Reverse positions for once
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Hi everyone
In this expert, I intend to reverse the same position only once after the position is closed with a loss
If the result is profit or loss, don't continue doing this and wait for the strategy to enter the next position
How can I do this? -
I'm afraid I don't fully understand the logic you need. So if a trade is closed with a loss, a trade in the opposite direction should be immediately open. Is that correct? I don't get the part where a profit or loss is then considered.
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@l-andorrà Hi, thanks for your time
I mean
If the position loses, immediately reverse the position only once and do not continue until the strategy itself enters the position
Now, after the position has been loss, it will get sales and buy one after anotherFor example, the strategy entered a sell position, this position is closed with a loss, now this position immediately becomes a buy
After this, the reverse block will be disabled so that the strategy itself will give an entry signal again -
But what if the strategy gives a new entry signal and it is a loss. Should there be a new reverse trade? I don't see the logic behind that.
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@l-andorrà The purpose of this work is to test because as you said, this idea has no special logic
The entry points of the strategy are in such a way that, in most cases, when the loss limit is reached, if the choice is reversed, the loss of the previous trade is compensated by entering the trade in the opposite direction.I just want to test if this is useful or if it increases the number of losses.
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Ok. Can you please then detail a numeric example of how to execute a trade sequence? That would definitely help.
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@l-andorrà This is how to execute a trade sequence:
The Strategy entered a Buy trade, It is closed at a loss.
The strategy may give another entry signal many hours later, but I want to reverse the position that closes at stop loss (open at the stop loss point) only one time, after the reverse operation, the robot should stay till the strategy give its next signal