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best way to set orders in a chanel

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    best way to set orders in a chanel

    Hello,

    What is the BEST way to set orders with strategies in a narrow chanel.

    When I try to do this, the progie doesn't accept the second order.

    Thank you

    B

    #2
    Can you elaborate on what you mean by a "narrow chanel"?

    Comment


      #3
      Lets assume that we have a currency pair which sells in a 80 pip chanel for a long time period.

      I would like to place a buy limit order with tp 40 and sl 40 in 85
      and a sell limit order with tp 40 and sl 40 in -5 .

      What is the best way to do this or something equivalent ?

      Thank you for answering

      B

      Comment


        #4
        The best way is to monitor for the price hitting your limit price and then submit a market order..or you can run two separate strategies.
        RayNinjaTrader Customer Service

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