Thread: Straddle OCO
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Old 05-02-2007, 04:42 AM
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Quote:
Originally Posted by sam1
Hey Money Duck, try this one. It has all the functions you requested. Designed for news trade.
Don't mind the CAPS AND BOLD in my posts...I always do it to draw attention to areas that need noticed....not showing anger or frustration as may be interpreted.

The EA mentioned can not be modified, for one thing and on that EA you only have 3 targets and the number of lots you take off has to match the number you put on......What about letting our WINNERS run! How about letting a few lots continue on.

I also remembered reading somewhere previously about that EA and if you use the STRADDLE IMMEDIATELY it WOULD NOT CANCEL THE OTHER PENDING ORDER.

Also, when manually trading the entry orders may not match and be exactly the same random number. Pending orders 30 pips away or whatever number. So you have to put them on and then go change the pending order. A prime example of this is last night on the GBP/USD. The pending order LONG was further than the SHORT order. I WILL ATTACH IMAGES. So it would be great to be able to enter prices for our LONG order, SHORT order, stop losses and targets(using FIBS, S/R, TLs).

I am going to attach 3 images of trade taken last night:

1 Pending order LONG could not be the same amount of pips away as SHORT order, because that would have kept it UNDER THE TREND LINE and we want to see the TL broke before getting into the trade.
2. You will see the FIBS pulled on the second image. Would just be easier to enter the numbers on targets...not necessary, we can figure the pip amount...would just be nice to have it that way.
3. Final image shows the move and targets hit.
Attached Images
File Type: gif gbpbreakout.gif (25.9 KB, 654 views)
File Type: gif gbpbreakoutfibs.gif (32.9 KB, 626 views)
File Type: gif gbpbreakouttargets.gif (32.1 KB, 626 views)

Last edited by Money Duck; 05-02-2007 at 05:17 AM.
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