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Date/Time: Mon, 13 May 2024 01:45:48 +0000



Post From: DOM trading question

[2019-09-27 18:16:26]
KenG - Posts: 13
I am wondering if I can use the "limited" trading functionality built into the trading DOM for this type of trading scenario, or if I need to build a spreadsheet trading app. I use the DOM already for many functions, brackets, trailing S/L's, take profits etc, but here is a description of the scenario I would like to automate, using /ES as an example:

Current price - 2950 Set up and enter the following as a single "order"

If price hits 2980 go long and set up a take profit at 3000 and a stop loss at 2960 [and cancel the pending short order described next]
or if the price drops and hits 2930, cancel the pending long order[along with its attached S/L and T/P] and go short with a take profit at 2900 and a S/L at 2950.

I have looked at the DOM programming functionality and cannot figure out how to enter both sides of this potential scenario at the same time.

Is this doable directly via DOM functionality, or must it be done via spreadsheet [or perhaps another way?]

Thanks!!