Posts made by roar

@biztet said in How to skip 1st trade signal?:

wouldn't it be like hedging then?
i did like you guide me to but some part its hedging,

Well, I dont know your strategy and what kind of system you want to build.

and no trade when macd level below 0.
but when i change 1 block with condition < 0, no trade at all.

I designed the system this way. You must somehow tell the computer when a new series of trades begins. The code doesnt understand if you just say "first trade", there is only one first trade in all eternity. I solved this by setting the > 0 rule, but there are other options as well.

@biztet To get sell trades, just replace the buy block with sell block and leave other blocks as they are.
To make sure everything is copied 1:1, you can use 2 browser tabs and literally copy-paste the blocks all at once.

@seb-0 I'm glad you got something out of it!

I'm just stating the general theory - the market is usually fairly priced, and only the fastest (and smartest) can profit from steering the market to the right direction. The market needs those guys for the price discovery: https://www.investopedia.com/terms/p/pricediscovery.asp

How this is done in practise - there is surely many ways and I'm not gonna pretend I know every one of them.
One way is through mql4 and backtesting, but the institutionals probably have something more optimal

@seb-0 I made that topic as some sort of collaborative project, but people seemed to just trade it without realizing its risks. I don't want to mislead anyone, I did put kind of a clickbaity title for it...

The correction: A truly profitable buying opportunity means that the fair price is above the current price. The people who know about this "mispricing" will generate increased demand (by buying) which drives the price towards the fair level again.
I think most of those "people" are institutionals, as they have the best statistical models to find these pricing anomalies.
(Of course Fxdreema gives some chance for us as well)

@biztet ah, I see. That case is simplier:
https://fxdreema.com/builder/shared/09jozbiRd

https://fxdreema.com/builder/shared/Ywd5JdNdb

This one buys the 2nd and later crosses when 1st cross has happened after 15 candles of negative macd.

@biztet Ok, so to formalize the problem:

• if macd has been rising or falling for n continuous bars, dont trade cross
• if macd has been rising or falling for less than n continuous bars, trade the cross

@biztet what do you mean by first signal? The first trade when you run a backtest?

Or do you mean to skip the crossing candle and only trade when its confirmed?

Generally, markets are efficient and there are no obvious methods to make riskless profit. If someone does find an inefficiency and they publish the finding, the market will correct itself and become fully efficient again.

This is why you will not find a public profitable EA. If you manage to make a truly profitable EA, there is a limited amount of profit you can make with it. It's not very sensible to give this profit away for others, for free.

@jxlibin1987 Calculate "AccountBalance()*0.95" each day and compare that to current balance before making trades:
https://fxdreema.com/shared/DEQKwXD6d

@fabiobioware Yeah, looks better!

How can you "close positions" when there is "no position"?
You might want to use filter here:

This makes things repeat

Did I understand:

• you trade x number of different pairs
• you want to have max 1 active trade all times
• open trade when one pair goes to the other direction than the rest? How do you compare the directions? The pairs are not always formulated the same way (USDJPY goes up and EURUSD goes down when the dollar gets stronger)!

@l-andorrà said in Lot Size Fibonacci:

Ok. Now I catch it. But why calculating it every 3 ticks?

He wanted increase every 3 trades. Note that the tick filter doesn't count each "market tick", because it is not on top.
It only counts when the block is able to run its code

@cheaponreay01 Here's with the buy block and filter for 3's:
https://fxdreema.com/shared/nxE9VYbyc
@l-andorrà It depends whether you iterate before or after trade

@trader-philipps Strings are not my strong suit, but maybe this setup helps:
https://fxdreema.com/shared/MJqQThQO
Idea is to use substring function to extract the symbol out, using stringfind to find a starting point.
https://docs.mql4.com/strings/stringsubstr
https://docs.mql4.com/strings/stringfind

@cheaponreay01 Make these variables:

Now you can generate fibo numbers with this piece:

https://fxdreema.com/shared/pS0K9GwD

@seb-0 A compiler compresses human code (mql, ".mq5") to machine code (hexadecimal, ".ex5").
You can't reverse that process

@trader-philipps How do you check the TP2 level?
Directly from the chart object (price > object --> partial close)?
If so, you could just delete the line or rename it, so the loop can't find it anymore and it can't be executed anymore..