How to open two indipendent orders?

payback · #1 (**permalink**) 07-14-2008, 11:22 AM

Hi all again! I'm sorry to hassle you with questions that may stupid, but i need your help!
My problem is that i wanted to add an hedging subsystem in my EA (originally from coderguru),
so here is the point:

I have an order X if X goes under (e.g.) 25 pips i open order Y

so if was only one order "y" it is no problem because i can use a counter like this

PHP Code:


			
  //+------------------------------------------------------------------+

//| FUNCTION : NUMBER OF ORDER BASE ON SYMBOL AND MAGIC NUMBER       |

//| SOURCE   : n/a                                                   |

//| MODIFIED : FIREDAVE                                              |

//+------------------------------------------------------------------+

int subTotalTrade()

{

   int

      cnt, 

      total = 0;



   for(cnt=0;cnt<OrdersTotal();cnt++)

   {

      OrderSelect(cnt,SELECT_BY_POS,MODE_TRADES);

      if(OrderType()<=OP_SELL &&

         OrderSymbol()==Symbol() &&

         OrderMagicNumber()==MagicNumber) total++;

   }

   return(total);

}



//+------------------------------------------------------------------+

//| FUNCTION : OPEN ORDER BASE ON SYMBOL AND MAGIC NUMBER            |

//| SOURCE   : n/a                                                   |

//| MODIFIED : FIREDAVE                                              |

//+------------------------------------------------------------------+

string subCheckOpenTrade()

{

   int

      cnt         = 0;

   string

      lasttrade   = "None";      



   for(cnt=0;cnt<OrdersTotal();cnt++)

   {

      OrderSelect(cnt,SELECT_BY_POS,MODE_TRADES);

      if(OrderType()<=OP_SELL &&

         OrderSymbol()==Symbol() &&

         OrderMagicNumber()==MagicNumber)

      {

         if(OrderType()==OP_BUY ) lasttrade = "BUY";

         if(OrderType()==OP_SELL) lasttrade = "SELL";

      }         

   }

   return(lasttrade);

}

and then limit to 1 the open order

like this

PHP Code:


			


//+------------------------------------------------------------------+

//| NEW TRADE - ENTRY                                                |

//+------------------------------------------------------------------+

   if(subTotalTrade()<1 && (BuyCondition  || SellCondition  ) && AllowEntry) 

   {

but in this way i can open only one hedging order so what about if
X closes Y still open
X1 goes -25 now i'd like to open Y1 order and i can't!

How can i solve this problem?

InTrance · #2 (**permalink**) 07-14-2008, 11:35 AM

Change the MagicNumber for each system in OrderSend and then for your counting

payback · #3 (**permalink**) 07-14-2008, 11:44 AM

what is the logic behind? i want to open multiple "Y" orders like this
X and Y, x closes
X1 and Y
X1 and Y, Y1
and so on

luxinterior · #4 (**permalink**) 07-14-2008, 12:03 PM

I'd like to try to help you but your question isn't very clear.

Lux

payback · #5 (**permalink**) 07-14-2008, 12:47 PM

Ok i'll try to explain better....
I have an ea, it performs well, but it still have false signals but it's not a problem
For example my signal is buy is buy right ? (X)
if OrderProfit < -25 open hedge order
the hedge order is a sell order (Y) with it's paramaters.

If X closes Y must still open until take profit
and so on X1 Y
X1 Y Y1 etc
is it a little bit more clear?

payback · #6 (**permalink**) 07-15-2008, 01:33 AM

still no ideas or suggestions? please help! your are the best on the net!!!

InTrance · #7 (**permalink**) 07-15-2008, 04:12 PM

You could have a binary variable and reset when the first order closes so when you have an X order and it goes -25 and reset=false you open Y. Then set reset=true until X is gone

Hope it makes sense

payback · #8 (**permalink**) 07-15-2008, 05:27 PM

thx! at first look it seems it could work it out! i will try tomorrow because today i'm very busy!
but thx anyway!

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