Tying the TR size to the foot (2k1, 3k1, 4k1, etc.)
under review
Алексей А
When creating a position, a preview appears on the chart with takes, stop, and tvx. They're very close together. It is often necessary to open a position quickly and there is not enough time to make calculations and transfer takes and stops to the right places, and the market leaves. So many deals have already been missed. The proposal is as follows: supplement the TR module with a foot-tie. For example: the number of orders is 3. The first is 50% of the 3k1 position, the second is 25% of the 4k1 position, the third is 25% of the 5k1 position. Next to the “Price”, “%”, “Quantity”, “%” columns, make one more (connection with the stop or attitude to the foot) with the ratio value set in the same way as closing. In this case, if the values are pre-filled in, it will be enough to move the TVX preview and the stop, and the takes will be placed at the right points automatically. Thank you in advance, I personally miss this very much. I trade intraday, not a scalper.
Finandy Exchange
marked this post as
under review
Does each take have its own stop loss? not entirely clear idea about proportions
Алексей А
Finandy Exchange: Suppose there is a certain price level (0.3594) from which I want to open a long position. The entry will be made with a stop order (although it does not matter, the order can be any other) (screen 1).
- On the SL tab, I put the risk per trade ($1).
- The chart includes a preview of a future deal consisting of several takes and a common stop. The default stop is -2% of the price change, and the takes are quite close to TVH with a small margin from each other (screen 1).
- I set the stop limit preview to the level, pull the stop loss closer (by -1% of the price change), so the terminal recalculates the entry volume. In this case, it will increase, but the risk remains $1. But in this case, you should move the take profit preview separately. With my hands, I push the preview of take No. 1 +3%, take No. 2 +4%, take No. 3 +5%, take No. 4 +6%. In other words, 3k1, 4k1, 5k1, 6k1, but these ratios may be different as the trader wishes in accordance with his system (screen 2).
The idea is to automate this process of placing orders. It often happens that you have a perfect TVX, you can place a very short stop (thereby making a large amount of entry while maintaining a risk of $1), but taking takes a long time and the market goes away.
I suggest adding the TP tab to the ability to link takes to the stop, and the trader will enter the ratios himself, as well as the number of takes and the% of closing the position volume (screen 3).
On screenshot 3, I've roughly finished drawing how I see it.
Thanks!
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