Been trading a while but fairly new to auto-trading.
Suppose I open a trade at 09:00 and close it 1 hour later. At 10:00, I then want to place the exact same trade, either long or short depending on whether the previous trade was long/short and profit/loss. Example, last trade was long and a loss, so this trade should be short. If it was long and a profit, go long again.
I cannot get it to work. I’ve used the Closed P/L in pips < 0, long condition, but is simply doesn’t seem to trigger anything.
Any feedback would be greatly appreciated!
Basic example file attached.
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I’ve used the Closed P/L in pips < 0, long condition, but is simply doesn’t seem to trigger anything
Hi, this won’t work. If you incorporate such condition it will never open the first trade since there is not a previous losing trade. You need to setup the condition a different way
Do you mean if a trade from 9 – 10 was long and end up losing you will open an opposite trade exactly at the previous trade close?
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