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    Need a little kickstart please - Adding to position

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    • R
      rfopro last edited by

      Hi,

      Having read the guidance notes I now have a (very) basic understanding of the platform but am really struggling to use it to codify my strategies. The one I would like to test first looks like this:

      1. Enter trade
      2. SL at low of previous bar (consider this x pips)
      3. As the trade moves in my favour at 'x pips' intervals:
        a. Add another position of the same size
        b. Move the combined SL to x pips
      4. Then keep on going, position size increasing and SL moving at constant intervals (x pips), until the SL is hit and everything closes.

      I can just about handle step 1 in the platform, steps 2 to 4 I'm struggling with; Variables? Grids? Actual magic? Who knows...

      Any guidance greatly appreciated!

      Thanks
      R

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      • roar
        roar last edited by

        https://fxdreema.com/shared/8P5oLlthe

        Here is a simple example of that kind of pyramiding system

        Need small help? Tag me in your post
        Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

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