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STOP and Reverse

  • #21
  • May 23, 2016 12:05pm May 23, 2016 12:05pm
Still do not comprehend!
I am too slow
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #22
  • May 23, 2016 12:16pm May 23, 2016 12:16pm
Quoting TooSlow
Still do not comprehend! I am too slow
see the video

ps i have only been testing this form last monday
  • #23
  • May 23, 2016 1:05pm May 23, 2016 1:05pm
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD STOPREV2.png Size: 105 KB



will back tomorrow
  • #24
  • Edited May 24, 2016 3:02am May 23, 2016 11:56pm | Edited May 24, 2016 3:02am
Attached Image (click to enlarge)
Click to Enlarge Name: OctaTraderstoprev2test.png Size: 104 KB

PROFIT £9.20

Looking for new trade.
Attached Image (click to enlarge)
Click to Enlarge Name: SAR1.png Size: 93 KB



.
The trouble is I don't want to buy eur/usd because I believe the Euro is going to go down against the US.
It will crash if Great Britain leaves Europe.
  • #25
  • May 24, 2016 8:37am May 24, 2016 8:37am
Attached Image (click to enlarge)
Click to Enlarge Name: sar2.png Size: 108 KB
  • #26
  • May 24, 2016 9:12am May 24, 2016 9:12am
Attached Image (click to enlarge)
Click to Enlarge Name: sar3.png Size: 112 KB
  • #27
  • May 24, 2016 9:59am May 24, 2016 9:59am
Attached Image (click to enlarge)
Click to Enlarge Name: sar4.png Size: 112 KB
  • #28
  • May 25, 2016 11:57pm May 25, 2016 11:57pm
Attached Image (click to enlarge)
Click to Enlarge Name: SAR1.png Size: 106 KB
  • #29
  • May 26, 2016 12:20am May 26, 2016 12:20am
Attached Image (click to enlarge)
Click to Enlarge Name: sar3.png Size: 112 KB
  • #30
  • May 26, 2016 6:43am May 26, 2016 6:43am
Attached Image (click to enlarge)
Click to Enlarge Name: SAR5.png Size: 112 KB
  • #31
  • May 26, 2016 7:35am May 26, 2016 7:35am
Attached Image (click to enlarge)
Click to Enlarge Name: SAR7.png Size: 108 KB
  • #32
  • Jun 2, 2016 7:31pm Jun 2, 2016 7:31pm
Here is an EA to match this specification - very little testing so far, but I've seen it do eveything it should once on a forex pro demo account on M1:
http://www.forexfactory.com/showthre...69#post8925169
You've indicated you want 2 lines, but lets get this one working before making that kind of a mod.
Click on text to change display.
Order State: 1) Close and Reverse On - Close existing order and make a reverse new order. If no existing order, just open a new one, 2) Close Only - existing order will close, but no new order will be made, 3) Off - do nothing.
Trade Amount: Allows entry of Margin Percent to use, and shows how many lots that will buy.
"BUY NOW", "SELL NOW", "Close Now": Press the buttons to perform the action - EA only allows one active order.
Order Status: Shows status of ticket for the EA. Click to turn Control Info on and off - only purpose for Control Info is to see the EA operate.
Attached Image (click to enlarge)
Click to Enlarge Name: Redfan Close and Reverse.jpg Size: 132 KB
Attached File(s)
File Type: mq4 Close_and_Reverse_Redfan.mq4   55 KB | 389 downloads
  • #33
  • Edited 7:16pm Jun 8, 2016 6:56pm | Edited 7:16pm
I've fixed a couple errors:
- Fixed "OnSide", versus "OnCross".
- Made the use of stop loss always use Buffer Points (when the stop loss line and the EA line are on top of each other, it can be difficult to grab and move the ea line).
- The text of the EA line shows the number of points and the amount you will loose when hitting it as a Stop Loss value - in AccountCurrency. There is a new Currency Conversion variable (property) to adjust the decimal position if your currency is not dollars.

I have had no trouble inputting various percent margins to use and opening orders with various lot sizes. If that is an ongoing problem, please look at text in the Experts and Journal tabs in MT4 and tell me what error is displayed. The tool should be setting the order lot size in multiples of MINLOT.
I might (or you might try), changing the way lots are calculated to use the one commented out:
/*int minLotsCount = marginToUse/smallestPurchaseMargin;
lotsInMargin = minLotsCount*smallestLotPurchase;
*/
lotsInMargin = NormalizeDouble(marginToUse/costOfaLot,2);
Attached File(s)
File Type: mq4 Close_and_Reverse_Redfan.mq4   58 KB | 402 downloads
  • #34
  • Jun 8, 2016 8:14pm Jun 8, 2016 8:14pm
Quoting redfan
The market looks like it is going sideways to day. I have not had much luck with my 3 pairs. I can't seem to get my yellow lines in place because the market is going sideways. Profit for the day was 18.46 and loss for the day 58.22 equals 39.76 loss. Hoping for better luck tomorrow.
You have picked 3 of the hardest pairs to trade. There are much easier pairs to trade. Trading is hard enough without making it harder for your self.
Without having an understanding of down, you can never appreciate up.
  • #35
  • Edited 8:31am Jun 9, 2016 5:35am | Edited 8:31am
Quoting lukeb
I've fixed a couple errors: - Fixed "OnSide", versus "OnCross". - Made the use of stop loss always use Buffer Points (when the stop loss line and the EA line are on top of each other, it can be difficult to grab and move the ea line). - The text of the EA line shows the number of points and the amount you will loose when hitting it as a Stop Loss value - in AccountCurrency. There is a new Currency Conversion variable (property) to adjust the decimal position if your currency is not dollars. I have had no trouble inputting various percent margins...

Hi lukeb

I've just gone through the new EA and check the stop and rev lines they are all working okay.
But when I change the lot size it will not change.
I must be doing something wrong could you have a look at the video.
Sorry for wasting your time.


Inserted Video
  • #36
  • Jun 9, 2016 8:20am Jun 9, 2016 8:20am
Quoting anonymousey
{quote} You have picked 3 of the hardest pairs to trade. There are much easier pairs to trade. Trading is hard enough without making it harder for your self.


could you give any suggestions which are the best pairs to trade.
I only picked those three pairs because they have a low spread.
  • #37
  • Jun 9, 2016 7:39pm Jun 9, 2016 7:39pm
Quoting redfan
{quote} Hi lukeb I've just gone through the new EA and check the stop and rev lines they are all working okay. But when I change the lot size it will not change. I must be doing something wrong could you have a look at the video. Sorry for wasting your time. https://www.youtube.com/watch?v=oiQKPvcGvBI
Its not u - something is definately not working. I expect I'll test it during market hrs tomorrow and Sunday evening, hopefully get a fix.
I never tested by changing the property value - just by typing a number in the entry box.
  • #38
  • Jun 10, 2016 12:33am Jun 10, 2016 12:33am
Quoting lukeb
{quote} Its not u - something is definately not working. I expect I'll test it during market hrs tomorrow and Sunday evening, hopefully get a fix. I never tested by changing the property value - just by typing a number in the entry box.

Hi lukeb,

Thank you for getting back to me so quickly.
And thanks again for all your hard work and time.
Let's hope we can get it running next week.
  • #39
  • Jun 10, 2016 9:50am Jun 10, 2016 9:50am
Here is a version where the Lots are entered, versus the percent of available margin to use to buy lots. Hope that works.
Attached File(s)
File Type: mq4 Close_and_Reverse_Redfan.mq4   56 KB | 522 downloads
  • #40
  • Last Post: Jun 10, 2016 3:22pm Jun 10, 2016 3:22pm
Quoting lukeb
Here is a version where the Lots are entered, versus the percent of available margin to use to buy lots. Hope that works. {file}
Hi lukeb

ALL WORKING NOW. ALL SET FOR MONDAY.
THANK YOU .
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