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    How can I rest parent trade please?

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    • khalids222
      khalids222 last edited by

      The idea will open a random buy and sell deal, and then a point will be added when the trend achieves 15 points.
      The idea will open a random buy and sell deal, and then a point will be added when the trend achieves 15 points and when the sons' deals reach 45 from the father's deal, the opening of deals that reached 45 points will be stopped.
      The problem here is when the SELL reaches 45 points and the BUY is 45 points, the work will stop completely .

      Here I want when the SELL reaches 45 points from the father and then the price goes up for the second deal of SELL that has opened. I want to rest 45 points again for purchase only, or is there a specific proposal
      Example
      father buy=1730
      father sell =1735

      add buy volume =1745
      add sell volume = 1720
      add buy volume= 1760
      add sell volume = 1705

      This is in this expert advisor
      https://fxdreema.com/shared/nedyd1IMb
      After these operations, the expert advisor will stop opening trades .
      I want when buying and selling arrives 45 pips
      rest buy if price In the middle of short positions & rest sell if price in the middle of long positions .
      Finally - I noticed that the trades were profitable and did not close at 15 pips, and I do not know the reason

      S 1 Reply Last reply Reply Quote 0
      • S
        seb 0 @khalids222 last edited by seb 0

        @khalids222
        I am a bit lazy helping you building this strategy, even it is not so complicated.
        However I can give you my advice : I don't think strategies only based on distance between one candle and another are worth it. Because,

        • no trend is supposed to last especially on the forex, in a way that if candle 0 > candle 1 the probability that the next candle is also above is close to 50%. 2 bull candles on H1 is an up trend on M5.
        • And the probability of the price to reach a point is inversely proportionate to the distance between it and the start point, in a way that the probability of the price to go from 1.1500 to 1.1520 is 2 times lower than the probability to go from 1.500 to 1.510.

        So the only utility(or one of the utilities) of fixing different levels of stops is to avoid the unluckiness of loosing an entire trade because of 1 pips, by spreading the targets into 2 or 3 stops to decrease the risk.
        I would so add other indicators, more information to take in count in the strategy.

        khalids222 1 Reply Last reply Reply Quote 1
        • khalids222
          khalids222 @seb 0 last edited by

          @seb-0 Thank you. Your opinion is appreciated to me, and I am also pleased
          I understand you well, but that is not all about this strategy, it is part of it.
          I designed everything and it works perfectly, but my only problem is when REST 45 PIPS

          1 Reply Last reply Reply Quote 0
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