Using the last pending order for a new pending order.

[William 1]

Hello dreemas

I was wondering if its possible to tigger a new pending base on the last pending order?

for example. the current price is 1.0998 and you placing a pending order at 1.1098. but it went to 1.0898 so you delete the pending order.

After a while I want the a pending order trigger at 1.1098 and buy at 1.1148

And if its possible. what should you advice do i do?

[William 1]

I guess there is no anser to my question

[l'andorrà]

What do you exactly mean by 'after a while'?

[William 1]

@l-andorrà the idea is when the ma 100 is above 50 ma the condition will be activate.

the distance between the current price need +400 pips. After it reach. it need to be bounce back to the price level as (the current price before) -400.

i have struggle with the distance between the current price and +400

can you help me

[jacque82]

The current price you're referring to, is it an active position, or a pending?

[ykmark]

@jacque82 Thanks appreciate that

[William 1]

@jacque82 its pending. Do you suggest with 2 pending order or first condition then pending order

[William 1]

for some reason it doesnt work : https://fxdreema.com/shared/MUveQ3nqb

[l'andorrà]

You need to change the value of the flag as soon as the sell trade is open. Otherwise there will be more sells after the crossing.

[William 1]

@l-andorrà its more about the price level. Between the current price and future must be +400 pips. After that a pending order wil be make.

The only thing that i dont understand hiw to make is between the current price and the future must be 400 pips.

[l'andorrà]

@William-1 In that case you need to use a structure like this on the 'on trade' tab.

That way as soon as a buy is open now a new buy will be immediately programmed 400 pips away from it.

[William 1]

Is it also possible to base on pending orders.
For example: if the price is 1.0000. The pending order will be make at +400 pips (offset). So I will buy at 1.0400.
But the price goes down. So the pending order will be close.
When its close i like to use the previews pending order price to make a new one. Selling pending.
The previews one is 1.0400. When it reach that price it will trigger a selling pending order. Also 400 pips offse

Its kinda risky if i buy or sell now. By putting a order.

Its basically a reversal trend testing before executing.

[l'andorrà]

I'm not sure about your question. Isn't it doing what you requested?

[William 1]

Its about pending order. Its doenst buy or sell right away. It need to test the price first.

But let me ask you this. How can I make a new pending order basis on the previous order that is close.

For example if the first order is close at 1.0000. I like to start the next pending order at 1.0000. Is dat possible.

[l'andorrà]

Well that depends on what 'first order' means How many orders will there be between the 'first' one and the one you want? 1, 5, 10 or 100?

[William 1]

@l-andorrà Perhapse two pending orders is much to risky and to complex. I'll replace the first pending with check distance. I think thats makes more sence
Project: https://fxdreema.com/shared/gyHE9cBMc

I like to have this as followed:

1. when the MA 50 (cyan) crossing above MA 20 (red) its will triggers.
2. from that point the check distance will be triggered.
3. if the distance price from point 2 to point 3 is +20 pips the pending order will make a open price on 20
4. at this point its sell when its meet the price

Problem now is it wont trade for some reason. is it the check distance? i have tried to but the market propeties on the top and on the bottom its still doesnt work. cant figure it out pls help.

[jacque82]

@William-1 I believe from the image above, it's the "cross" problem, the cross didn't happen on the candle (not on the vertical lines) ... the cross width perhaps is 2, not 1.

[William 1]

@jacque82 i think you are right i have draw it wrong. But the principle is still the same. Cross over en then check distance. I have tried disconnected the pending order and check distance to test the MA cross over with sell now. Its works. But i have doubt about check distance block. Could you check my project link if its correct. Its above your previous msg. Thx

[jacque82]

@William-1 William, if I may, and mind you I'm no expert, your shared project has a couple of missing elements...

1. when the MA 50 (cyan) crossing above MA 20 (red) its will triggers. (you have this)
2. from that point the check distance will be triggered. (you might have to store 2's value somewhere so that when it checks distance, it can be used to reference to 2's position/point/price)
3. if the distance price from point 2 to point 3 is +20 pips the pending order will make a open price on 20 (you'll also need to pinpoint which candle is your candle 3 to your EA. You have it identified in your picture but from the shared project, I don't see where you have 3's value compared against 2)
4. at this point its sell when its meet the price

I might be wrong...

[William 1]

@jacque82 i was hoping to trigger the check distance with the ma cross over.

And pending order trigger with check distance

How should i trigger them