I have a Big Problem to create this Automated Trade Managment , How to make it ??
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Hello !
I appreciate what you give from your times to help people to solve their project Problems,
That's what encouraged me to ask you for help for an automated Trade Management that for weeks i'm looking on how to make it real with no conding knowloge, i'm Trying to learn.let i explain the auto Trade Managment Process:
this how it look the settings of the EA when i attached in the chart
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TakeProfit Z
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StopLoss Y
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Lotsize P1
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Multiplier1 n
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Multiplier2 n'
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Tralling Stop K // K is Pips offset from Open price which the Trailing will start if i active this,
I use Traling when it needed i can configure it setting (Trailling step, Pips ...)
This exemple explain the Process:
I Manually Place Trade1 BuyStop @ Price X order
// it could be Limit orders ,Stop orders or Market orders Manually Placed or opened
If ( T1 BuyStop executed @ price X )Trade attributes : Take Profit @ Z
StopLoss @ Y
LotSize : P1Then ( Place T2 Sell Stop order @ Y )
Trade attributes : Take Profit @ Z' = Z
StopLoss @ X
LotSize : P2 = P1 * n// What happen after a trade is executed is that a sequence of Trades will start
// The Open Price and The StopLoss of Trade1 became Levels To place Buystops and Sellstops orders sequence with different Lotsizes depend on n and n'
// Only the LotSize of the First Stop Trade of the sequence will be Multiplied By n the other Stop orders will be by the same n'
// Previous Trade lotsize * n' for each Orders will be placed
If T2 executed
Then (Place T3 Buy stop order @ X )
Trade attributes : Take Profit @ Z
StopLoss @ Y
LotSize : P3 = P2 * n'If T3 executed
Then (Place T4 Sell Stop orders @ Y )
Trade attributes : Take Profit @ Z'
StopLoss @ X
LotSize : P4 = P2 * n'// Sequence work until Z or Z' executed and close pending order
I guess you got it.
Thank you for your attention
Hope somone could make it real , i will be so grateful. -
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this needs more time and testing ..... what you tried so far?
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@miro1360 i can't found the Right mechanism