Hello everyone,
I'm looking for a EA that can open positions like this:
Lets say there is a downtrend.
From this moment I trigger the EA to open a new position on every 10 pips movement during the downtrend. Also I use a trailing stop of 10 pips, spread included.
So, I sell 0.1 lot for each position
I have 1 position opened with 0.1 lot
the market go + 10 pips down - trigger a new position with 0.1 lot
another + 10 pips down - trigger a new position with same lot
another +10 pips down - trigger a new one
--total until now - 4 position opened, 30 pips profit.
the market start to go a little up, lets say 10 pips before go down again
now we have same 4 position opened, but because tha market go 10 pips up and I use also a trailing stop of 10 pips, I will have:
1st position in profit with 20 pips with stoploss in +10 BE
2nd position in profit with 10 pips with stoploss in BE
3th position closed because price touch BE
4th position in loss with -10 pips.
market start to cooperate and drop again during downtrend.
the EA will open a new position only when the 4th position go from -10 to +10 and start to open new positions like before.
Sory for bad english.
Someone know such a EA?
I'm looking for a EA that can open positions like this:
Lets say there is a downtrend.
From this moment I trigger the EA to open a new position on every 10 pips movement during the downtrend. Also I use a trailing stop of 10 pips, spread included.
So, I sell 0.1 lot for each position
I have 1 position opened with 0.1 lot
the market go + 10 pips down - trigger a new position with 0.1 lot
another + 10 pips down - trigger a new position with same lot
another +10 pips down - trigger a new one
--total until now - 4 position opened, 30 pips profit.
the market start to go a little up, lets say 10 pips before go down again
now we have same 4 position opened, but because tha market go 10 pips up and I use also a trailing stop of 10 pips, I will have:
1st position in profit with 20 pips with stoploss in +10 BE
2nd position in profit with 10 pips with stoploss in BE
3th position closed because price touch BE
4th position in loss with -10 pips.
market start to cooperate and drop again during downtrend.
the EA will open a new position only when the 4th position go from -10 to +10 and start to open new positions like before.
Sory for bad english.
Someone know such a EA?