Total profit reduces by x % then close everything.

[roar]

Oh, sorry didn't know that
Yes, youre right

[timmyhanke]

@roar

One thing that i noticed , that it dosnt close anything at all

[roar]

Mine works now, it closes trades when equity drops 10%...

[roar]

I modified it to work with profit, which, I think, you wanted in the first place
here: https://fxdreema.com/shared/c2mQcANde

[timmyhanke]

@roar

i dont know why mine dosnt do anything at all .

https://fxdreema.com/shared/1w9F4NFxc

[timmyhanke]

@roar

it works , changed the numbers of it and the stoploss is a must so my strategy can go on if it dosnt get in profit !

Thank you so much !

[roar]

It should work technically, but the logic is now so that there must be profit in order to make anything happen - otherwise the ea just waits and hopes the profit to show up
Try with an SL

[roar]

I downloaded your .ex4 and added 111 pips SL, heres what I got:

[timmyhanke]

@roar

thank you so much for your help ! ive been testing so much and now finally thanks to you it works !

You have a heart of gold !

[roar]

^This is exactly why I like to help

If you need further help, I'm usually bored enough to assist

[timmyhanke]

@roar

I will keep that in mind !
Now i have a couple of billion ea's to try this on ....

If you want this only to start working if the current profit is > lets say 10 pips , so that it dosnt close anything too soon i assume that you add a block over everything with profit > 10 pips ?

[roar]

Yeah, that would work

[timmyhanke]

@roar

oooh i just forgot , i was thinking of something else to , if the current profit is above the last x loosing positions value then close everything , since i got help with a big problem for me i have to ask you yet again

Then you would have so the positions is closing if the price drops and if the profit is above x previous loosing trades value

That should make any ea to improve alot

[roar]

@timmyhanke
So the question is, how to get the loss values from history positions.

I would store the current profit, to some variable currentprofit

Because you compare many trades to one trade, you need to multiply the currentprofit with the number of last trades before continuing - just use a formula. In the formula I would also multiply it with *-1, so it can be compared to a loss.

Then use the "check profit (average)" block, set to look at x number (number_of_positions) of history positions, and compare the average last profit to the currentprofit

https://fxdreema.com/shared/D382vaNlc

This is just a fast mockup, how I would do it, perhaps there is a better way. To be honest, I haven't used anything like this, because I try to avoid making decisions based on profits and losses, and rather focus on actual price data.

[roar]

I just realized the above is partial bullshit. Multiplying the profits doesnt work because we check it against average value. But its a start, at least

Dividing the currentprofit should work

[timmyhanke]

its a hard question i know

It may be something interesting in condition - trade statistics were there are options to use consecutive losses , gross loss and maximum drawdown , couldnt that be the answear that we are looking for to compair the last trades to the current price ?

Or in fact maybe the eqity is that answear , if the profit is above equity of x trades or since the ea started it should be at zero point again

[roar]

I think the trade statistics always looks at the whole history, so you wouldn't be able to focus on some x number of history positions

[timmyhanke]

@roar said in Total profit reduces by x % then close everything.:

I think the trade statistics always looks at the whole history, so you wouldn't be able to focus on some x number of history positions

i see , you are an interesting person to ask questions to if you have any brainstorms coming in to what could be the answear just try it and see if it works almost all of the bright ideas comes alot after you have thought everything trough

So no stress about it my friend !

[timmyhanke]

@roar

Rorar , i found a problem with the closing part , not the thing that you made , it works , but i am a fan of opening multiple orders in the candle movement direction , so every order opened is a reducement of the total profit , meaning that the -10 % of the profit happends alot .

Fooled around with different settings to see if i could find something that dosnt close the totalprofit if the orders are new and added to the close block , that it only closes orders that are more than 30 minutes old .
But by that i feel that i could miss out on opportunities .

Is there a way to reset the total profit every time a order is created so that they dosnt count instantly ?

Tried by attaching modify variables to the closing and opening of the main strategy then tried on trade and added trades is created and attached that to modify variables , even tried to change the variable on the closing and opening on the main starategy too buy nothing worked

[roar]

So you want to exclude the new positions from the profit calculation?
I would go with the 30-min condition, why not?
Or set the ratio lower, 0.8 for example?