Thanks so much for your help @jstap

Will try that

Appreciate your time

best rgds

Dear All

I need some help please if you do not mind

I want every day, at a certain time, to have the price of that time to be set a as the DAY OPENING PRICE

Example, at server time 00:01, if the candle open price at that time is 1.1234, the value 1.234 be set as the DAY OPENING PRICE for that day

And then to have trades opening and closing around the price of 1.1234

If Moving Average crosses 1.1234 from below, open BUY trade

If Moving Averages crosses 1.1234 from above, open SELL trade

Kindly see what I tried to come up with. Unfortunately it is not working and not opening trades at the cross

https://fxdreema.com/shared/KUIoQ4VRc

I tried to set the price as a FLAG, and then CHECK FLAG for each rule

Will appreciate any advise/assistance on how to go about this please

Thanks a lot and regards

@xfire
Hi xfire. I just wanted to thank you for your help

I had not seen your reply till today, and didnt know you took the effort and posted this

I didnt want you to think me ungrateful or anything, so - Thank you very much, highly appreciated (even though so late.......)

regards

Z4

@l-andorrà said in Creating a reference point at Trade open:

catch an open price into a variable

Thanks a Andorra.

That is a bit complicated for me. How does one set open_price as a variable?

I tried to do what you said, but it didnt work -
https://fxdreema.com/shared/6n4ydNL3c

Will appreciate if you can look at it?

Thanks

@xfire
Hi Xfire,

Thanks for your help and advise..

Yes it will be a loss. But it will be a controlled loss, and that is what I am looking for

How then do i set the open price at TRADE OPEN as the reference point?

Because if I look at your example, wont the current open price be the one in consideration?

How to make the open price, at the cross where trade opened, as the reference point?

Been eating at me for days......

Thanks again

Hi all

I am new at Fxdreema and would like to request some help please

I would like, at trade open, the EA to create the opening price as a reference point. Then when indicator crosses back over that opening price, to close the trade.

For example:

MA crosses Mid-Line Bollinger Band from below. Open BUY trade.
Take the opening price (say 1.300) as the reference point. Maybe create a line or something

If prices come back and MA crosses 1.300 from above, close the trade

Will really appreciate if someone could could help/advise on this?

Thanks so much