An ‘Order Type A’ has the following assignments: take profit @ 30 pips; stop loss @ 1 pip.
An ‘Order Type B’ is opened when the previously closed order was non-profitable. The opening of ‘Order Type B’ can be executed during the full week schedule except for Fridays after 5 PM. The algorithm settings allow for a streak of 3 consecutive ‘Order Type B’. The screen capture below shows:
An ‘Order Type B’ is opened when the previously closed order was non-profitable. The opening of ‘Order Type B’ can be executed during the full week schedule except for Fridays after 5 PM. The algorithm settings allow for a streak of 3 consecutive ‘Order Type B’. The screen capture below shows:
- 2 blocks highlighted inside the yellow rectangle to verify the schedule condition
- 3 blocks highlighted inside the red rectangle to restrict the streak of only 3 consecutive ‘Type B’ orders