get it to enter at the 20 pip loss point from the original entry point. Thank you in advance for any help.
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@dgoodwin418 Not sure but you need to fix this first, use the pips away block, above light pink need a dark pink for each block.
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@jstap thank you for your response. I was trying some different things yesterday and found a structure that does what I want it to do on the first trade. My updated link is below. The problem that I'm having now (I think) is with understanding the proper way to reset the counters. After the first time, it basically just doubles every trade.
https://fxdreema.com/shared/0YvNuWqH -
@dgoodwin418 Dark pink only works properly with light pink, to have a single trade use a no trade block, you could also change status to something so you know what tree places the trade.
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@jstap I understand what you're explaining but it doesn't make sense in the context of my question. The EA does what I want it to do on the first trade so the dark pink only working with light pink doesn't explain why it does what I want it to do the first time but won't repeat it. Also, I don't want a no trade block because my second area of conditions is dependent on a trade being open from my first area of conditions. That's why the second area has the if trade block and the first one has trade count <1.