New to FxDreema - need some guidance
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Hi All,
Very new here and trying to learn some new skills.
I have a strategy that i was hopeful i could create here and wondered is anyone could point me in the direction of projects or tutorials that would help me to eventually produce this strategy.- i want to limit the time at which trades would be taken,
eg: start taking trades at 17:00 server time - take a new trade at open of new candle (time frame to
be decided). - stop taking trades after n candles
- close all trades after n candles.
an accumulative TP to be actioned if level is met
an accumulative SL to be actioned if level is met
Trade trigger to be the direction of slope of 2 MA's.
I really have no idea how difficult this may be , but unless you ask you may never know.
I look forward to someone's reply.
Kind Regards
Geoff - i want to limit the time at which trades would be taken,
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Hey Geoff,
You could start with something like this https://fxdreema.com/shared/SZNS5EyId
Just put in your conditions in the "condition" block. I've put in that price must close above/below EMA, this will give you the direction
You can change which timeframe you enter on the "once per bar" block
"Check trade count" this allows how many trades can be open at one time.With your closing trades can you be more specific? there are so many options under the condition block you can choose from. You can add multiple condition blocks
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Hi bb 2,
thanks so much for your reply, it is greatly appreciated.
Conditions wise, i was thinking of how i could use the slope of the MA's, so for example if the fast MA slope is up and the slow MA slope is up at the time when trading starts, the EA would only place a buy market order. and obviously the reverse for sell positions. At the open of the next candle if the slopes of both of the MA's hasn't reversed then it buys another position, and so on until the 4th position is taken, then no further positions are taken. All positions are closed at the open of the candle that is 1hr 45mins after the first position was opened. the only other way for all the open positions to be closed is if the take profit of X% is reached, or if the SL of X% is reached.
I dont know if i have explained that any better! hopefully i have.
I look forward to your reply.
Kind Regards
Geoff -
I think i understand, try this https://fxdreema.com/shared/G0J2rEdKb
So it only allows max 4 open trades at a time and after 1hr 45mins all trades are closed.
You can play around with settings a bit to see what works for you.
I put in a couple constants so you can adjust your TP and Sl as well as risk within MT$
Hope this helps with the start of it -
@Geoffrod68 That's not a trivial project to implement and you will need variables for sure. Are you familiar with variables?
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@l-andorrà said in New to FxDreema - need some guidance:
@Geoffrod68 That's not a trivial project to implement and you will need variables for sure. Are you familiar with variables?
Hi I'andorra,
I nearly have it working as expected except for the conditions, I was trying to use Idicator rise and indicator fall, but it seems to be missing trades.
The conditions i want to meet to trigger a trade is the 14SMA line needs to be rising along with the 4SMA needs to to be rising as well. i had them set to Candle to rise =1 and value to rise =1, i am not sure if i am using this correctly or not?
As to variables, i will be watching as many of your videos on youtube to learn more.
Happy for any help you may like to pass my way.
Kind regards
Geoff -
Ok. We can try to build it here from scratch, but I can tell you you will have to be patient. That cannot be done in one take.
did you modify the last version you shared here?