Posts made by drewinbrissie

@chiper
There appears to be a problem with the compiler with the latest update. Nothing will compile when exporting to MT4

Hi all,

I'm trying to filter a basket of trades based on whether each trade is in profit or not. Can anyone suggest the code to go in the "Filter condition (advanced)" field?

I want to find the combined profit of only the profitable trades in the basket.

Thanks Drew

Got it worked out...

This is how far I've got. Not sure what to put in the advanced filter

To do this I've worked out I can use the Condition block comparing the profit of 2 buckets, but can't work out the code for the "Advanced filter" to select trades that are currently in profit (or not) for each of the buckets.

Thanks Drew

Hi all, I'm trying to build the logic so that when I have a basket of trades running, all are closed when the sum of all the winning trades is double the size of the sum of the losing trades. Any ideas how I can do this?

Thanks Drew

When I change the name of a variable or constant, then press the update button, nothing happens. The name doesn't update. If I switch from variable to constant, or the opposite the change gets lost.

The work around is to delete the constant/variable, then recreate it with the correct name.

I really like the real-time ability to add variables/constants when creating formula blocks. Saves a lot of time.

Thanks Drew

Attached are couple of screenshots which show the behavior in action.

I am getting some errors in the Journal. "Error: Invalid SL requested (1.15878 for Bid price 1.1548)". These appear to be associated with the trailing stop being too close to the open price.

The strategy I am implementing enters buy and sell trades with different lotsizes as a recovery from drawdown on an existing trade. The attached screenshots shows how this works. Simple mean-reversion strategy really. The exit will always be after a retracement has occurred so there will be buy and sell trades at the same level, and above and below the current price.

The TPPips variable is the number of pips in profit for the series of trades to exit as a group. For example, if there are 10 trades and TPPips is set to 10, when the average price of all 10 trades is 10 pips in profit, then trail the group. In the attached screen shots you can see only the buy trades were trailed and closed and the sell trades where left open.

If the trail was implemented as a virtual trail, rather than modifying each trade individually in real-time, it would then take out the whole series when the trail SL point was reached. This would avoid the issues of MT4 trying to set new SLs for each trade in real-time and getting conflicts with open prices. I appreciate it means if there are price gaps then there are no hard stops to take out individual trades.

The group profit calculation works well in the block "Check profit (unrealised)". If I put a close block after this it takes out all trades immediately at the correct point. Rather than a hard close, I want to trail the series of trades once a specific level of profit is reached. The ability to trail as a % of profit is ideal. It would be great if this function could be included as a "Trailing Stop mode" option. This means as profit increases I can give the trades more room to move rather than using a fixed value.

Thanks again for your great support,
Drew

......
graphical example.docx

I'm trying to use this block to trail a group of buy and sell trades. The block only seems to trail either the buys or the sells, but not all together as a single group. This is frustrating as I'm using the opposite trades as a hedge and want to exit when the whole group is in profit, not just the buys or sells. Without the hedge working the drawdown if much higher.

The attached files have an example of the block and the resulting trades. In this case all trades are trailed (ie.modified), but only the buys are closed as a group, then the sells are modified and finally closed.

Any help would be much appreciated.

Thanks Drew

......
example trades.xlsx
fxdreema blocks.docx

I'm having trouble selecting multiple groups to filter the block (on trade) new trade opened. In the attached example

https://fxdreema.com/shared/UDGRZTVPc

block 13 works if I select a single group like group 1 (buy order from block 4) or All, but it doesn't work if I select multiple groups like 1 (block 4) ,2 (block12). I want it to only work for groups 1 and 2 (1,2).

Can you suggest why this isn't working?

Thanks Drew

Hi all,

I want to add 10 pips to a price level so that it will work for both JPY pairs (2 digits) and non-JPY pairs (4/5) digit prices. Can anyone suggest an easy way to do this without having to manually perform the calculation twice in different blocks?

For example, to add 10 pips to a non-JPY pairs I can "Adjust" a price level in a Condition or Formula block with "+0.001". But this doesn't work for JPY pairs where the adjustment would need to be "+0.1"

Thanks Drew

I had a concern about security of my projects and someone else taking my priceless ideas and selling them. The addition of the ability to save projects out of the tool solves this problem completely. You can just save them locally and delete them from the server at any time. Great enhancement which effectively deals with any security concerns.

I agree this is a great tool with a high degree of flexibility and power. It is also relatively easy for a newbie to get the hang of.