Sell Every xx Pips
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Goodmorning everyone.
I would need help if someone were available.
Attached you will find a "Sell every xx Pips" system where I would need to add a profit in currency (for example 10/20 Usd or Euro) on the total of existing operations. The system provides a multiplier from 120% to 200% on each last trade made.
For example, with the 161% multiplier we have the following trades on last entry:
0.01-0.02-0.03-0.05-0.08-0.13-0.21 and so on.
I should add a profit of xx Usd to the system on the total of trades. and also the number of trades beyond which it does not open other trades, for example 6 or 7.
Can anyone help me ?
Thanks in advance.
Giovanni -
There is no file attached.
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there he is
shared/yQmnbjy3d
Thanks -
@giovanni said in Sell Every xx Pips:
shared/yQmnbjy3d
For some reason I cannot open it. Can you create a new one, please?
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Hi
How do I go about attaching it correctly?
In any case, this is the sequence of the project:
1st block = NO TRADE> BUY NOW (OR SELL NOW)
2nd block = FOR EACH TRADE> PIPS AWAY FROM OPEN-PRICE> ADD TO VOLUME%.
To this I must add the profit and the stop loss in currency on the total of the trades executed, and the maximum number of trades beyond which it stops operating and waits for the profit target or the stop loss.
Thanks for your help. -
Di the following, please:
Then click on the link and a new tab will open. Then copy the whole URL of that tab here.
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Thanks. The copy is : shared/IZWQQODgb
Hope is Ok. -
@l-andorrà
Try also this one: shared/0m0DyukEd
Thanks. -
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Ok. What do you need exactly? Do they work as intended?
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Thanks l-andorrà for your kind request, and I try to explain what I mean:
1- Buy or sell at the moment I activate the system.
2- for each buy or sell it executes a trade series with 20/30 pips of difference (for example in buy with 20 pips = 1.1000> 1.0980> 1.0960> 1.0940 and so on, and vice versa in sell) with a multiplication coefficient 1.61% (Example first trade 0.01 and then every 20 pips = 0.02> 0.03> 0.05> 0.08> 0.13 and so on).
3- Stop Loss xxx Pips for the total of open trades.
4- Total number of trades which must not exceed (for example 7) for a total of 0.53 lots in this case.
5- Target profit in currency of 10/20 Usd or Euro on the total open trades. If they are 1 or 3 or 5 or 7 trades open, they must always have a profit of 10/20 Usd or Euro. This is to be able to optimize it.
6- If possible add a trailing stop. In this case I can put a minimal trailing and let it run. See attachment "shared / rvt9ciKne" which doesn't perform as I would like. Please do a backtest if you want.In any case, thank you very much if you can help me. It is now 9.00 pm in Garda Lake in Italy and I am tired of being glued to the computer.
Thanks again.
Giovanni -
Well, that's an ambitious project.
We can build it together if you want, but I strongly recommend you to read all tutorials and instructions in depth. I see you created three projects to begin with. Good! Can we focus on just one of them each? Choose the one you want to begin with and explian what it is supposed to do and what issues you found, please. -
@l-andorrà
Thanks l'andorrà for your advice. Let's try to develop it together if you want. I designed another one today (see "shared / cM8jWucZd") but unfortunately I am too old and I struggle to understand and also my English language is not very good.
This latest project works correctly but I still have the problem that it cannot close the trades with the profit set at 5/10 Euro. I used it today in real account forcing me to close manually, otherwise it closes with a slight loss.
I would say to focus only on this latest project which I think is as risky as any martingale system, but the most important thing is to be able to close with 2/3 Euro for each series of trades and on at least 4 crosses.
What do you say ?
Thanks again. -
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Is this the project you want we focus on?
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@l-andorrà
Hi,
The simplest system by far is the "shared / X8sZAFIK" attachment. Of course, it should be in buy and Sell to be able to use them on multiple crosses.
Now I am using it only on the cross GbpUsd, one in buy and one in sell, and I use in support with a separate graph an EA called "CloseAtProfit" which closes the trades in buy and sell when it reaches the profit set in currency.
This system is very simple as you can see, and we should add the target profit and stop loss in currency in the system in Buy and the profit and stop loss in currency in the system in Sell.
I can't use the CloseAtProfit EA that operates on all crosses because as you can imagine, it would be difficult to reach profit on several crosses, so I would be forced to open all the crosses in buy and sell and add the EA CloseAtProfit for each open cross creating a lot of confusion on my screen.
In addition to the profit target we should add the number of trades beyond which it does not open other positions.
I think it's a simple thing for an expert like you. In any case, if you can help me or not, I thank you in advance.
Best Regards.
Giovanni -
Why -20 pìps as a distance from open price? How can you know the price is moving in yoyr direction and not the opposite when you trade is in loss?
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@l-andorrà said in Sell Every xx Pips:
Well, that's an ambitious project.
We can build it together if you want, but I strongly recommend you to read all tutorials and instructions in depth. I see you created three projects to begin with. Good! Can we focus on just one of them each? Choose the one you want to begin with and explian what it is supposed to do and what issues you found, please.@l-andorrà: Hi... I have been learning Fxdreema from some YouTube videos, but couldn't find good resource of tutorials. I will be thankful if you could refer some good tutorial series or some kind of a manual for better my understanding of Fxdreema functionality.
Regards
Mobeen Hussain -
@l-andorrà
Hi.
The purpose of this project is to have 10/30 euros of profit for each open series, an with more cross.
I can change the -20 pips to -10/50 pips away on the last open trade it depends on market volatility.
Let's not forget that it is a martingale system. I certainly cannot predict whether the price will go down or up after the first trade open. In any case there will always be a retracement during the day.
Furthermore, having a buy system and a sell system on each cross, they should give profits at the end of the day.
As I repeat, I use it as a test in buy and sell in addition to the EA "ProfitAtClose" and for the moment it works well but that's not what I want. Infact, I have a single profit target for buy and sell trades while they must be separated.
Each buy or sell system must have its own profit target.
We only need to add the profit target of 10/30 Euros on the average of the price of each open series (from 1 to 7 trade) and the maximum number of trades which in my opinion should not exceed 7 loss-making trades.
Let's try. !!!!!!!
Thanks and regards. -
@mobeen-hussain said in Sell Every xx Pips:
@l-andorrà said in Sell Every xx Pips:
Well, that's an ambitious project.
We can build it together if you want, but I strongly recommend you to read all tutorials and instructions in depth. I see you created three projects to begin with. Good! Can we focus on just one of them each? Choose the one you want to begin with and explian what it is supposed to do and what issues you found, please.@l-andorrà: Hi... I have been learning Fxdreema from some YouTube videos, but couldn't find good resource of tutorials. I will be thankful if you could refer some good tutorial series or some kind of a manual for better my understanding of Fxdreema functionality.
Regards
Mobeen HussainSome fxDReema users have created really wonderful tutorials in these forums. Just use the search engine on top of this forum and look for the word 'Tutorial' on titles only. There you will find them.
