Hello, i'v been trying to understand all the ways that are possible to build a Recovery Zone bot, but i just dont get a lot of things in the builder.
so i figure you might help me.
i want my bot to buy (at whatever condition i want. MA>MA for example) without stoploss, and it will have a target of X pips above.
then, if the price goes down Y pips bellow the buy (open price level), then i want it to sell with the same X pips target without stoploss, and lot*2 from the first buy trade.
now, if the price hits the sell's target then the buy and sell trades need to be closed and deleted.
everytime that it executes a trade, then i want to make a pending order that is in the same price level of the last hadge trade with the lot amount of the last trade multiply by 2.
it means that the only the first buy trade and sell trades has (the same X pips) targets, and when the price touches one of the TPs, all the trades and pending orderes gets closed and deleted. and everytime there is a trade running, there's a hedge pending order at the exact price level of the first buy/sell hedge trades, and the lot number is the currently running trade's lot number but multiplies by 2.
example:
The 9 MA is above the 14 MA.
we make a buy trade at 100 with Z lots and there's a TP of X pips above it. then it makes a pending sell order Y pips below the first 100 buy open price with the same X pips TP bellow it with Z2 lots.
now, if the pending sell gets triggered, then we make a pending buy order at the price leve of the first 100 buy trade's open price with no SL and TP and with Z4 lots
and so on...
**but always when the price touches one of the only 2 TPs (of the first 2 trades), then all the trades and pending orderes gets closed and deleted.
i hope you can help me build this,
Thank you.