fxDreema

    • Register
    • Login
    • Search
    • Back to the main page
    • Categories
    • Recent
    • Tags
    • Popular
    • Search

    Help! ATR entry

    Questions & Answers
    3
    5
    2218
    Loading More Posts
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
    Reply
    • Reply as topic
    Log in to reply
    This topic has been deleted. Only users with topic management privileges can see it.
    • M
      merrilocks last edited by

      Hi,

      I am trying to set up an EA which will enter trade when candle body is larger than ATR value of previous candle. I would also like to set a Stop Loss based on half of the body size of last candle. After a number of attempts and various error messages I thought I had resolved the issues, however now the EA is entering trades randomly and immediately closing the position.

      Any help would be really appreciated. See screenshot below. 0_1486313830522_2017-02-05.png

      1 Reply Last reply Reply Quote 0
      • M
        miro1360 last edited by

        can you post shared link how are your blocks connected?

        Between trading and gambling is a very small gap, be careful.

        1 Reply Last reply Reply Quote 0
        • fxDreema
          fxDreema last edited by

          I can see you have something like this: http://prntscr.com/e4ydv6 Are you sure you want to use *1000 instead of *10000?

          Then you have this: http://prntscr.com/e4yfe8 On the left side note the word (pips). On the right side you have price level, not pips. You can't compare pips with price levels. I think you want to have on the right side something that is similar to what you have on the left side.

          M 1 Reply Last reply Reply Quote 0
          • M
            merrilocks @fxDreema last edited by

            @fxDreema said in Help! ATR entry:

            000

            Thanks for the help. Is there any way of setting this up. I essential want to enter a trade when the candle is larger than atr value?

            1 Reply Last reply Reply Quote 0
            • fxDreema
              fxDreema last edited by fxDreema

              There is a way of course. When you compare values, compare similar types of values. Compare apples with apples, not apples with grapes 🙂 And of course, if you use the Adjust field to make apples from grapes, be sure that you are using correct values.

              Or you can try to compare ATR 1 with another ATR 🙂

              1 Reply Last reply Reply Quote 0
              • 1 / 1
              • First post
                Last post

              Online Users

              M
              M
              R
              B
              Y
              T
              S

              10
              Online

              146.8k
              Users

              22.4k
              Topics

              122.6k
              Posts

              Powered by NodeBB Forums | Contributors