How to make Buy / Sell Now block work on certain price level?
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Hi everyone! I'm tweaking some part of my EA and I'm working with predetermining a certain price level to execute the Buy Now / Sell Now block. The thing is, I use the once a day block to ensure that my EA don't overtrade on any given day and I wanted to use the candle close on 2:00 server time as my anchor price so that when price moves a certain pips away from the closing price on 2:00, my EA will start to execute the Buy Now / Sell Now block.
Reason as to why I prefer to use Buy Now / Sell Now block is due to some instances where price didn't trigger one of my pending order using a pending order block and I end up losing way more than what I allow.
Thank you in advance!
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use block no trade + once a day block + once per bar + buy now / sell now
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@CAVINCENT Hi thanks for your suggestion! I would like to add that since I am using the closing price of the candle at 2:00 server time as my anchor, the desired pips away from closing price is let's say 500 units / pips before I want my EA to execute the buy / sell now block. This is where it gets tricky, at least for me as I tried to add buy / sell now block and execute it at a certain distance from my initial position.
The reason why I use the closing price on 2:00 server time is because I already have a position there and I would just want to add another position after the market moved away with a certain distance.
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then make another section. use if trade + once a day block + once per bar + buy / sell pending order. adjust the distance from there
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@CAVINCENT Hi there! I got busy with other stuff I wasn't able to reply right away. I discovered a way to make it work. I utilized the on Trade tab and set the conditions and executions there. Thanks by the way
