Hello I need help creating an HFT grid hedge bot.
It's for EURUSD. I want the grid to be every one pip.
Like for example: 0.0980, 0.0981, 0.0982, and so on...
Every time the price touches a grid line it opens a buy and a sell order.
Both with a 1:3 risk reward ratio.
So stop loss 1 pip and take profit 3 pips.
One buy and one sell trade position opened per grid line at one time.
(For example if price hovers around one level up and down multiple times, only one buy and one sell trade will be opened for that grid line level.)
So every time the price moves up or down and touches a level one buy and one sell trade will be activated.
I am trying to study to figure this out. I need help. I'm new here. Thank you.