Posts made by roar

@swissi this is just a wild guess, but the warning maybe considers the difference between double and int data types...
Try changing your double variable to int, maybe it does the trick

@swissi
"possible loss of data due to type conversion" is not an error, just a warning.

@ikarus_ said

Just one thing from the moment the candle close was above the tenkan sen Line it should always close above.

So the condition is "each of last 30 candles are above tenkan-sen"?
Then use the loop to try and find a candle that doesnt meet the condition -> now set your tracking variable to FALSE. The logic flow continues to next stage only if the variable keeps its TRUE value throughout the whole loop. Hope you get what I mean...

Also the Loop conditions have to always be on Tick right?

Not necessary.. As long as you can activate the loop (using OnTick, OnTrade, OnInit, whatever), it will surely do its thing.

@ikarus_ all right, here is an example of two loops. The example goal is to first find some candle above tenkan-sen line in the last 30 candles, and then find some candle below moving average in the last 30 candles.

There is probably something weird-looking here, just ask
https://fxdreema.com/shared/iiAq2ApF

@ikarus_ you need a loop, every programmer's best friend.
And to operate this loop, you have to use variables.
Are you familiar with variables?

@khalids222 so the EA will buy every new tick, as long as current candle is bullish?
Otherwise my example should be pretty close

@kizerage212 hedge accounts will not close the trades. The system relies on the netting method - new buys close old sells and vice versa. There is no other exit method specified.

@khalids222 I dont understand what you mean by stopping or reversing from buy to sell, how should the EA know the turning point...

@khalids222 the system does stop opening when price comes back i.e. it only trades when the candle makes a new extreme

@biztet @danzadrummer that is so kind, thank you

@khalids222 I think something like this is close to what you want:
https://fxdreema.com/shared/zbecete9e

There's going to be problems, though.

• Brokers have a limit of total open orders, usually 150-200
• Most of price movement is consolidation in place, meaning you will have lots of both buys and sells in loss.

I do get a lot of requests, and I have to postpone and then I forget some of them...

@bhovens not a very simple one, but I got a method:
https://fxdreema.com/shared/ZlIOMdTvc

@danzadrummer weird. Does the trailing stop look like this

@ramisignals said in EA dump:

This one with no SL it will margin the account

As I said, its for a netting type account. No need for SL (or TP), as long as your lot amounts are sensible.
https://hercules.finance/faq/what-is-netting-system-on-mt5-trading-platform-how-does-it-work/

Here's the project: https://fxdreema.com/shared/YtCrSX5qb

This only works on mt5 with netting accounting.
I will not convert this to mt4, or even mt5 with hedging accounting, because:

• I'm feeling lazy
• I really recommend you to use mt5 with netting. Very often someone asks here in forum to calculate average entry, or close buys and sells together. Netting account does this automatically -> your EA developing is much more simple, multiplying your chances of success.

I'll continue to add some filters or otherwise fine-tune this system, may inform here or not.

A simple scalping EA idea in case anyone is interested.

Lets compare the difference between 13-ATR and 13-Standard Deviation on EURUSD M30 chart.
When STD is significantly below ATR, market is making large candles but not moving anywhere.
Here's our opportunity to switch to 5-minute chart and buy/sell using fast RSI.


Backtest from 2007 yielded surprisingly good result for such a basic system.

@biztet I did a quick backtest, seems to work - go ahead

@l-andorrà @biztet lol

@danzadrummer We can use mql4 function AccountBalance() in the trailing stop settings, maybe that does the trick:
https://fxdreema.com/shared/0R74W0tMc

You can insert constants to drop-down menus just like plain fields, by right-clicking:

However, the drop-downs are usually some specific data type, so you have to do some googling
https://www.google.com/search?q=mql4+color+datatype&oq=mql4+color+datatype&aqs=chrome..69i57j33l3.9319j0j7&sourceid=chrome&ie=UTF-8
->
https://docs.mql4.com/basis/types/integer/color
->
https://docs.mql4.com/constants/objectconstants/webcolors
->
The datatype is integer, and the colors have their own codes, clrRed for example.

@bhovens said in example: For each trade:

close the first and last trade, when profit is 5 for both first and last trade

What do you mean, exactly?
First trade profit + last trade profit >= 5 ?

Currently there is no AND logic, the EA just closes first trade OR last trade whenever one of them is $5 in profit.

If you do want this AND logic, here's a method to do it with two variables; firstprofit and lastprofit:
https://fxdreema.com/shared/yoGXk7TYd