RSX EA help - placing too many orders | Forex Factory

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RSX EA help - placing too many orders

  • #1
  • First Post: Jul 22, 2010 9:29pm Jul 22, 2010 9:29pm
hi
i meet a problem,i make an EA basing on RSX,but the EA gives many orders. maybe the code is wrong. this is the code:

RSX0=iCustom(Symbol(),0,"RSX",0,i+2);
RSX1=iCustom(Symbol(),0,"RSX",0,i+1);
RSX2=iCustom(Symbol(),0,"RSX",0,i);
string BUY="false";string SELL="false";
if((RSX1<RSX0)&&(RSX2>RSX1))BUY="true";
if((RSX1>RSX0)&&(RSX2<RSX1))SELL="true";

hope someone can help me.thank you very much.
yourspace
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  • #2
  • Jul 23, 2010 6:14pm Jul 23, 2010 6:14pm
I don't know actual reason. You didn't upload all of the codes, but...
- if you want to take only 1 order, count your orders with magic number.
- With your chart, it seems that ea took order when the direction of RSX did not change.
I think that there is another problem.
- You did not set any parameters with iCustom. Your RSX does not have any parameters?
  • #3
  • Jul 23, 2010 7:42pm Jul 23, 2010 7:42pm
Quoting Taiyakixz
I don't know actual reason. You didn't upload all of the codes, but...
- if you want to take only 1 order, count your orders with magic number.
- With your chart, it seems that ea took order when the direction of RSX did not change.
I think that there is another problem.
- You did not set any parameters with iCustom. Your RSX does not have any parameters?

hi taiyakixz

thank you for your help,the RSX's period is 14, i like the setting.
if i use the magic number,when direction of RSX is up,the EA opens an buy's order, but if i close the order,the EA will open another buy's order soon.
in fact,the EA must not open another buy's order,it must wait the RSX's direction to chang, then EA opens the selling's order.
but now when i load the EA and use the magic number,it will always have an order. it is not my intention. hope you can help.thank you

yourspace
  • #4
  • Last Post: Jul 23, 2010 10:31pm Jul 23, 2010 10:31pm
Quoting yourspace
hi taiyakixz

thank you for your help,the RSX's period is 14, i like the setting.
if i use the magic number,when direction of RSX is up,the EA opens an buy's order, but if i close the order,the EA will open another buy's order soon.
in fact,the EA must not open another buy's order,it must wait the RSX's direction to chang, then EA opens the selling's order.
but now when i load the EA and use the magic number,it will always have an order. it is not my intention. hope you can help.thank you

yourspace
When you use RSX with Len=14, iCustom is
iCustom(Symbol(),0,"RSX",14,0,i);
(i+1 and i+2 also must be changed)

One possible way is to set the last trade is buy or sell.
if((RSX1<RSX0)&&(RSX2>RSX1)&& lastTrade!=1){BUY="tr ue";lastTrade=1;}
if((RSX1>RSX0)&&(RSX2<RSX1)&& lastTrade!=2){SELL="t rue";lastTrade=2;}

If you make the EA to take order only when candle opens, the above modification is not needed.
EA does not open new order unless the RSX direction changes, because the direction of RSX1-RSX0 is
the same as RSX2-RSX1 except the first candle when the RSX direction changes.
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