DislikedThat is exactly what the low water mark will do for you. If you want to bail at the first sign of profit after 60 orders is reached set the low water mark for 60 if using 1 level, 30 if using 2 levels or 20 if using 3 levels. After it broaches each low water mark multiple, it also lowers the profit goal a little which theoretically slows the accumulation of new orders.
ViperIgnored
Viper, I see how this is similar. Making less aggressive orders, etc...But doesn't the low-water mark feature still require the orders to hit their TP?
I'm thinking having all orders closed once the set hits a proft value set by the user (activated after a certain number of lots or orders are opened)...
I don't like to hear of someone losing $5k due to a spread issue - I thought it was more robust than that. Is this because once one order hits a TP, all other orders close and this results in a possible loss (because the grid is no longer aligned/incremented properly to have all TP's at the same price?)?