Posts made by JRod78

Has anyone got an example of how this is actually applied? If you have a collection of blocks leading to a buy/sell block, do you just put this one at the top?

I always get tied up and confused when trying to calculate TP or SL based on calculation of price or pips. I never know whether I should be using price or pips in the calculation blocks.

Say for example I want to set my TP as 50% of the distance between two points on a chart. I calculate the difference between the two points as a price fraction (eg. 0.0015). How do I then calculate the TP based off this? I also want to make sure that it works with Yen pairs as well, so don't want to multiple by 10,000.

Nevermind, figured it out with the For Each Closed Trade block. I just had an error with a Numerical vs pips calculation.

Hi. I want to create a new pending order x pips away from where the last trade hit its take profit. I have tried using "On Trade" with a "Trade closed" block, however it doesn't seem to read it. I have also tried creating a For Each Closed Trade block, but again, it doesn't seem to register. Is there an easy way to do this?

Hello

I have imported an indicator, but not 100% sure I have done it correctly. The EA I built with it doesn't act exactly as I expect it to, so I suspect I have got something wrong. The variables are as follows:

The first two I think are int variables (based on the '123 on the far left), however they are in a drop down box. Does the first item represent 0 or 1 when converted to integers?

Do I need to do anything special with these variables in the ennum section, or can i just enter them as variables, (noting I'm not planning to change any of these).

Any help is appreciated.

@roar The issue is not so much as the usefulness of the news filter in creating a profitable strategy, it is more about being able to actually trade the strategy with a prop firm where you can really add scale to your trading.

I don't care about news events either in my algo trading (different story when I'm manually trading futures). Most of my EAs are designed to trade with small positions that aren't severely impacted by volatility generated by scheduled news events.

I will have a look at it. On first glance, one thing you might consider is a number of bars that the RSI test is valid for before you get your MA cross for entry.

I can't figure out what I'm doing wrong here. I only want to enter a subsequent trade if it is losing by a certain amount, however it just enters hundreds of trades right on the original trade price.

https://fxdreema.com/shared/UxoCWEzQc

Yes, however I was thinking more about plug and play modules or components that you could quickly add to any project you are working on.

It would be great if we could utilise parts of EAs that we have built and import them into other projects. For example, you may have a particular approach to managing trades that you want to incorporate into different Expert Advisors. It would be good if you could import all of the blocks and variables easily from a repository of templated sections. Even better if this could be a community repository where users could upload sections for use by other traders.

I have used the Buy and Sell Pending orders in a Grid and it places Sell orders below the price and buy orders above the price, however I want this reversed. Is there an easy way to do this, or do I need to place the Pending Orders individually?

I know this has been discussed in the past, but seems like previous solutions no longer work? I really need to build a news filter into one of my EAs which I want to use in a Prop Firm challenge. I need to be able to close trades and stop trading during high volatility news events.

I don't really understand how the Pips away from Open Price works - "Trading Model" suggests that it checks if the price is 10 pips ABOVE the open price for a buy, Double Sided could be either and "Chart Model" looks like it is ABOVE for either buy or sell.

If I want to enter ONLY if the price is 10 pips BELOW the price for a buy, sShould I just use the Trading model and enter a negative number as the input?

I have a block for No Trades/Orders, followed by a block for Check Trades Count ==0, and the EA seems to just ignore them and continue to take new trades.

I can't figure out where I'm going wrong here. I am trying to create a simple hedging EA that calculates the lot sizing for each subsequent pending order to ensure profit if it gets to the TP. It is only supposed to make one initial trade (hence the "No Trade or Order" block, however it keeps making more and more trades and adding more and more pending orders to each one.

https://fxdreema.com/shared/aPZ53w4Yc

An thoughts would be appreciated.

Hey Guys. I have done a fair bit of EA building with FX Dreemer and other software in the past, however it has been 2-3 years since I've done any algo trading.

What is the best way to debug an EA you have built in fxdreemer? I have built something that I think should work (noting it has been a while!), however when I try to backtest in MT4 it doesn't take any trades. How do I best debug where the logic is falling down?

Thats very useful, thanks Miro.

On using ths Period() function, could I then use this to specify the number of minutes to close. So if I'm on a daily timeframe and want to close after one bar, I would have expire in 1440 minutes (i.e. Period())?

The check age block still requires us to input how many minutes, hours or days. The problem is that this will be different depending on whether I am running the system on a M5, H1 or D1 timeframe. Is there a way to close a trade on the open of a new bar (without preventing you from potentially opening another trade at the same time).

Is it possible to add a block, or include in the buy and sell blocks, the option to exit after n bars? At the moment, all you can do is specify a time to expire, or a number of days, hours, minutes etc to expire. This makes it really difficult to move between timeframes. It would be much simpler if you could just specify that you want to exit the trade at the end of the current bar, or in 5 bars time.

Thanks

JRod