Hello,

I am learning coding using the MQL4 tutorial from Codersguru, and I'm working on "My_First_EA". It really is my first EA. It works very well, but I am trying to write a breakeven stop and I can't figure it out. The problem I have is that the breakeven stop follows the price just like a trailing stop. I would like the initial stoploss to move to keep 1 pip profit when I make 15 pips (for example), then I want the stoploss to stay at the breakeven stop (1 pip profit) until the trailing stop begins working at 25 pips profit. Then I want the trailing stop to work as usual moving every pip of profit. I think the problem might be the "OrderStopLoss()", but I don't know anything anymore. My brain is mush. Thankyou

Here is the relevent code I've done:

extern double TrailingStop=25.0;
extern double BreakEvenProfit=15;
extern double BreakEvenStop=1;
......................
my entry and open orders code here works fine
......................

for (cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt,SELECT_BY_POS,MODE_TRADES);
if (OrderType()<=OP_SELL&&OrderSymbol()==Symbol())
{
if(OrderType()==OP_BUY)//Long position is opened
{
//should it be closed?

if (FSAR > FMA) //my exit signal
{
//----CLOSE LONG POSITION works fine
OrderClose(OrderTicket(),OrderLots(),Bid,3,Magenta );
return(0);//exit
}
////////////////////THIS IS THE PROBLEM AREA BELOW/////////
//----CHECK FOR BREAKEVEN STOP LONG POSITION------
if (Bid-OrderOpenPrice() > BreakEvenProfit*Point)
{
if (OrderStopLoss() < OrderOpenPrice()+ BreakEvenStop*Point)
{
OrderModify(OrderTicket(),OrderOpenPrice(),OrderOp enPrice() + BreakEvenStop*Point,OrderTakeProfit(),0,Yellow);
return(0);
}
}
//-----EVERYTHING BELOW HERE WORKS AS A TYPICAL TRAILING STOP
//----check for trailing stop LONG POSITION
if(TrailingStop>0)
{
if (Bid-OrderOpenPrice()>Point*TrailingStop)
{
if (OrderStopLoss()<Bid-Point*TrailingStop)
{
OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Yellow);
return(0);
}
}
}
}
else//go to short position

CodersGuru,
I'm looking for this. Coul you please help. Thanks.
Bongo
I’m looking for these functions:

Strategies:
1)
For trading 2 pairs: EUR/USD & USD/CHF.

If CHF/USD jump up 2 ticks, sell EUR/USD and vv
If CHF/USD jump down 2 ticks, buy EUR/USD.

If EUR/USD jump up 2 ticks, sell USD/CHF and vv
If EUR/USD jump down 2 ticks, buy USD/CHF.

2)
For trading only 1 pairs: EUR/USD.

If USD/CHF jump up 2 ticks, sell EUR/USD and vv
If USD/CHF jump down 2 ticks, buy EUR/USD but
If EUR/USD jump 2 ticks first don’t trade USD/CHF,
Wait for USD/CHF to jump first.

3)
For trading only 1 pairs: EUR/USD.

If USD/CHF jump up 2 ticks, sell EUR/USD and vv
If USD/CHF jump down 2 ticks, buy EUR/USD.

Trading on the own movement:
If EUR/USD jump up 2 ticks, buy EUR/USD,
If EUR/USD jump down 2 ticks, sell EUR/USD.

The problem is the line of code

bb=100*(aa1-MyLow)/(MyHigh-MyLow);

where MyHigh equal to MyLow.
To correct it use this
double dDif = (MyHigh-MyLow); if (dDif == 0) dDif = 0.00001;
bb=100*(aa1-MyLow)/dDif;

here the corrected version

Attached Files

TTM Stoch.mq4 (4.4 KB, 82 views)

Hi,

i´ve got a question: how to allow the expert to place more than one order independently?

Using the command

total=OrdersTotal();
if(total<1)

we got the control of the number of trades being executed simultaneously (if < 1, one at a tima, if >2, two at a time and so on)

But in real world, that command ends up with the expert placing two or more orders using the same entering conditions (same as using several lots).

I want to allow the expert to place another orders even if there is one or more orders opened, but not place them at thge same moment; mayba a delay form one order to other (15 or 30 min), so my question is:

HOW TO ALLOW THE EXPERT TO PLACE MORE THAN ONE ORDER, WITHOUT PLACING THEM AT ONE TIMA?

thank you, waiting for help!

Hello,
i have an idea to build a system that has an EA and also visual representation of the sytem. but i have no idea how an EA can set parameter for attached indicator.

let say for if the indicator has EnableAlerts... when user set the Enable Alerts to 1 in an EA, than the attached indicator also change it's Enable Alerts Variable to 1 and vice versa..

i hope you got my point.

Thanks

Victor

Hello,
i create another thread for this same question, but i think this is the correct one to ask.

i sometimes see this line of code :

//---- 2 additional buffers are used for counting.
IndicatorBuffers(3);
SetIndexBuffer(1,PosBuffer);
SetIndexBuffer(2,NegBuffer);

i wonder why we use Indicator Buffers to save variables instead we use array ? what's the main idea for this method..

thank you
Victor

Hello,
i read your article about customizing pop alert. May i know the tools you use to build the the object ? or can i do custom alert ?

Thanks

Hi codersguru,
First I'd like to thank you for your great posts...you really are a "coders guru"!
I would very much like to learn to write my own indicators using MQL4.
Could you please tell me how i can find all your MQL4 lessons. I tried the links within the lessons but they no longer work. I am a TOTAL newbie to all this...FX and MQL4...so your help would be greatly appreciated.
Thank you in advance
Bob

How can I use mql to process historical data, convert data into some result and out put to a file?

__________________
Forex TSD is NO. 1
EA's blog: http://eaconfigs.blogspot.com/

I have this script to write historical data. U can reverse the write command with the read command. Hope it will help you

Attached Files

HistorySave.mq4 (3.0 KB, 58 views)