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Need help in writing ea - Time factor to close order
if order took place, take profit=100pips & stop lost=100pips is written in the ea,
i would like to write additonal time factor(control) to close order as below:-
says the order is a buy order
-----------------------------
1) if in 1st hour, a sudden price up of 80 pips happen in 10 minutes within this hour, close order;
2) if in 2nd hour, a sudden price up of 70 pips happen in 10 minutes within this hour, close order;
3) if in 3rd hour, a sudden price up of 60 pips happen in 10 minutes within this hour, close order;
4) if in 4th hour, profit at 50 pips, close order;
5) if in 1st hour, a sudden price down of 60 pips happen in 10 minutes within this hour, close order;
6) if in 2nd hour, a sudden price down of 70 pips happen in 10 minutes within this hour, close order;
7) if in 3rd hour, a sudden price down of 80 pips happen in 10 minutes within this hour, close order;
8) if in 4th hour, loses at 50 pips, close order;
Can somebody kindly help me to write this? I am having problem in writing time factor in closing order.
Hi Guys,
I've a question for you....do you know what's the code to put in an Expert Advisor to close all open trades at certain time?...for example I've 5 open trades and at 16 GMT the EA should close all open trades and shouldn't open new trades until the next day.
Thanks for your help!
BBands_stop_v2 and ###Gann_HiLo_Activator_v2### - can someone enhance them please ?
There are few indicators that change their plot on touch - but rather most wait for the price to close past their current plot.
Exceptions are -
Parabolic SAR is one.
Bat ATR v2 is one on right setting (using CloseBase=false).
To me this means most indicators are less reliable.
The bigger the time frame the greater the risk. If you wait for a clear signal it is often at the other end of a breakout. If you take it - it is often the worst entry.
Can someone tweak BBands_stop_v2 and ###Gann_HiLo_Activator_v2### to have an extra settings like Bats_v2 does (using CloseBase=false), so they will change plot on touch, please?
The above two changes would be a good start - but the list of indicators that I think do not have this ability is huge
Hi,
I'm writing my first EA which partially shows nice numbers in back testing. However, I can't figure out how to improve the bad parts.
Firstly, it has a high winning percentage of 86% however only a small profit factor because the losing trades loose much more than the winners win!
I have a MM in place which does not use more than 5% of the account balance per trade and over all active trade not more than 11% of the account balance can be used. Also I trail all stop losses.
It seems that I'm closing (OrderClose) the winning trades too early and cut the losing trades too late (or S/L them).
What is a good strategy for that? I implemented something like "don't close winning trades even if there's a closebuy signal" but that did not work out better either!
Would appreciate any tips! The full report can be found here.
easiest way to add a 3 pip TP for every manual trade?
i need to add a 3 pip take profit on the forex for every manually entered trade. what is the easiest way to do this? i have no programming skills and can not find any default value to set in metatrader 4's options.