How to open trades with basic price action?
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Good day everyone. I am new to fxdreema and EAs in general and am really excited to learn this. I have traded successful strategies manually and want to automate them. Now, here is what I am really frustrated about. Why is it so difficult to create an EA that opens trades based on simple price action? I want a new trade to open every time price moves a pip. Price goes up another pip, open another buy trade. Price moves up yet another pip, open yet another buy trade. Visa versa for sell trades. I need this to happen on rounded pip numbers. How, do I do that? I can't seam to find an element that lets me do that. Thanks in advance. Looking forward to cracking this one.
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Please write full strategy what you want and when to open, how many pips and when too close each and every thing than may be i can send blocks to you.
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Yo will not be able to do that. Your broker will not allow you to open trade after trade so close to each other.
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@l-andorrà Then I can spread them out more, but the idea is still the same. Then every 5, or 10 pips, or what ever. Would be great if I can adjust and test.
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So let's rewrite it, please. You are creating an EA that will be opening a new trade every 5 pips. Correct? The first question is verey 5 pips from what? What price will be considered the baseline?