Open New Trade every X Pips from last open trade

[Darekl]

Hi Guys,

I'm trying to open new trades at X specified distance from last trade that opened when it is going against me. I have a calculation set that will calculate a new lot size for each consecutive trade. However, I'm having a hard time figuring out how to calculate the specific pip distance between the last trade that was opened.

I tried using the "Pips away from open-price" block but that one only calculates the difference from the parent trade and the next open trade. I'm stuck after that if I want to continue to open trades at the set distance.

Here is a link to a sample project showing what I'm struggling with: https://fxdreema.com/shared/YygxJm1kc

Thanks for all your help.

[jstap]

@darekl Hi, remove the blue blocks in the middle of the tree and place something like a flag underneath, you can see what I mean in this link. link text

[q8carpenter]

@darekl Hello,

First of all, add once per trade to not have it open many trades at that distance. Second, for the trades against you, the distance should be negative.

[Darekl]

@jstap @q8carpenter

Thanks guys! Figured it out with your help. Greatly appreciate the feedback.