EURUSD

i missed trading this big red boner today

Crete

Retest to 99++ below for a hard bounce off the weekly reaction zone and top of those Monthly candle bodies?

EU below weekly open and 0939 high. A break of the last could be a surprise for the bears, so watch out todays volatility, because of the ECB meeting.

Yea, ...I think it s headed to 1.0940~ . And then what ? Will it reverse there or not ...???

It s a $ making decision there. . . .

We know it's oversold, chances are that if there's a hike in interest rates coming (contrary to what they have been saying) this can be very bullish.

Anyone doing technical analysis for the next few hours is brain-dead.

The bears have some hours, before ECB and they have to protect, or get their loss, if the EU decides to visit the next resistance level/s. How many pips will EU fall until the event, I don't know!

Dollar is strong, but some words out of Lagardes mouth may prove hawkish and EU can reach 1100 and above, before it stops to rethink whats happening. I will better stay out and watch the game.

JY ... Going long here.

Man, this is the reason E. is going up . They know she will say something hawkish. They buy the rumor and they will SELL the fact. ...

I’m waiting to sell all rallies after Easter. I don’t think that the ECB will be hawkish, but EUR will rally, only to be sold again.

have fun and enjoy the holidays

I have been trying to add trailing stop on this ea since coupe days ago but I couldn't figure out the correct syntax of the trailing stop and the right way to, can somebody help me add trailing stop of 20pips on this expert advisor code.
I will be glad if you can signify where I need to put the syntax and the syntax that needed to remove from the code.

//+------------------------------------------------------------------+
//| Shigosag MA.mq4 |
//| Copyright 2022, MetaQuotes Software Corp. |
//| https://www.mql5.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2022, MetaQuotes Software Corp."
#property link "https://www.mql5.com"
#property version "1.00"
#property strict
//--- input parameters
extern bool UseEntryToExit=true;
extern bool TradeEnabled=true;
extern int Slippage=2;
extern int MAFastPeriod=7;
extern int MAFastShift=0;
extern string MAFastMethod="Simple";
extern string MAFastAppliedPrice="Close Price";
extern int MASlowPeriod=13;
extern int MASlowShift=0;
extern string MASlowMethod="Simple";
extern string MASlowAppliedPrice="Close Price";
extern double LotSize=0.01;
extern int StopLoss=30;
extern double TakeProfit=0;
extern int TrailingStop=20;
extern int MaxSpread=7;
extern int TimeHour=23;

//Functional variables
double ePoint; //Point normalized
bool CanOrder; //Check for risk management
bool CanOpenBuy; //Flag if there are buy orders open
bool CanOpenSell; //Flag if there are sell orders open
int OrderOpRetry=10; //Number of attempts to perform a trade operation
int SleepSecs=3; //Seconds to sleep if can't order
int MinBars=60; //Minimum bars in the graph to enable trading
//Functional variables to determine prices
double MinSL;
double MaxSL;
double TP;
double SL;
double Spread;
int Slip;

//Variable initialization function
void Initialize(){
RefreshRates();
ePoint=Point;
Slip=Slippage;
if (MathMod(Digits,2)==1){
ePoint*=10;
Slip*=10;
}
TP=TakeProfit*ePoint;
SL=StopLoss*ePoint;
CanOrder=TradeEnabled;
CanOpenBuy=true;
CanOpenSell=true;
}

//Check if orders can be submitted
void CheckCanOrder(){
if( Bars<MinBars ){
Print("INFO - Not enough Bars to trade");
CanOrder=false;
}
OrdersOpen();
return;
}

//Check if there are open orders and what type
void OrdersOpen(){
for( int i = 0 ; i < OrdersTotal() ; i++ ) {
if( OrderSelect( i, SELECT_BY_POS, MODE_TRADES ) == false ) {
Print("ERROR - Unable to select the order - ",GetLastError());
break;
}
if( OrderSymbol()==Symbol() && OrderType() == OP_BUY) CanOpenBuy=false;
if( OrderSymbol()==Symbol() && OrderType() == OP_SELL) CanOpenSell=false;
}
return;
}

//Close all the orders of a specific type and current symbol
void CloseAll(int Command){
double ClosePrice=0;
for( int i = 0 ; i < OrdersTotal() ; i++ ) {
if( OrderSelect( i, SELECT_BY_POS, MODE_TRADES ) == false ) {
Print("ERROR - Unable to select the order - ",GetLastError());
break;
}
if( OrderSymbol()==Symbol() && OrderType()==Command) {
if(Command==OP_BUY) ClosePrice=Bid;
if(Command==OP_SELL) ClosePrice=Ask;
double Lots=OrderLots();
int Ticket=OrderTicket();
for(int j=1; j<OrderOpRetry; j++){
bool res=OrderClose(Ticket,Lots,ClosePrice,Slip,Red);
if(res){
Print("TRADE - CLOSE - Order ",Ticket," closed at price ",ClosePrice);
break;
}
else Print("ERROR - CLOSE - error closing order ",Ticket," return error: ",GetLastError());
}
}
}
return;
}

//Open new order of a given type
void OpenNew(int Command){
RefreshRates();
double OpenPrice=0;
double SLPrice=0;
double TPPrice=0;
if(Command==OP_BUY){
OpenPrice=Ask;
if(!UseEntryToExit){
SLPrice=OpenPrice-SL;
TPPrice=OpenPrice+TP;
}
}
if(Command==OP_SELL){
OpenPrice=Bid;
if(!UseEntryToExit){
SLPrice=OpenPrice+SL;
TPPrice=OpenPrice-TP;
}
}
for(int i=1; i<OrderOpRetry; i++){
int res=OrderSend(Symbol(),Command,LotSize,OpenPrice,Slip,NormalizeDouble(SLPrice,Digits),NormalizeDouble(TPPrice,Digits),"",0,0,Green);
if(res){
Print("TRADE - NEW - Order ",res," submitted: Command ",Command," Volume ",LotSize," Open ",OpenPrice," Slippage ",Slip," Stop ",SLPrice," Take ",TPPrice);
break;
}
else Print("ERROR - NEW - error sending order, return error: ",GetLastError());
}
return;
}

//Technical analysis of the indicators
bool CrossToBuy=false;
bool CrossToSell=false;
void CheckMACross(){
CrossToBuy=false;
CrossToSell=false;
double MASlowCurr=iMA(Symbol(),0,MASlowPeriod,0,MODE_SMA,PRICE_CLOSE,1);
double MASlowPrev=iMA(Symbol(),0,MASlowPeriod,0,MODE_SMA,PRICE_CLOSE,2);
double MAFastCurr=iMA(Symbol(),0,MAFastPeriod,0,MODE_SMA,PRICE_CLOSE,1);
double MAFastPrev=iMA(Symbol(),0,MAFastPeriod,0,MODE_SMA,PRICE_CLOSE,2);
if(MASlowPrev>MAFastPrev && MAFastCurr>MASlowCurr){
CrossToBuy=true;
}
if(MASlowPrev<MAFastPrev && MAFastCurr<MASlowCurr){
CrossToSell=true;
}
}


//+------------------------------------------------------------------+
//| Expert initialization function |
//+------------------------------------------------------------------+
int OnInit()
{
//---

//---
return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
//| Expert deinitialization function |
//+------------------------------------------------------------------+
void OnDeinit(const int reason)
{
//---

}
//+------------------------------------------------------------------+
//| Expert tick function |
//+------------------------------------------------------------------+
void OnTick()
{
//---
//Calling initialization, checks and technical analysis
Initialize();
CheckCanOrder();
CheckMACross();
//Check of Entry/Exit signal with operations to perform
if(CrossToBuy){
if(UseEntryToExit) CloseAll(OP_SELL);
if(CanOpenBuy && CanOpenSell && CanOrder) OpenNew(OP_BUY);
}
if(CrossToSell){
if(UseEntryToExit) CloseAll(OP_BUY);
if(CanOpenSell && CanOpenBuy && CanOrder) OpenNew(OP_SELL);
}
}
//+------------------------------------------------------------------+

https://www.fxcm.news/au/2022/04/14/...-ahead-of-ecb/

That is SOOOOOO typical of Forex and it takes many people years to understand.

EUR/USD is still in a bear trend; right now it is in a pullback and hopefully it will reach 1.10XX before the plunge.

So far so good . . . .

JY --- 3 good longs here, too. So far so good .

When does the FOREX close and reopen ???

Brilliant

downtrend has resumed. Changing to long swing for a while

Whew what a crazy week! Closed the bad timed trade on EU now i will ride these shorts as long as i can. ECB couldn't help the Euro, and the direction remains down fundamentally.

Btw it's been a year since i joined this forum. Came here back in April 2021 now it's 2022! This is also my 2,700th post! I am very happy that i get to celebrate my first year here with winning trades! Fun fact when i came to this forum in April 21, i was long on EU and GU, they were my first trades that i posted here and collected 300 pips from each! Now i am short on those pairs, collecting 300 from EU and 100 from GU!

I have had good times and bad times, but after a year full of crazy events such as Delta, Omicron variants, Collapse of Evergreen and Chinese stock market, Crypto & Stock market crash, Russia-Ukraine war, i feel way more wiser and motivated!

Congrats on the anniversary and thanks for contributing!