Opposite and conditional position

[arash20]

If a 10 pip position loses, another position is activated

[l'andorrà]

And the question is?

[arash20]

Yes
I intend to do this

[arash20]

I plan to use a hedge
For example, open a long position
If, for example, 20 pips are closed in profit
and reset

[arash20]

If, for example, 10 pips were lost,
Open a short position with twice the volume.

[arash20]

If this position closes 20 pips in profit
And if 10 pips are lost,

[arash20]

Open a long position with twice the previous volume
This cycle continues until
For example, reach $200 profit
At this time, all positions should be closed and reset

[arash20]

In what order should we say?
When will the "TP" position be reset?

Thank you for helping me

[l'andorrà]

You will definitely need variables to do that. Are you familiar with using variables?

[arash20]

Hello
Good day
I went this far but I still didn't get the result

shared/PHvZTLaG

[l'andorrà]

The problem is that you need a variable to define lot size. In your example you're using fixed lot size volume. You'll have to create two variables, one for buys and another one for sells. Calculations will update the value of the variable as new trades are open. Have you created something like that?

[arash20]

Hello
thank you
I did not understand what you are saying
Please may you give further guidance

[arash20]

Hello
I could not work with variables
But with blocks, I reached an almost profitable strategy
Please see if this method can be done with variables
And how to exit when the trades reach a certain amount of profit and loss

shared/d7W7TjiAb

[l'andorrà]

@arash20 You can close all open trades when 120 pips are in profit right now:

[arash20]

Thankful
And what should I do to close each trade when they reach a certain amount of loss?

[arash20]

In your opinion, I have followed the path well??

[l'andorrà]

@arash20 You can use the same structure but using a negative number like -120 pips, for example.