Definition #
The Orders Count is a record of the orders you currently have in the market . This record allows you to open trades until you reach a certain number of orders, or, conversely, to open more orders when you detect that you have reached a certain number of orders.
Interpretation #
It can be useful when:
- If you want to have a limit on open orders, it could be useful to avoid taking on more risk than you’re willing to.
- If you want to increase the number of orders beyond a certain amount, it could be useful to be able to increase your position and thus obtain more profit.
Parameters #
Signal type
The element can function in only one way. In filter mode, it will give a signal as long as the element is giving a signal.
NOTE: It is recommended to keep only one element with trigger signal type per rule, and the rest of the rule elements (optional) as filters.
Parameters configuration
Number of orders – [default: 5].
Activate when – Equal or greater/less than.
