Hedge (that works:) Help!? How do I change TP/SL levels of open positions when pending orders trigger?
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Hey Everyone, I have a hedging system that works instead of using a stoploss. I have posted before but this is a more specific question: How do I keep a count of each trade that is open so that I can change either a SL or TP of ANY of those trades when some condition is met?
https://fxdreema.com/shared/TzrhcA2Ab
Here is the 1st step of the system I use. For the moment, this is how I use it: I activate the EA, place a trade with typically a 2:1 RR and this EA creates a pending order that triggers at the original SL of my open position. The EA also MOVES the SL (open position) to the TP level of the pending order.
I can't figure out from here how to move the TP level of the opening trade IF the 1st pending order (hedge 1) triggers.
I trade using this system EVERYDAY and it allows me to break even or have VERY small losses instead of stopping out. I really need help and would be very happy to walk someone through all aspects of the system if someone could help me with coding in FXDREEMA.
Thanks!!!
Andrew -
@aspecpower On tick tab>pink for each trade>modify stops, this could also be under a purple trade created block on on trade.