Averaging take profit target like dollar cost averaging
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How can I make a DCA BOT EA,,,,something like this ,,,,when my first order TP not achieved ...But hitted a pending order,,,then my target profit price need to average down ......suppose my first entry was at the price of 100...and take profit was 101......a pending orders at 99.......when pending orders hit at 99,,,,then the average entry price will be 99.5,,,,,now take profit should also averaged down from 101 to 100.5 something,,, ,hope you understand ,,,,how to built that,,??
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@rezwan2513 There a a few ways to achieve this, on trade tab, trade opened (purple block)-> check number of running trades->set new tp.
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how about this option,,?? -
@rezwan2513 Can't see from a picture, add a shared link, generally blocks under buy/sell don't work correctly, put in a separate tree or above buy/sell.
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https://fxdreema.com/shared/YHAcfmb1c
see this,,,,how this setting will work,,??? -
@jstap https://fxdreema.com/shared/YHAcfmb1c
see this project,,,and tell me please,,,,how this project will work,?? -
@rezwan2513 you must first understand how EAs operate on basic level: on every new tick (price update) the whole flow will be executed from top to bottom.
This is how your EA should be built. Its not the easiest project to start learning fxdreema.
https://fxdreema.com/shared/m1wjyGpOb -
@roar https://fxdreema.com/shared/eZ6MLmgye
it is the simple pending grid order,,,,,now my question is ,,,,If all the pending order execute,,,then take profit target will be averaged down or ot,??