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    Opening Range Breakout Strategy per candle

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    • Sauce
      Sauce last edited by Sauce

      Hi,
      I've tried looking at previous forums with no success.

      Trying to create a basic Opening Range Breakout strategy on a single candle's range.

      For example: I want to trade an ORB on the 16:30 candle. I've tried to make it a pending buy order at break of the high and a pending sell order at the break of the low with an OCO trading condition that cancels the opposite order if one is activated. I would like to setup this strategy for multiple specific candles (16:30 candle is just one example of multiple candles I will use this on) which I believe I can do in the future by just adding more Time Filter conditions like my current example. Also, I keep getting a zero divide error, and I'm not sure that I've constructed this in the best possible way. Any help is great appreciated for this simple concept to work successfully, thank you!

      Shared project: https://fxdreema.com/shared/3WjG4q88e

      jstap 1 Reply Last reply Reply Quote 0
      • jstap
        jstap @Sauce last edited by

        @sauce What exactly is this not doing? You can use the on trade tab for when trade created to delete opposite pending. Personally I test each block to ensure it's doing as required so I know which block is likely to cause the problem, it's probably something simple like the time filter block.

        Learn fxDreema Without the Wait!

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        • Sauce
          Sauce last edited by Sauce

          @jstap It’s coming back with a divide zero error, is there a better way to filter time condition? Not sure why I get a zero calculation error. Thanks for your help!

          jstap 1 Reply Last reply Reply Quote 0
          • jstap
            jstap @Sauce last edited by

            @sauce This is one of those errors that comes up now and then, not sure why, Start a new project with something simple like draw arrow at set time, once this is working add to your EA.

            Learn fxDreema Without the Wait!

            My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

            The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

            Don’t miss out

            Click here➡️ https://mybook.to/fxDreema to get your copy today!

            Enjoy! 😊

            Sauce 1 Reply Last reply Reply Quote 0
            • Sauce
              Sauce @jstap last edited by

              @jstap 0_1638458311295_8514B05D-4598-4043-A466-35466507E8AC.jpeg

              I’ve tried multiple instruments and get this error. I’ve used the simple draw arrow idea before and I did work, but when actually taking trades this happens.

              jstap 1 Reply Last reply Reply Quote 0
              • jstap
                jstap @Sauce last edited by

                @sauce Now you need to strip back until you find the blocks responsible.

                Learn fxDreema Without the Wait!

                My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

                The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

                Don’t miss out

                Click here➡️ https://mybook.to/fxDreema to get your copy today!

                Enjoy! 😊

                Sauce 1 Reply Last reply Reply Quote 0
                • Sauce
                  Sauce @jstap last edited by

                  @jstap understood, that was my original question. I’m having trouble finding the error since it worked before with displaying arrows.

                  jstap 1 Reply Last reply Reply Quote 0
                  • jstap
                    jstap @Sauce last edited by

                    @sauce I am unsure then, process of elimination is your only option.

                    Learn fxDreema Without the Wait!

                    My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

                    The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

                    Don’t miss out

                    Click here➡️ https://mybook.to/fxDreema to get your copy today!

                    Enjoy! 😊

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

                      @jstap thanks for your help! I found that making one of the pending orders into an OCO itself and getting rid of the other trading action worked

                      jstap 1 Reply Last reply Reply Quote 0
                      • jstap
                        jstap @Sauce last edited by

                        @sauce Was going to suggest this I just didn't know if it would choose candle hi/lo for the oco order.
                        Glad you got it working.

                        Learn fxDreema Without the Wait!

                        My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

                        The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

                        Don’t miss out

                        Click here➡️ https://mybook.to/fxDreema to get your copy today!

                        Enjoy! 😊

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

                          @jstap thanks again! would you mind looking into one more post I made for a different strategy? https://fxdreema.com/forum/topic/13820/heikin-ashi-as-a-line-color-change-custom-indicator-condition/2

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