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Repeat or Loop a Closed Trade

  • Post #1
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  • First Post: Edited 12:50pm Mar 31, 2014 12:40pm | Edited 12:50pm
  •  Krypt0n1te
  • | Joined Mar 2011 | Status: Member | 90 Posts
Hi Guys

Please excuse my absolute lack of knowledge in this regard. I've searched hi and low, got a couple very similar topics, but I think I'm a little stupid to understand the parameters.

What I would like to do is something very very simple and would appreciate it if someone could help me out.

Question/Request

I would like a trade to REPEAT or LOOP automatically once it is closed out (TP is reached).

Example

1.) Lets assume I manually create a Long ENTRY Order at 1.3 and TP at 1.4
2.) Lets assume my Long ENTRY Order gets triggered and thereafter my TP is reached and hence the trade is automatically closed.
3.) Is it now possible that once the TP is reached and the trade is closed, that an exact Long ENTRY Order could be created/placed automatically?
4.) Thus the automatic close of the trade at the TP of 1.4 automatically creates/places a Long ENTRY Order with same parameters as above? ie. Entry Order at 1.3 and TP at 1.4

Extra info

Could I run more than one of these "loops" together. For example.

Have a loop active like the one above, and lets say another one with Entry order at 1.2 and a TP at 1.3

Thank you all in advance.
  • Post #2
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  • Last Post: Apr 4, 2014 3:48pm Apr 4, 2014 3:48pm
  •  fxdaytrader_
  • Joined Jan 2011 | Status: UberTroll | 1,847 Posts
pls. look at this -> http://www.forexfactory.com/showthre...76#post7385176
PM me with coding requests and I'll probably put you on my ignore list
 
 
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