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    Opposite direction trade with specific entry

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    • K
      kanou last edited by kanou

      Hey all.
      Did few very basic EA's , but struggle with one thing which looks too advance for me and don't really know how to solve it.Please advice me.

      Want to open 1 trade LONG/SHORT with SL based on previous candle low/top and TP 4:1 (400% of SL)
      When Bullish candle - BUY with SL on candle low
      When Bearish candle - SELL with SL on candle high
      this part is easy however I struggle at this point

      Want to open second trade which is going to be pending order in opposite direction than first trade (don't want to close first trade)
      ENTRY at place where is 2:1 of first trade
      with SL at place where is TP of first trade
      TP for this trade also will be 4:1 (400% of SL)

      Due to the fact SL and TP of first trade is set up by % ,would be nice to avoid other measurements like pips.

      I'm at this point
      https://fxdreema.com/shared/HCWEgSdbb

      I have a feeling that "pips away from take profit" or "trailing" might be solution,however don't really know how they works.

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

        Is the pending order supposed to be programmed at the exact same time the first trade is executed?

        (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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        • K
          kanou last edited by

          Yes , both trades open at the same time

          1 Reply Last reply Reply Quote 0
          • K
            kanou last edited by

            Heh no one ? Is it that complex ?

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

              Just connect the 'buy pending order' immediately below your 'sell now'' block and the opposite below the 'buy now' one.

              (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.

              1 Reply Last reply Reply Quote 0
              • K
                kanou last edited by kanou

                I've worked on it and it looks like it's almost done.
                What is completed in 2nd stage: I added pending orders , SL of second trade is at place where is TP of first trade (works correctly) . TP is calculated correctly (4:1) .
                Just one thing is not working properly...ENTRY point of second trade.
                In the tab for pending orders > "open at price price" - data to adjust Entry is taken correctly from TP of previous trade, however it can only be set by pips (PRICE OFFSET) , so the question now is how to adjust it in % value,or maybe there is other way to figured it out

                https://fxdreema.com/shared/QR0C8fURc

                heh "l'andorrà " looks like You place the comment when I was writing mine 😉

                1 Reply Last reply Reply Quote 0
                • K
                  kanou last edited by

                  I was wondering if "pips away from SL" might works here. When set up 200% from SL it would be my level of entry,but don't know how to take the value from that block and paste it into "open at price" tab.
                  Something like this
                  https://fxdreema.com/shared/liId9QWTd

                  1 Reply Last reply Reply Quote 0
                  • K
                    kanou last edited by

                    or maybe something like this needs to be modified
                    https://fxdreema.com/shared/X93K2tjJ

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

                      Which one of the last three projects is the latest one?

                      (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.

                      1 Reply Last reply Reply Quote 0
                      • K
                        kanou last edited by

                        I have find out how to calculate ENTRY of second trade. The problem now is , EA wrongly calculate lot size. It calculate as it is <0 value

                        fxdreema.png

                        This is the set up

                        fxdreema2.png

                        and this is SELL PENDING ORDER
                        fxdreema3.png

                        1 Reply Last reply Reply Quote 0
                        • roar
                          roar last edited by

                          The low of latest candle may be above or below your entry price. So you will end up with a negative (impossible) SL and lot size.

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                          • G
                            greg.pe last edited by greg.pe

                            I don't think that's the case. Trade is open when previous candle was bullish,which is obvious that close of that candle must be above low of the candle, otherwise it will be bearish candle.
                            Trade is open at specific time let's say 15:00 , when cadle ID is "1" takes data from candle printed at 14:45-15:00 . The fact my trade is open at 15:00 close price of previous candle is my open price and the fact is bullish candle it must be above the low. So how it's possible to be negative then ?

                            2nd acc. reply

                            1 Reply Last reply Reply Quote 0
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