Thread: 10points 3.mq4
View Single Post
  #3607 (permalink)  
Old 04-02-2008, 12:36 AM
davidke20's Avatar
davidke20 davidke20 is offline
Senior Member
 
Join Date: Sep 2006
Location: 38° 53′ 51.61″ N, 77° 2′ 11.58″ W
Posts: 1,398
davidke20 is on a distinguished road
Quote:
Originally Posted by Beno View Post
Gidday David

Sorry I did not explain my self correctly what I have been trying to do is on each new open look back and see which pattern is there be it long or short if neither exist 1) do not open any new positions 2) if positions are open close them and wait for a new pattern.

The other thing I have been looking at is setting a percentage (AccountEquity) based SL I have been searching the various threads looking for info on weather this has been done before. Do you know if it has?

Anyway just thinking out loud

Cheers


Beno
OK then, you'll need to add in a function in the EA to close off the order. Or else, it will take the previous order's direction as the current order's direction. AccountEquity stop loss version has been done before out of TSD at Yahoo Group.


Regards

David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
I'm blogging my EA creation journal
Reply With Quote