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Smart Pending Orders Script

This is a script used for placing pending orders.

However, this does not create a trivial grid of orders, but a little "thinks and counts" ;)

The general idea that guided me when writing this script is the concept of playing the demand and supply zones by setting pending "limits", but with a predetermined level of risk that I accept.

Operating principles:
- put a rectangle on the graph, which is supposed to reflect the "zone" we are going to play,
- drag the Pending_Orders_1v6_Rectangle script to the chart,
- we determine the risk (Risk), which is expressed in the currency of the account,
- we determine the distance between subsequent pending orders (Order_Distance),
If you select the Hedge option, then on the edge of the zone, the script will place the opposite pending position and the size equal to the sum of the size of the opened limits positions.
then click "OK"

If we choose Hedge = false, then SL will be placed at the edge of the zone for all pending limits.

Inputs:

  • Risk = 100 - the size of the loss (in the account currency) that I assume and accept,
  • HedgeMode = true - if "true", then on the edge of the zone the script will set the opposite position to the previous ones,
  • OrderDistance = 50  - distance between pending orders.

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    Indicator enabling the analysis of the relationship between two derivatives. There are different methods of presentation relationship. The attached video shows all the functionality of the indicator. Input parameters Anchor_mode - sets the end of the measurement to the current candle. Follow_mode - if true, the beginning of the measurement (START line) follows a fixed distance after its end (END line). Follow_distance - distance, (in candles) between the beginning and the end of the measuremen
    The indicator enables measurement and analysis of accumulated volume (tick), in any chosen swing. The user's task is to mark individual measuring sections with the help of a "crayon's". The indicator automatically sums the volumes of individual candles. Volume analysis is a basic element of the VSA (volume spread analysis) technique. A method of using an indicator is shown on the film. Parameters description Anchor_mode - If true, one end of the measuring line is always hooked on the current c
    This scanner is a tool used to support trading. Scanner searches on a wide market, in real time setups, created by mutual arrangements of candles (candles pattern). Its basic features are:  8 implemented trading setups (it is possible to add further setups, additional versions of the scanner),  the possibility of simultaneous scanning, all financial instruments available on the platform,  the possibility of simultaneous scanning, in all timeframes available on the platform,  the ability to manua
    Piramid Machine is a tool supporting manual trading, allowing for a radical increase in profits. Principle of operation: The trader must open the first position himself. In the "Auto_size_position" mode, the robot will determine the size of the item based on the assumed risk risk "Risk_perc" and the automatically set SL level. The SL level is defined as: for position "BUY" = Lowest - V_BE_buffer, The Lowest level is defined as the lowest level of the candle number "V_BE_candles_back". for the
    Piramid Machine is a tool supporting manual trading, allowing for a radical increase in profits. Principle of operation: The trader must open the first position himself. In the "Auto_size_position" mode, the robot will determine the size of the item based on the assumed risk risk "Risk_perc" and the automatically set SL level. The SL level is defined as: If you do not use the red "colored pencil" (shown in the movie), then SL is set at the Kijun or Tenkan level - depending on the choice. The siz
    This scanner is a tool used to support trading with the Ichimoku method. Its basic features are: 10 trading setups implemented in accordance with the Ichimoku technique, the possibility of simultaneous scanning, all financial instruments available on the platform, the possibility of simultaneous scanning, in all timeframes available on the platform, available Manual and Auto trade , the ability to open in Manual mode from the level of the chart, the ability to determine the size of the position
    Candles Pattern Scanner EA This scanner is a tool used to support trading. Scanner searches on a wide market, in real time setups, created by mutual arrangements of candles (candles pattern). Its basic features are:  8 implemented trading setups (it is possible to add further setups, additional versions of the scanner),  the possibility of simultaneous scanning, all financial instruments available on the platform,  the possibility of simultaneous scanning, in all timeframes available on the pl
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