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Scenario
First: Determine the type of sale or Buy on the assumption that I chose to buy,
You set the target as a price or point
You set the Buy Limit price on Instant Access and "OK"
, "BUY" is entered as a LOT 0.01 predefined transaction from the control panel as the figure or picture at 1.1600
1. At the time of entry, the target is set at 1.1650
2. The expert put the appropriate point at the previous loss limit Loss of the previous loss Profit is 1.1650 -1.1600 = 50 points,
According to the previous equation, the purchase limit is 1 =
(1,1600 - 1.1500) - (1,155 - 1.1500) * 0.01 (1000$) + (1.1550 - 1.1500) / (1,155 - 1.1500)
Buy Limit 1 = (Pips 0.0100) - (0.0050) * 0.01 ($ 1000) + (0.0050) / (0.0050)
Buy Limit = 100 - 50 * 0.01 Lot + 50/50
0.0050 * 0.01 + 0.0050 / 0.0050 = 0.0100 / 0.0050 = 0.02 ($ 2000)
If the purchase limit size is = 0.02
Which makes the Expert immediate position and put the target same goal of the first deal 50 points
Which is 1.1550
1.1500 + 50 pips = 1.1550
When the price reverses in the first deal until 1.1500, the buy limit enters and when the price reaches 1.1550, all trades close with the elimination of the second limit.
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