Where do I place this Close each trade (in MQL4) block? I tried several options, but doesn't work. See my ea called "simple ma cross test". Where should I place this block in this ea.

Thanks,

I have a logic to open position (long or short) when cci crosses 0 level. But the position does not close automatically when cci reverses and crosses the 0 level.
What block do I use to close the open position? I used several block but without success.

Indeed indeed, most interesting note there, how to determine these points.

As you know I have made probably 7-10 different ea's with your program. Out of those 5 are profitable but these are made based on different time frames (to determine trend) and either MA or Stoch to take long or short positions. However I am very much interested in "thinking out of the box" and determining new ways of making ea's. Maybe we can use some other indicators such as a support and resistance indicator or automatic trend line indicator in conjuction with trend tool, such as stoch or MA.

Your forum is an excellent format to help each other as forex trader. Hopefully we can help others to get some good idea's here and together make a profitable ea. This is our goal eventually. I know there are thousands of interested newbies out there looking for tools to help them make the right decission.

I hope a lot of forum friends will participate here and together come up with something constructive.
I will play around with a sup/res indicator and will keep you posted.

Thanks for your input.

Hi Fxdreema and other forum friends,

I have attached a picture, please have a look at it. I am having a hard time to translate this logic or trade strategy into an EA.
The print screen is of EURJPY 1H chart on 20 June in the morning. EURJPY on 4H chart the stoch (15-10-10) is in uptrend. On the 1H chart we have a top (marked #1) and retracement (marked #2).

How would the programming look like to for this strategy to place a buy limit on #1 level when price is in retrace mode #2. Seems The logic would be to:
1 determine trend on 4H ( in this case an uptrend)
2 ea to be able to pin point a top (#1)
3 ea to pin point a retracement (#2) based on previous top ofcourse (#1)
4 while retracement is happening, place buy limit at price level of previous top (#1).

Any one is welcome to reply in a pragmatic way.

......
EURJPY 1H chart.JPG

it's fixed, I used one strategy with no trade is open and other strategy with if trade is running.

Hi,

I am trying to incorporate 2 trading strategies into one ea (second strategy is a hedging strategy). But what block do I use to managed number of opened trades. for example: My intention is to just open one long trade based on 1 condition and then open a hedging (short) trade if price retraces while long trade is still open. I used "no trade is running" and most of the others but ea keeps opening unlimited number of trades.

HI, Does this EA work on MT4 for auto trading. If not are you willing to provide an operational EA?