So I have an entry setup, I enter manually and I place my stop and my take profit levels...
Then I wait for hours or days while price trades back and forth before it eventually hits my stop or my take profit level.
Now I am wondering if I can capitalize on all this movement.
Is there a strategy for long or short bias, which will grid trade starting from my entry point, to my stop, and also going to my target, where I am always taking profit and entering again at a better price with partial lots?
It would need to be very customizable to determine the grid, the lot sizes, possibly multiple entries and thus multiple grid programs running on the same pair. Of course all of this would be one direction only, depending on bias.
It should handle limit entries for the main entry, the stop and final take profit level is when the program is cancelled. but until one of those 2 hits, it constantly grid trading in one direction this pair. Always getting a better price. Ok...
Any comments, suggestions? I am not a programmer, but maybe someone has done this, partly, or would like to do it, I would be happy to assist.