Trade Limit to x times

[zedeai2]

Hello @l-andorrà and others friends,

How to stop trade permanently once the previous 3 times consecutive profits was done, and the ea can restart to trade on next timing entry?

Let Say :
1st order = closed profit
2nd order = closed profit
3rd order = closed profit

so on next New timing signal : new order

How to create the block structure?

Sorry I don't have any sample project because I have no idea yet

Thank you!

[TipsyWisdom]

@zedeai2

at the top of the structure, you could limit the passes to 3 with a counter block

[zedeai2]

@tipsywisdom Hello, which block type should I use to limit it?

[TipsyWisdom]

[zedeai2]

@tipsywisdom so which one is the best to be used? Seems it's similar :
-counter pass n times, or
-count n, then pass?

Thank You

[zedeai2]

@tipsywisdom Is this structure correct? Because it's not working as my expectation

Thank you

[TipsyWisdom]

sorry you said 3 consecutive profits, finding another solution.

[TipsyWisdom]

[TipsyWisdom]

then just specify the buy and or sell blocks.

Now you can then define when to turn them back on with the Turn ON blocks

[zedeai2]

@tipsywisdom Hello,

Do you mean like this structure?

[zedeai2]

@tipsywisdom something like this?

-->then just specify the buy and or sell blocks?
-->Now you can then define when to turn them back on with the Turn ON blocks?

[TipsyWisdom]

I wouldn't turn the on the blocks with the untrue conditions. it would more or less defeat the purpose of the blocks being turned off almost.

I just mean....im not sure why you intend to turn them off after only 3 consecutive wins, but you must want to turn them back on at another time?

[zedeai2]

@tipsywisdom Hello,

I am not my this structure is correct, that's why I am asking it.

I just mean....im not sure why you intend to turn them off after only 3 consecutive wins, but you must want to turn them back on at another time?-->Because sometimes the reversal condition is happen once the 3 consecutive wins. Let say if I have 3 consecutive wins (SELL), then I don't want to open new SELL order (4th order) on bottom / reversal condition

[TipsyWisdom]

@zedeai2

How do you know there won't be 7 consecutive wins sometimes and other times it will be 2?

[TipsyWisdom]

Im saying that people will normally stop themselves from trading the remainder of a day for instance after reaching a profit target. They will turn off all blocks from trading. Then 30 minutes after midnight they will be turned back on so that the trading can continue.

At this point you have only asked how to turn off blocks. Do you plan to turn them again too? At what point is that? What logic will you use to say...its ok to trade again?

By time of day? By a certain trading condition? A certain "trend" up or down?

[zedeai2]

@tipsywisdom Hello,

At this point you have only asked how to turn off blocks. Do you plan to turn them again too?-->yes, by certain trading condition

Thank You

[TipsyWisdom]

@zedeai2 alright. @ me if you need anything else!

[zedeai2]

@tipsywisdom Hello,

Sorry for late reply. Honestly, I don't understand it yet. Do you have a sample to show the block structure as my explanation? Let say the reset is based on certain condition / block condition

Thank you