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I am looking to have a Grid trading strategy built in LUA for Trade Station II. The trade strategy will have specs below:
Trade Strategy Project Summary & Parameters:
I would like a strategy that would enter into a position at a predetermined price point. Once this first trade is place a new trade would be placed at every specified number of pips. A stop would be placed at every determined pips amount to sell out of one trade. This would continue until the trade strategy is stopped.
Simply put this strategy automatically sets entry stops and exit stops at predetermined pip increments.
Trade 200 lots long position at the price of 1.0000. Continue to enter into new trades at every 20 pip increments. Place stops 20 pips away from the entered position to sell 200 lots.
So If the price rose to 1.000 a 200 lot position would be entered. If the price dropped down to .9980 the 200 lot position would be sold out. Then say the price goes back to 1.0000 where a 200 lo...
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