Sequential Pending Orders

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August 1, 2020

Swing strategy (Pendulum). Automatic opening of 2 opposite pending orders, OCO orders.

The Pendulum or Swing strategy involves the sequential opening of pending orders with an increased lot size. The core principle is simple: two pending orders are placed, and when one is activated, the other is automatically replaced with a new pending order. This process continues until the entire group of trades is closed by hitting the take-profit target.
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