DislikedI will test this week using a PVS, on Friday I present the resultsIgnored
- Joined Jun 2012 | Status: Trader , Analyst and Mentor | 5,190 Posts
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The Price is Right: Trading Price Action 219 replies
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DislikedI have seen some loss recovery EA's that use trading zones and multiple lots to recover losses. I have my own ideas I would like to try out so I have decided to build my own EA. This in itself will be quite a task! I was hoping someone would be kind enough to explain to me, or better yet, point to a snippet of code that will enable me to calculate the breakeven point of multiple buys and sells on a single currency pair. If I'm short 1 lot and price goes against me x amount of pips, I hedge...Ignored
DislikedD.S do you have an email? I would like to get in contact with you.Ignored
Disliked{quote} Below code calculates your profit in pips. When it is greater than zero you can say you are in profit or breakeven. Parameter which it take is the type of trade which you want to deal with. double Profit(int d)//1-only buy 2-only sell 3- all trade { double tp=0, open=0, lot=0; total = OrdersTotal(); double num=0, _Lot_Size_O = MarketInfo(Symbol_Name,MODE_MINLOT); for( i=total-1;i>=0;i--) { if(!OrderSelect(i, SELECT_BY_POS)) continue; if(OrderMagicNumber() != Magic || OrderSymbol() != Symbol()) continue; open = OrderOpenPrice(); lot = OrderLots();...Ignored
DislikedPRICE ACTION EXPERT ADVISOR I have started creating an EA which uses no indicators, will work completely analyzing current price action and understanding market sentiments. Though it sound impossible, i want to give it a try. If i succeed in creating it then it may become the most powerful EA to exist with retail traders. Its not easy, I had to master price action myself and convert my style in terms of language. I accepted the challenge as at the end it will increase my trading style exponentially. Reading price bar by bar and then interpreting...Ignored