Hello Everybody!

After Research,i could not find a similar topic about my Issue.
Here is an Example of Buy Order at Market: I want someone to tell me 1.) how i can put the Stop Loss in the Open at Market Buy Order based on the previous Candle Low and 2.)in the same Open at Market Buy Order i would like to give for the Take Profit as usually the amount in pips.

As i know for the 1. case i have to adjust the Settings of the Block "Open at Market" in Price and in the 2. Case in Pips. So,how do i achieve my purpose since its not possible to have at the same Time Two different Settings on the same Block?

Thank you in Advance!

Hello there !

Solution 1

Solution 2

Hello Amine and thank you for Response,

I have tried the solution 1 and it works only for SL and not for TP from the "Set Take Profit" Block and by solution 2 it worked inversely.Ecxept from this problem,i get Erromessages too like in the attached Image.

I see,

I've used the "One way exit" out of the open @ market block and I believe VJF interface executed the request very quickly before even the position is created (the fill message confirming that "Long" position is received back ) so the result is: the platfrom is trying to place a TP order for a position not yet confirmed as filled.
If you change the exit out of "Fill OK" pin it will work.

I have changed the the exit out to the "Fill OK" but the problem is that although i have limited to take position only one Time until it closed, it seems to open many many orders like i show with the black Arrows in the Image. I have tried it with the Exit out"Submit Ok" and i get the same results.

Hey Amine, i figured the problem out. Well,let's take the Example with the two Arrows in the Image. Based on the simple Strategy the Condition is to open a Buy Order if the Candle(Shift 1) is Bullish/Green and conversely if its bearish/Red.
So,If you see the Candle 1 is Green which means the Candle 2 opens a Buy Order with SL on Candles 1 Low. Based on the Strategy we have only one open Order here and are waiting to close so it can open the next one. On the Candle 3 the Order will close since the Price has reached the Low of Candle 1. At this Moment, the Strategy is trying to open the next Order which is Buy Order(because the Prev. Candle 2 is Green) but the Open happens under the Low of the Candle 2 which it should be the SL Level so the Order imediately close and opens a new one and it closes again and so forth and so on..
It happens the same Situation on the Candle 6..

So i try to solve the Problem with a few If Blocks Conditions and i hope i will solve it. Until Then, every Solution is appreciated

I need to see the strategy .. could you please attach it in vfs format ?
File > Export

Well i added 2 if Blocks and i almost solved it but not 100%.. You see in the Picture the Candle pointed with a blue Arrow.. because on the same Candle the Price has reached the SL Level which is the Hihg of the Previous Candle 1, it tries to open a new Order but it is above the SL and it closes immediately and so forth..

I see now;

The problem is not related to what we discussed earlier but it is dealing with the trading logic:
If you look deeper where these multiple trades are triggered you can see that for short trades the previous red candle high is way below the open price which triggers an immediate close of the position exactly as you mentioned.

Short


Long

Yes exactly,thats why i added two If Conditions Blocks (open>Low(1) in Case of Buy Order an (open<High(1) in Case of Sell Order) but the problem is what to do or what Conditions could we add to prevent the Situation in your Picture which the Price reach the SL on the Candle that is still occuring. What do you think?

I think a check straight after the position creation of the Open Price Vs SL or TP price would do the job. So for long If open price > SL price and vice versa for short.

Hi Amine, as i mentioned in my post i have added two If Blocks like the Solution you give now here but thw Difference is that my open price> stop loss and vise versa was from last bid and not from the Variable Long like you say. Do you mean that is a Different ?

Anyway i am out now and i will try it.

Thank you very much.