One Entry Per Bar....

babarmughal · #1 (**permalink**) 06-04-2006, 12:12 PM

Hi Guys,

what can I put into an EA so that when the conditions meet it only opens 1 order and if the order is closed (TP has reached) no matter if the conditions meet again..should not open another order...

Thanks
Babar

harryhid · #2 (**permalink**) 06-04-2006, 01:08 PM

Quote:

Originally Posted by babarmughal

Hi Guys,

what can I put into an EA so that when the conditions meet it only opens 1 order and if the order is closed (TP has reached) no matter if the conditions meet again..should not open another order...

Thanks
Babar

Yes, i want to know too. If we can do this then we can just make an EA base on some stadart simple indicator.

Aaragorn · #3 (**permalink**) 06-05-2006, 11:12 PM

Quote:

Originally Posted by harryhid

Yes, i want to know too. If we can do this then we can just make an EA base on some stadart simple indicator.

i know how to do it in a spreadsheet but I'm afraid I don't know how to tell you to do it in code

but there is probably more than one solution that will work if you know how to do it. Can you write a code to detect if a position is already open? What can you detect about the account with code? Can you tell when the last order was opened, what the available margin is? Something about the account that you CAN detect which will be obviously different if a position is already open?

Aaragorn · #4 (**permalink**) 06-06-2006, 12:30 AM

Quote:

Originally Posted by harryhid

Yes, i want to know too. If we can do this then we can just make an EA base on some stadart simple indicator.

http://www.forex-tsd.com/12186-post40.html
found this on the site...would this help?

Michel · #5 (**permalink**) 06-06-2006, 01:56 AM

Quote:

Originally Posted by babarmughal

Hi Guys,

what can I put into an EA so that when the conditions meet it only opens 1 order and if the order is closed (TP has reached) no matter if the conditions meet again..should not open another order...

Thanks
Babar

one entry per bar :

PHP Code:


			


if(Time[0] > LastTime)

{

   TradeThisBar = true;

   LastTime = Time[0];

}



...



if(EntryCondition && TradeThisBar)

{

   if(OrderSend(......) > 0) TradeThisBar = false;

}