buy on bottom sell on top

[mattis94]

hi at all

I have just a question...

how can I send two order at same time sell and buy, sell on top and buy on bottom?

for example, the currency is at 1000 I want one sell at 1005 and one buy at 995

it could be pending order too...

do you have any advise?

[fxDreema]

But what "bottom" and "top" means? I know some interesting meaning of "bottom", but...

[mattis94]

sorry perhaps I have not explained so well

I mean for example buy -5pips current price and sell +5pips current price at same time

[varso]

dont forget on spread value
Spread is distance between bid and ask price. ( buy and sell price)
But i think pending order is solution.

[fxDreema]

In Condition there are Adjust fields and there you can write something like +0.0005 or even +5pips. And yes, candles are made by Bid prices only. Buy trades are opened at Ask, so for them there is always some offset from the candles. If you care about that.

[keydcuk]

I have currently looked into a strategy that looks at tops an bottoms. I find the best way to do it is to use a 3 Level Semafor ZZ Indicator. Although as in manual trading, tops and bottoms only seem that way for the period you are looking at them. Also if you are going to use a 3 Level Semafor ZZ Indicator, I would advise you to play with looking at Tops and Bottoms from 1-5 candles back.