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I've already posted this in a different place but seems like this is the place to go for strategies to make em work...
Could someone please check where exactly the problem is.
The strategy is supposed to check the Stochastic Indicator on the 30m and the 5m Chart, when both are in the overbought sector the strategy sells with a 10 pip TP, when both indicators are in the oversold the strategy buys with a 10 pip TP.
Now for the Stop I wanted the strategy to open a hedging position instead, always when the strategy encounters a negative position of -15 pips.
The hedging position should have a 15 pip TP and a twice as big position size and if TP hits, the strategy is supposed to close all the open positions. If the hedging position goes -15 pips, an other hedging position should open, now 3 times the initial position size, again with a 15 pip TP and as soon as this one gets hit, the strategy is supposed to close all the open positions.
And so on...
My strategy does open hedging positions now, but it opens a huge amount of positions and it wouldn't close all the open position when it hits TP.
Any thoughts?
Thanks,
Artur
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Scalping_Stoch_hedge.vfs [45.35 KiB]
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