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Pip gap – Prevent open

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7th of February 2021

Prevent Open modules prevents opening any new orders.

The Pip gap – Prevent open module only works in combination with the Multi OrderOpen Module.
Pip gap will wait opening an additional order untill there’s a certain amount of price between the Open prices of orders.

Settings

  • PipGapInPips: the amount of pips between multiple orders.
  • PipGapPositiveEnabled: a consecutive order will only open if the price is going ‘up’ (has gone into the intended direction). This setting is often used to accumulate the open position as the result of confirmation.
  • PipGapNegativeEnabled: a consecutive order will only open if the price is going ‘down’ (has gone in the opposite direction). This setting is often used to get into a better opening price.

Other comments:
Both the PipGapPositiveEnabled and PipGapNetativeEnabled can be enabled at the same time.

Example