Smart Orders Concept

Created at 05 Mar 2018, 11:54
burakbirer's avatar

Burak Birer

Joined 11.03.2015

Smart Orders Concept
05 Mar 2018, 11:54

Hi, here is an idea that changes order creation fundamentally.

There are so many situations that you need to create an order conditionally just like a cbot does. But calgo is not always easy for these simple situations. Here is the idea for Smart Orders Concept;

Lets say there is a trend line attached to chart and we create a smart order on order window;

if Ask < Trendline (a dropdown list of avalaible tools attached to chart) Buy 1 Lots

or if some indicator is attached to chart

if IndicatorX (select from dropdown list of attached indicators) Value > 70 Sell 1 Lots etc.

You can add multiple Smart conditions for the order.

I believe SMART Orders as a concept could work even on cTrader Web.

Best Regards,