Grid orders

[haliloo]

Hi remember me? previously i asked about grids.

ok now i using the Buy Pending Order Grids....however the Buy pending order is placed above current price...and Sell pending order placed below current price.

how do i make Sell pending order placed on top and Buy pending order placed below?

[haliloo]

one more thing i am trying is, is there a block where i can set if price move up by XX pips then i shall buy/sell, if price drops by XX pips then i shall buy/sell.

perhaps it will compare the price from the moment EA runs, or at specific time it will start comparing XX pips movement.

[webstarsfx]

@haliloo you can use "New top in trend" and "New bottom in trend" find it in "Various Signals"

Overview

Using this block you can create signals when the price is reaching new top when it moved upwards with "x" pips for "y" candles.

You can also choose the trend quality. "Trend" here describes how these "y" candles loops like. The trend can be smooth or bouncy. When it looks straight and smooth - the trend is with higher quality, and when it looks more like range - the quality is low.

Best regards

[haliloo]

@webstarsfx

hi webstarsfx...thanks for sharing the info

was wondering whether u can help me on the attached excel which basically explains the strategy i am trying to create with fxdreema

hmm too bad cant attach excel file here.

I try explain what i trying achieve.

Market now at 1.0000, 0.01 lot sell
Market up to 1.0050, 0.01 lot sell (ie 50 pips grid size)
Market up to 1.0100, 0.01 lot sell
Market up to 1.0150, 0.01 lot sell
Market drops to 1.0100 no orders placed
BUT EA will now calculate profits of:
Oldest trade (entered at 1.0000) = -100 pips
with Newest trade (entered at 1.0150) = 50 pips
Net = -50 pips = no action

EA now calculate profits of:
Oldest (at 1.0000) = -100 pips
Newest (at 1.0150) = 50 pips
2nd newest (at 1.0100) = 0 pips
Net = -50 pips = no action

Now assume price drops to 1.0050
Again EA will do the above calculations
Oldest (at 1.0000) = -50 pips
Newest (at 1.0150) = 100 pips
Net = 50 pips = EA will closed both trades

If price retouch 1.0150 again, it enter 0.01 lot again
but price retouch 1.0000 EA will not reenter any 0.01 lot.

Let me know your thoughts. I am struggling to put this into fxdreema