tag:blogger.com,1999:blog-7387461130653598754.post8306779171071405644..comments2024-01-24T00:58:37.931-08:00Comments on FOREX by CrazyTrader: Hedging StrategyCrazyTraderhttp://www.blogger.com/profile/01749607187641833342noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7387461130653598754.post-80871407579158266442014-08-08T08:45:55.363-07:002014-08-08T08:45:55.363-07:00Can You please code this strategy as an EA please ...Can You please code this strategy as an EA please ?<br /><br />> EA will open 15 BUY STOP orders & 15 SELL STOP orders. ( number of orders changeable )<br /> keeping distance 10 Pips from the market price/or given price ( changeable )<br /> take profit 10 pips & stop loss 15 pips ( changeable) instant.<br /><br /> Now, if price triggers BUY STOP & hit take profit, as soon as this Order closed <br /> <br />1> EA will Add a New SELL STOP just above those older Sell Stop orders maintaining the same<br /> distance 10 pips. <br /><br />2> At the same time it will remove a Sell Stop Order from the bottom of those <br /> older Sell Stops.<br /> <br />3> EA will add a New BUY STOP order just above those older Buy Stops keeping<br /> the same distance 10 pips.<br /> <br />4> As long as market will go to the same direction and hit take profit, EA will <br /> keep continue the rules. {( all these 4 things must happen in a second ( no delay)}<br /><br />> If price triggers SELL STOP first, then opposite rules will be applied ( I hope it's easy for you to understand ) <br /> <br /> So, always pending orders distance will be 10 + 10 = 20 pips from the market price <br /><br />>>> Now, if price comes back & hit stop loss then EA will add a BUY STOP Just bellow the previous buy stop order<br /> maintaining the same distance 10 pips.<br /> <br />>>> And just opposite rules will be applied if price comes back after hitting a Sell Stop & hit stop loss.<br /> <br /> *Number of Pending orders always will be 15 + 15 = 30 (or 29 , coz one will be opened order)<br /><br /> *please code it for 5 digit mt4<br />If I did any mistake (wrong) in description please pardon me and kindly fix it. Hope to get Quick Help.<br /><br />Lot Of THANKS in ADVANCEAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7387461130653598754.post-58764573607235028842014-07-05T04:51:54.852-07:002014-07-05T04:51:54.852-07:00No, the Experimental live account has blown. I nee...No, the Experimental live account has blown. I need to implement more restrictive rules to fix the strategy.<br /><br />It will be restarted soon.<br /><br />CheersCrazyTraderhttps://www.blogger.com/profile/01749607187641833342noreply@blogger.comtag:blogger.com,1999:blog-7387461130653598754.post-8855711882291153172014-03-30T12:04:39.281-07:002014-03-30T12:04:39.281-07:00Can we invest? Can we invest? Anonymoushttps://www.blogger.com/profile/06899466398751932475noreply@blogger.com