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    Two questions about modify and open position

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    • C
      casebefx last edited by

      Hi

      First question:

      I open my position Group 1. I set TP.

      Then open position Group 2. I set TP.

      Now I want to modify the TP for Group 1 and Group 2 to level of opening Group 1
      or
      to level opening Group 1 plus / minus 5 pips (for example).

      How to do it?

      Another question.

      I have open positions Group 1 (positions first, second ... etc).
      Now I would like to open another position at a distance ( (for example) 10 pips since the last open position (for example, from the second position) of Group 1 That the third position is to be open 10 pips from the last open.

      What block to define the open position - the last position.

      Radek

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      • fxDreema
        fxDreema last edited by

        The word "position" is mostly used for MT5, in MT4 those are not really positions. What position is - this is when you mix all trades into only 1 for the given market (symbol). A position is always 1 per symbol.

        if this can help: http://fxdreema.com/shared/VYGzSz5ee

        But be sure that you understand how these pink blocks work, because many people find them confusing, I think they are not too complex and they are much flexible. So read the description of "For each Trade". This EA works even without block 3, but I always recommend this block to be there.

        I think it's better to use pending orders. And those groups... use them in case you have strategy with limited number of groups of trades, when each of these groups is designed to do different things, different logic, like if you have multiple EAs at the same time. If each trade has to follow the same logic as the previous one, then don't use groups, then command each trade the same way as the previous... similar to what I have on the right side where blocks 5, 6 and 7 are.

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