Pending enter with LIMIT order (buy-limit X points lower then signal price)
Replies 11
I don’t know if I was clear, I mean the ea for example get an entry signal, He will not open direct, he will wait that for example the is already 3 martingale position and then enter, the best i think should be wait 1 or two mates of the martingale and then enter.
Oh, no. It's something different.
It's something like Pending enter, but in other direction: set buy-limit on buy signal and wait for execution.
Am I right?
Yes exactly, is like waiting for some lates of the martingale and then enter, DD will be smaller on bad position, but of course the ea will miss position that would go to profit directly.
Let's rename topic to "Pending enter with LIMIT order". It is the easest way to make this improvement and check your idea
It would be better to have a limit order than a stop order. Experts may correct me if iam wrong.
It seems we had such topic (new martingale deal on signal only). But can't find it now.