Posts made by josecortesllobat

You can use as many formula blocks as you need to achieve what you want.

By definition,

CandleMiddlePrice = (HIGH - LOW)/2

If you want to calculate that price level for any candle going backwards, you just need to type the candle´s ID number for which you want to know its MiddlePrice by following the ID rules given by fxDreema at the formula´s block Candle ID field.

CandleMiddlePrice [0] = (HIGH [0] - LOW [0])/2 -> MiddlePrice of the newest candle
CandleMiddlePrice [1] = (HIGH [1] - LOW [1])/2 -> MiddlePrice of the previous candle
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CandleMiddlePrice [n] = (HIGH [n] - LOW [n])/2 -> MiddlePrice of the n-est candle

You have a pink block called "For each Trade" that could work for what you are asking

https://fxdreema.com/examples#Loop-(For each...)

"When you run this block once, it can activate it's orange output multiple times, depending on how many trades are present.
For each iteration the block loads a given trade, and this trade can be manipulated using other pink blocks like "modify stops" or "close"

After this block you can connect a "Condition" block where you can get different properties of the trade/s.

Then, you can build

For each trade ->If Price (Ask, Bid, Mid or other PriceLevel) < (in loop) OpenPrice ---> Do something

Previous Candle is ID = 1

You're taking the CandleOpen[2] and CandleClose[1]. It is not the CandleMiddleValue of the previous candle [1].

I am not sure if you will get what you want but it might be possible by using a formula like the RSI calculation one

EURUSD = 1.15489
EURGBP = 1.32874
EURCHF = 1.12367
EURJPY = 1.159

FOREX.EUR = 1.19158

FOREX.EUR_100 = 100 - (100/(1+1.19158)) = 54.37

This might be work (not tested)

https://fxdreema.com/shared/ehY5VNLF

The project´s logic shoud be:

TrailingStopStep == 12.5
ProfitStep == 25
TrailStopEnabled == false

If no position exists -> Modify (TrailStopEnabled == true) && Reset values && Reset Counter

If position exists && TrailStopEnabled == true -> For each position -> If profit >= TP*(ProfitStep/100) --> Modify SL Level to (TrailingStopStep %) of current TP && Modify (TrailingStopStep *2, ProfitStep +25) && Counter == 1

That will be executed again for the new values of TrailingStopStep & ProfitStep.

When the Counter == 2, next time (3) the block passes && TrailStopEnabled == false disabling the TrailingStop and no other TS move is expected.

Hope this helps.

This might be an approach

https://fxdreema.com/shared/xb13EvfMc

https://www.metatrader5.com/es/terminal/help/algotrading/testing#forward

https://www.mql5.com/es/articles/3279

MQL Math function

https://www.mql5.com/en/docs/convert/normalizedouble

The easiest way is to import a Custom indicator into fxDreema.

I am not sure if it works as you expected because I have not gotten any signal backtesting it.

https://fxdreema.com/shared/KSrxkWrJ

But it could be an inspiration for you.

Look at the fxDreema's examples page

https://fxdreema.com/examples#

https://fxdreema.com/examples#Crossover

You will find some basic project examples that are very useful.

Here you have @miro1360 post where you can find array´s info

https://fxdreema.com/forum/topic/4501/video-tutorial-signals-dashboard-ea-advanced-looping-objects-arrays/4

Hope this helps

Store the candle's middle price in a variable

Here you have an example

https://fxdreema.com/demo/mt4-formula

https://fxdreema.com/tutorial

https://fxdreema.com/examples

Block "modify stops" works like this with your setup

If Buy -> StopLoss Level = OpenPrice - 3pips
If Sell -> StopLoss Level = OpenPrice + 3pips

If what you want is to move the SL level above/below OpenPrice depending on the trade's direction, you can try this

But this will not work as a "Trailing Stop" just like a BreakEven.

Trailing Stop example

https://fxdreema.com/demo/mt4-loop-trailing-stop

You can use something similar for Breakeven condition

Do try this out

@Juan-Manuel-Quiñonero

@clintk is right. To convert "Pips" to "Points" you just have to multiply by 10.

20pips * 10points/pips = 200 points

Probably what you want is to convert "Pips" to "Price fraction". There will be an easiest way for sure but this works for me

20pips * Pointsize (0.0001 or 0.01) = 0.0020 or 0.2 (dpending on the pair and broker's digit precision)