why my simple grid EA has no limit orders

[waynehan]

Hi all

I am crating a simple grid EA, the conditions as follow:

1, total grid orders less than 20,
2, grid size 25.
3, at every grid level, create two orders at same time, one is buy and the other is sell,
4. I have done the project in the following link, but when I test it in a demo account, I found it create only stop buy, and stop sell orders, there is no limit orders .

what is wrong for my project??

thanks in advance for the help.

pls see the link https://fxdreema.com/forum/category/2/Working-with-fxDreema

Wayne

[l'andorrà]

@waynehan Your link is wrong.

[waynehan]

@l-andorrà 。 here its the right link https://fxdreema.com/shared/uwndjchbe

thanks so much.

[l'andorrà]

@waynehan Those blocks can only create stop oprders, not limit ones. You will need a whole block structure to open as many limit orders as stop ones. Are you sure this is what you want? You chart will be flooded with trades.

[waynehan]

@l-andorrà . what I want is to get a EA trading in the sideways market.

1. let us say ,the market sideways range is 400 pips, say eurgbp , middle line is at 0.9000, up grid line's price 0.9200. down grid level is 0.8800.

2. start from 0.9000, create grid level s every 50 pips . so there would be 4 grid on top of 0.9000, 4 grid below 0.9000.

3, I want open 2 orders at same level, one buy and one sell at same grid level.

4, if the price goes up, the orders would be :

 1>@0.9000 one buy and one sell , both with take profit at grid level of 50 pips. stop loss is fixed @ 0.9800 for buy order and 0.9200 for sell order.
  2> @ 0.9050 , one buy stop, ST is 0.9800, one sell limit ST 0.9200., both TP 50 PIPS, 
  3>, @0.9100, one buy stop order, ST 0.9800, one sell limit order ST 0.9200
   4 > @ 0.9150 , one buy stop order, ST 0.9800, one sell order ST 0.9200.

5, if the price goes down, the orders would be:

1> @8950, one sell stop order, ST 0.9200,TP 50 pips, that is @0.8900.  
                    one buy limit order ST 0.8800. TP 50 pips that is @ 0.9000

 2> @0.8900 one stop sell  ST 0.9200 TP 50 pips @0.8850. 
                        one buy limit order ST 0.8800 TP 50pips @0.8950.

 3> @ 0.8850 , one stop sell ST 0.9200 TP 50 pips @ 0.8800, 
                           one buy limit order ST 0.8800 TP 0.8900.

6. after price reached the top grid@ 0.9200 or lowest grid @ 0.8800, the whole EA would be terminated. then, I will do analysis again.

that is the idea I want create. but cannot do it.

once again, thanks so much, you are a great man, thank you

[l'andorrà]

@waynehan Ok. Now I see it. You need a launcher loop and then a trade manager loop. I'm afraid that goes beyond my ability rght now. I suggest you could ask roar. He's by far the exopert to look for such a case.

[waynehan]

@l-andorrà . HOW CAN DIRECTLY ASK FOR HELP FROM ROAR? THANKS AGAIN

[l'andorrà]

@waynehan IMHO just open a new thread asking for his help in the title and telling something like 'L'andorrà told me you can help me, please'.

[waynehan]

@l-andorrà . GOT YOU. BIG THANKS