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I'm newbie. Please help.
If no trade (1st condition) BUY Should be open by default (Default SL 10 pips, Default TP 10 PIPS), 0.01 lot size
2nd condition)SELL STOP pending order should be open simultaneously at SL price of Open order with 0.03 lot size (3 times of Opened order lot size, 3*0.01=0.03)
Example :
1)OPEN BUY order (0.01 loy size)
EURUSD 1.1324
SL 1.1314
TP 1.1334
EURUSD 1.1314
SL 1.1324
TP 1.1304
If 1st order hits SL, 2nd SELL stop pending order should open with (0.03 lot),
simultaneously BUY stop pending order should open with 0.09 lot at SL price of Opened sell order
Now it become,
EURUSD 1.1314
SL 1.1324
TP 1.1304
2)BUY STOP PENDING ORDER (0.09 lot)
EURUSD 1.1324
SL 1.1314
TP 1.1334
Loop should continue until TP hits, ..
if TP hits, then Pending order should delete automatically..
If no open order, BUY should be open automatically...
Can anyone help in this