Posts made by Ipod

@l-andorrà Not sure to be honest, but I have been researching indiators a lot lately and ROC is mentioned by a lot of people especially for avoiding ranging markets but it's not something I have personally tried as its a custom indicator. I was just throwing ideas out

Every 60 seconds it runs the blocks within the timer section.

You could use "ROC Rated of Change" indicator or a pair of envelopes

@Ipod No worries thanks

Hi

Trying to make an expanding grid calculation, but i need to calculate to the power of (number of trades) and cannot figure out if its possible in fx dreema.

For example, expand grid by 1.3 each trade, so 5 trades. So grid 100 x (1.3^5) = 371

Thanks

Set your constants start_time and end_time to 15:00 and 18:00 or 15 and 18.

I believe its 24 hours so 0 - 24

Hi

I'm trying to count the max drawdown over time in currency of a group of trades. For instance, i will run multiple pairs on an account but I want to have a counter on each pair bottom left to display the max drawdown it has achieved seperatly on each pair.

If anyone could push me in the right direction I would appreciate that, having a brain fart. So far I am only capturing one trades max dd.

Thanks

Variable "Equity Drawdown Count" = 0
1 - If "loop trades" profit is < than "Equity Drawdown Count"
2 - Print profit to "Equity Drawdown Count"
3 - Print comment "Max Drawdown" from "Equity Drawdown Count"

https://fxdreema.com/shared/D9m6Efz9

I suggest you learn from either Boxxocodes youtube or start going through the tutorials on the forum.

https://www.youtube.com/@Boxxocode

https://fxdreema.com/instructions

https://fxdreema.com/howto

@Ipod You're gonna have to do some leg work my man

This is my method of using Daily Drawdown (in percent) which then closes all trades and prevents further trading until the next day. Many users have unknowingly helped me along the way so here is a small gift back to anyone who may find it useful. This really comes in three parts.

1: on Init - Run daily drawdown calculation (used when you apply the EA to a chart, otherwise the calc wont grab)
2: Once per day, run daily drawdown calculation and turn on trading (block 1)
3: On tick - Check equity if equal or below balance calc, close trades and turn off trading (block 1)

There are some extra options in my setup, a counter so you can visualise daily drawdown hits in testing and also terminate terminal (if set to true). You can modify this to work as max profit for the day also.

https://fxdreema.com/shared/fcxGpeNKd

Max Daily Drawdown.mq5

Below is something I use for Max Daily Drawdown, you could modify this to work on stopping your EA on profit instead. Turn OFF BLOCK 1 is a block at top of my Buy / Sell string and then on the next day a new balance is taken and BLOCK 1 is turned on again.

It should be pretty simple to modify this to work once equity goes above your specified value.

Below is my calculation for Daily Drawdown Cut Off:

Assume balance is 100k
Balance x (drawdown in percent / 100)
100,000 x (3.5%/100) so 100,000 / 0.035 = 3500
Balance - max drawdown previously calculated
100,000 - 3500 = 96,500
Turn Block 1 on (allows trading, if previously stopped)

Drawdown Check Condition on the right side.

Account Equity <= (equal or lower than previous calculation) 96,500
Close trades
Turn block 1 off (prevents new trades opening

Thanks for sharing, I see you have made good use of boxxocode's videos well and made a nice base platform.

This has been arnswered well in this post already. You should be able to make progress by studying that some more, simple enough when you get the hang of it.

https://fxdreema.com/forum/topic/16167/easy-way-to-make-enum

Looks like your constant is set wrong, your conditions are requesting 0 and 1 as identifiers so change your "exit_mode" from "fixed" to a "0" or "1".

Also no spaces in your "exit_mode_list" make it so it is like this "{fixed,break_even,trailing_stop}

@ambrogio You know I've read the examples many times but not correctly it would seem, excuse my ignorance and thank you for highlighting that.

Does this style not work?

Hi

Just a quick one, the way my blocks are would Buy order block run first in completion, then order Sell block and third commen block as they are 1, 2 and 3.

Or do I need to have the first Order Buy block to go 1, 2, 3, 4, 5 etc to function correctly.

Thanks in advance.

https://fxdreema.com/shared/xIDvlRPqd

or alternatively do they need to be like this?

Thanks bro, took a while to figure it out but I got it working

How are you implementing this code, it does not work for me. Then again I am using mt5. Manage to get the link below work but if I can do this all without using the custom block feature that would be better.

https://fxdreema.com/forum/topic/13058/custom-max-formula

Thanks, you are very helpful and active here, its a shame because I initially thought as it is collecting the data in that block anyway I would be able to just ping it to a comment somewhere.

Probably will just have to do some back testing and see if it functions correctly. Thanks again