DislikedI've started coding a mt4 ea for this.
I need to know a detail : at the beginning of the routine, do you open the 3 pairs basket at t0, then start monitoring the renko bull bars creation to add additional positions ?
Or instead, do you start with an empty basket, take a snapshot of the current renko, then only open each position according to the renko bull bars ?
See the difference ? Start with an empty or full basket ...
Thanks in advance
Edit : and for the globalTP, if we are using 0.3 lot, can you confirm the process : if equity minus balance>+20$,...Ignored
The first code we used in mt4 was very simple. It was to trigger a market order at close of a candle. With the option of forward or reverse. Meaning that if the closed candle was an up candle it will buy .... and if in reverse mode... with up candle, it will sell. Have an individual SL and TP for each order and a global TP ans SL
Also, code a ck to buy only or sell only... or you can use the "common" setting of the mt4 to have Shorts only or longs only for that.
With that code you can make infinite strategies. The math regarding lot and number of pips for each pair (renko bar size) you do in paper. There is nothing to monitor later on. You should do the calculation before hand.
At start and thereafter, the code will execute at close of bar... so they will never trigger all together. If you load the code to a 25 pips renko, it will execute with 25 pips and if in 30 renko, will execute at 30... etc.
J.
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