[FEATURE] Pyramiding / Averaging Up

[crophoenix]

Describe the feature you are requesting and how it would benefit the performance or user flow Implement concept of pyramiding for exo trade management. Pyramiding is a trading strategy that involves adding to a profitable position when an asset performs well and continues to show upside potential. If, and only if, that position performs well, is more size added to it. If the trade performs poorly after additional size is added, the initial gains can reduce the net effect of any losses. On the other hand, if the trade performs well, then the additional size multiplies the profitability. Thus the technique keeps initial risk low, while creating opportunities for profits.

Existing profit taking strategy could be amended to allow entering new trade with higher TL on top of existing profitable trade position, instead of selling it. This will average up BEP and lock in profits. If the upward trend continues then another trade can be opened with further multiplied TL which will lock in even more profit by pushing BEP higher. Sell all positions when price goes down and hit BEP. Same TL multiplier logic requested via issue #44 could be applied to pyramiding.

Is the request for TV or exoTrader? Both, TradingView / exoTrader

Have you considered achieving the outcome with current features? No current feature allows concept of pyramiding to be used for trading.

Provide examples or data to support the request [https://news.tradingcup.com/en/news/pyramiding-trading-tutorial-how-stage-2-winner-used-it-pros-and-cons]

[quantatrading]

Thanks, will pull this review when critical backlog is cleared. Thanks man