Posts made by Gwydaer

@gwydaer I think I've fixed it, removing project link for now

If anyone can solve this problem that would be ridiculously handy.

My issue is twofold:

I'd like all trades to close out should price retrace to their entry (break even) level (+/- 0.7 pips offset) or if they hit their stop loss not to re-enter.

I've added a few variables to try and make this work however my "continuation" trades don't seem to continue after a while, i.e. if they are doing well and are well above/below break even levels, they don't re-enter if my indicators are saying to re-enter.

I'm baffled as to why it isn't working at least 24 solid hours trying to work this out so far.

Initial double value for the candle open variables are set as: 0 for buy candles and 1000 for sell candles.

Ah legend thanks! I'll have a play around with this, it's a bit more sophisticated then the tree I was in the process of setting up

This sounds like a great idea, so add a time filter for that hour period, temporarily adjust the spreads by +45 pips to account for maximum spread, and then have them revert to former levels at the appropriate time. How do you mean by pink for each trade? I need to try and have a stop placed on all trades at all times rather than any full deactivation

Hi there,

Just a thread to gather ideas on how to avoid EA's stopping out and re-entering themselves during the increased spreads of pre-market.

I currently have an EA that runs on the 4H, and it has a trail stop of 1 X ATR when it is in a trend. However this will at some stage end up getting stopped out by the large pre-market spreads (my broker is generally pretty good good with spread widening). If it does gets stopped out, it will then automatically re-enter itself at the disadvantaged larger spread due to an immediate on event "trade closed" re-entry signal.

I've been trying to think of ways to work around this problem but have hit a wall each time.

I've thought of adding:

1. A time filter; so that the EA doesn't re-enter the trade at a disadvantage, however I'd have to then trade manually manually once spreads are lower because the on event-"trade closed": signal to re-enter is gone the second the trade gets stopped out in the large spread time period. (I.e. the signal for the robot to re-enter is gone).

2. A spread filter: This has the same issue as #1 and can prevent trade re-entries in this period if spreads are too high- results in manual trading because the EA signal to re-enter on event: trade closed is gone.

3. Manually modify the SL so that it isn't at risk of the higher spreads. This one I'm unsure about. If I modify an on-tic event trailing stop to protect a spread widening stop out, will this break the EA? Because it is on-tic, i'm guessing the EA placed trail stop would instantly revert back to where it should be placed if it was to be manually altered, in which case it would get stopped out on the next tic...

It's a tricky problem to have, any ideas? I might have to message you in private & sort you out for potential fixes to this @l-andorrà if you have the time.

Sorry for the spam guys, I found the issue. A different EA had this block specified to trades open across all active symbols. I didn't realise EA's interacted with trades linked to the account rather than being isolated to the charts they are being run in. This thread can be closed

Edit; ignore the above, I had the "specified" block empty which defaults it to the current symbol already, my issue must lie elsewhere.

Hi,

I've been forward testing my EA and have noticed that if several positions are open at once, and one of them hits take profit, then the same EA running on different charts seem to all move their stop loss to break even automatically, even though they are on different instruments and haven't yet hit their take profit!

The block currently moves the trades grouped as "group 1" to break even, however I haven't specified a symbol on as I assumed the EA's do not interact across different currency pairs/charts that are open + running the same EA. (I.e. I thought if the EA running on EUR/USD triggered move stop loss to break even, then it wouldn't move the stop loss to break even on a different active pair, i.e. AUDNZD even when it hasn't taken profit here).

So my question is, is there a way to specify the symbol to "current" rather than pointing it specifically to the chart that is open (i.e. typing in eurusd as the specified symbol) so it doesn't effect other open trades? Otherwise I'll have to make a copy of the EA for each currency pair it is running on (18 pairs) and point the EA to only move the break even point for the active chart it is running on.

Cheers!

@l-andorrà

Hi Andorra

I'm running the indicator off a single signal line (colourless buffer). I don't use the red (not shown)/blue buffer options for it when using it in FX dreema (it shouldn't require it). All back tests run in MT4 work as expected with standard entries using this single signal line buffer. I don't think using the other two buffers as a filter would work too well with this strategy either due to the 50 level being an exit signal

Have you tried closing/re-opening MT4 completely? Sometimes mine weirdly glitches out particularly when swapping between time frames or when making edits then re-running again, only for it all to work perfectly again when re-opening MT4.

Progress update below

https://fxdreema.com/shared/xbXTtlf3e

I'm trying to find a way to have a condition that says "where signal line hasn't crossed below a certain level to allow my continuation trades to re-enter.

I tried pre-defining key cross over levels as a bool = true variable, and then stating the variable is "False" as a work around for "hasn't crossed" above/below a level, however this didn't work

Hey Econsulttt

I might be completely off here as I've only started learning fxdreema a few days ago

It sounds like to me that grouping the trades might be a big help here

So for your group of buys that are opened, try allocating them a "1" in their buy now block

I'd have then used the If trade block rather than the pass block, because then you can point specifically to the trades you want. Here you can say "if there is a trade associated with the following group that are only buys, then do the following action".

Then link that up to the trail stop (group of trades) block, and make sure up the top that the same group of trades is selected, that are buys only. You can then select the trail conditions, when the trail should start (i.e. if it is 10 pips away from the trades open price, start the trail) etc etc

Hey Guys, I've added this thread to this forum (a bit more appropriate).

I've hit my limit on how much I can do at my current level of understanding without assistance so sorry in advanced for asking if it is a super obvious answer, I've attempted several ways to include "continuation" trades into my first EA without complete success. Any help is much appreciated.

And shared link: https://fxdreema.com/shared/gggh3P0rc

The EA I'm attempting to build is based off an indicator which behaves in the same way as the RSI.

EA Requirements:

Enters longs when price crosses above the 20
Enters shorts when price crosses below the 80.

Trades are entered in two parts, risked at 1% of account equity each;

The first part having a SL = 1.5 * ATR, and a TP of 1* ATR
The second part having a SL of 1.5* ATR, and no TP

If the First part hits TP, the second part moves its SL to BE

and

If price is >2x ATR, a trail stop of 1.5* ATR is placed on the second part.

And finally trades are exited if:

For Longs; price crosses below the 50 or 80 level
for shorts; price crosses above the 50 or 20 level

I've successfully got everything up until this point running perfectly. However I've become stuck at one of the final steps when trying to add "continuation" trades.

My aim is to add functionality where the following occurs;

1. If either the initial pairs of short or long entries hit their SL before taking profit and there is no exit signal, then both trade parts re-enter with new adjusted ATR based SL/TP levels. These trades are to keep re-entering if they keep getting stopped out until an exit signal or opposite buy/sell signal is given or until the take profit level is hit.

2. If a trailing stop or break-even stop is hit, I'd also like it to re-enter with a new trailing stop behind it, and it is to continue re-entering if it gets stopped out again until an exit signal or opposite buy/sell signal is given.

I've tried to have a solid attempt at dealing with continuation trades with the trailing stops (aka part 2), however I think the issues I'm having relate to the conditions that qualify when continuation trades should take place. (I.e. the trouble area below).

If someone is able to help me finish off this EA it would be awesome for my own learning & so I can adapt this further. I'm more than happy to sort anyone out through paypal if they nail the whole thing.

Cheers!

https://fxdreema.com/shared/nH8WdPvV

I've updated where I'm at above with my trail/error work

Hey Guys,

I've hit my limit on how much I can do at my current level of understanding without assistance so sorry in advanced for asking if it is a super obvious answer, I've attempted several ways to include "continuation" trades into my first EA without luck. Any help is much appreciated.

My current set up is as follows:

And shared link: https://fxdreema.com/shared/Z5qLm6SEd

The EA I'm attempting to build is based off an indi which works in the same way as the RSI.

It enters longs when price crosses above the 20, and;
It enters shorts when price crosses below the 80.

Trades are entered in two parts, risked at 1% of account equity each;

The first part having a SL = 1.5 * ATR, and a TP of 1* ATR
The second part having a SL of 1.5* ATR, and no TP

If the First part hits TP, the second part moves its SL to BE

and

If price is >2x ATR, a trail stop of 1.5* ATR is placed.

And finally trades are exited if:

For Longs; price crosses below the 50 or 80 level
for shorts; price crosses above the 50 or 20 level

I've successfully got everything up until this point running perfectly. However this is where I've become stuck, the (hopefully not so dreaded) continuation trades.

My aim is to add functionality where the following occurs;

1. If either shorts or longs hit their SL before taking profit and there is no exit signal, that both trade parts re-enter with new adjusted ATR based SL/TP levels, like how they were originally entered before being stopped out. This trade is to keep re-entering if it gets stopped out until an exit signal or opposite buy/sell signal is given (this cycle sounds like the hardest part for me to create).

and

2. If a trailing stop or break-even stop is hit, I'd also like it to re-enter with a new trailing stop behind it, and it is to continue re-entering if it gets stopped out again until an exit signal or opposite buy/sell signal is given (again unsure on how to get this cycle going).

An example below is where a long continuation(s) needs to fit in after TP has been hit.

.

I'll continue to be playing around with utilizing groups & boolean variables to get these continuation trades working, however if someone could point me in the right direction with these how to get this to work that would be fantastic.

Cheers!

G'day!

New Fxdreema user here from Brisbane Australia looking to automate my loosely-based NNFX strategy. I look forward to further understanding & realising the potential of FxDreema.

Cheers!