continous trading

[chai88888]

hi there can you make a strategy based on this : if price is trending up, place a buy order for .1 lots (also place a Stop Loss at 29
pips and a Take Profit at 30 pips). At the same time place a Sell Stop order for .2 lots 30 pips below
with a 29 pip SL and 30 pip TP. If the first position hits SL and second order is triggered, place a Buy
Stop order 30 pips above your new order for .4 lots. Etc... Your order sizes will be .1/.2/.4/.8/1.6/etc...
If ever your stop loss is hit and the new order has not been triggered because price has reversed, place
this new order on the opposite side, where price is now headed towards (in this situation you will have
both a buy stop and sell stop order set up for the same lot size).

if the price hits the tp it will remove the order and make a new trade on the direction of the hit tp.

thanks

[Apprentice]

Your request is added to the development list.
Development reference 1109.

[Apprentice]

Try this version.
viewtopic.php?f=31&t=69719

[shaloiulabcde]

Hi,

can you please update this to stop multiple orders from being created at the same time. I've attached an example. It should not be creating 6 x Buy entry orders at the same price and order size.

Also can you include a setting to cap the order size at 8, so order size should be 1, 2, 4, 8 and back to 1. The lot size has gone as high as 256 before which is very bad for risk management.

Thanks

[Apprentice]

Your request is added to the development list.
Development reference 322.

[Apprentice]

continous_trading.lua

(87.14 KiB) Downloaded 175 times

Try this version.

[shaloiulabcde]

Hi

Can you please add a Trading Time settings to this?

Thanks

The attachment continous_trading.lua is no longer available

Try this version.

[Apprentice]

Your request is added to the development list.
Development reference 691.

[Apprentice]

continous_trading.lua

(90.45 KiB) Downloaded 150 times

Try this version.

[shaloiulabcde]

continous_trading.lua

Try this version.

Thanks for the prompt response.

The default 'Allow Trading' setting is set to 'No', can you change this to 'Yes' please so backtesting can work?

One more thing, I found it doesn't trade when the start and end time is changed from the default. It should be customisable and if possible have the option for a hard exit at the stop trade time.