Dukascopy
 
 
Wiki JStore Search Login

Please advice for the problem of pending order
 Post subject: Please advice for the problem of pending order Post rating: 0   New post Posted: Tue 15 Mar, 2016, 17:47 

User rating: 0
Joined: Tue 26 Jan, 2016, 17:21
Posts: 1
Location: TaiwanTaiwan
Hi, support team ,may you help me for my problem,
my idea as below :
Open an order at one time , and take profit for 150 pips, if this order loss 50 pips,
then open an opposite order , then close all position when the second order take profit for 150 pips.
here is example :
when open a sell order 1.1000
1. if the order goes to 1.0850 (+150pips) , close the order.

2. if the order goes to 1.1050 (-50 pips), open the buy order
2-2. if the second order take profit for 150 pips, close all position.
2-3. if the second order retrace to 1.1000 , open the sell order and so on till one side take profit 150 pips

3. when close all position , open an order automatically

I'm confusing to use "multiple action" or "pending order" , may you help me , thank you.
kindly advice , thank you~~


Attachments:
test.vfs [46.17 KiB]
Downloaded 86 times
DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control on their content. Anyone accessing this webpage and downloading or otherwise making use of any document, data or information found on this webpage shall do it on his/her own risks without any recourse against Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from the use and/or reliance on any document, data or information found on this webpage.
 
 Post subject: Re: Please advice for the problem of pending order Post rating: 0   New post Posted: Wed 16 Mar, 2016, 10:55 
Visual JForex expert at Dukascopy
User avatar

User rating: 288
Joined: Thu 18 Apr, 2013, 09:26
Posts: 1496
Location: Switzerland, Geneva
Hi,
please check the attached screenshot where I input some remarks regarding the overall strategy architecture ;
Beside,
when you say:
Quote:
if this order loss 50 pips,

You should use the P&L of the position in question, and check its result if it meets the -50pips of loss.

Quote:
I'm confusing to use "multiple action" or "pending order" , may you help me , thank you.


I don't see the point here?
Multiple action is a block use to distribute the flow in a parallel way; Pending open is trading command that open pending orders.
please advice ...

Thx
Image


Attachments:
test_user.JPG [186 KiB]
Downloaded 253 times
DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control on their content. Anyone accessing this webpage and downloading or otherwise making use of any document, data or information found on this webpage shall do it on his/her own risks without any recourse against Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from the use and/or reliance on any document, data or information found on this webpage.
 

Jump to:  

  © 1998-2025 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com