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    forexfox

    @forexfox

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    Latest posts made by forexfox

    • RE: Help required!

      Thank you

      posted in Questions & Answers
      F
      forexfox
    • RE: Help required!

      @jstap 0_1629797169775_Help Required.mq4

      posted in Questions & Answers
      F
      forexfox
    • Help required!

      Dear friends,
      I need to develop an EA based on Bollinger Bands and SMA. I have started working on fxdreema very recently and finding it difficult to complete the task. I know that the EA is very simple, with not so many conditions, but I am unable to develop it. Can someone help me in this?
      Logic to be used in the EA for BUY ORDERS is as follows:

      1. No trade (BUY or SELL) is open currently
      2. If:
        a. Price closes below the lower Bollinger band 2 candles ago; and
        b. Price closes above the lower Bollinger band 1 candle ago
      3. Then BUY (X fixed lots) when Ask price touches Close price 1 candle ago.
      4. Close trade when:
        a. Price hits 9SMA of the ongoing candle (dynamically change TP); or
        b. Price increases by X pips; or
        c. Price hits SL of X pips.
      5. BUY order expires if no trade and current candle ends

      Logic to be used in the EA for SELL ORDERS is as follows:

      1. No trade (BUY or SELL) is open currently
      2. If:
        a. Price closes above the upper Bollinger band 2 candles ago; and
        b. Price closes above the upper Bollinger band 1 candle ago
      3. Then SELL (X fixed lots) when Bid price touches Close price 1 candle ago.
      4. Close trade when:
        a. Price hits 9SMA of the ongoing candle (dynamically change TP); or
        b. Price decreases by X pips; or
        c. Price hits SL of X pips.
      5. SELL order expires if no trade and current candle ends
      posted in Questions & Answers
      F
      forexfox
    • RE: Dynamic TP?

      Thank you. Let me try.

      posted in Questions & Answers
      F
      forexfox
    • Dynamic TP?

      I have an open trade that I want to close either by hitting the SL or hitting a certain number of pips or if the price hits 9 sma. How to check this 9 sma on every candle dynamically? Please help. Thanks in advance.

      posted in Questions & Answers
      F
      forexfox