Topics created by PipTheRipper

@piptheripper You can do it here:

https://fxdreema.com/support

@piptheripper said in Basket TP based on money profit:

Hi, I know this has been discussed before, but so far no one seems to have found a solution. I am trying to place a TP for a basket of orders with different entry prices and different lot sizes. The TP should be placed at the price level where the accumulated profit of all the orders will reach x money profit.

I am aware of the solution with using "check profit unrealized" block and then close all positions when x money profit is reached. But I am trying to find a way to place a TP order at that price level.

Does anyone have a solution or an idea how to do this?

What you are asking for is illogical it seems to me, at least with the current way of thinking of it.

Your profit target is one of a money.
The target you seek is that of a price level.

All you are trying to do is draw a line at a money value in comparison to price. That to me means you have to use a formula, that includes a way to convert they money target back to pips and then add pips to current asking price, or bid price.

if you use trails, physical lines, and pending orders, it makes testing slow.

@SimonFX @PipTheRipper did anyone find the solution?

You are welcome. Pay attention that this only calculates commissions and not swap fees..

@musa-5 just figured it out. thanks

@piptheripper You can use the 'Draw text' block instead. It is more tiring but you can finally getting it.

Sorry, I forgot update

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@piptheripper I too have noticed sometimes this does something different to expected, you could try putting it in the adjust field:

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@piptheripper Then you need this:

https://fxdreema.com/shared/8galidAQ

@piptheripper You need custom code to do it. The admin uses it in those blocks where time in components can be used. Try to ask for it to him. Otherwise, I cannot help, sorry.

@piptheripper Put this on the on chart tab.

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@ambrogio great, thanks!

@piptheripper Your welcome

@piptheripper Interesting. Thank you very much for sharing.

@Gary-0 And does it work normally?

@l-andorrà it has to do with the max volume allowed per symbol. On my broker I do not get any errors as there is no volume limit as long as there is enough free margin in account balance. But apparently in the test mql5 runs as part of the validation process there is a max volume allowed per symbol.

So I need to find a way to first retrieve what the max volume is on the broker mql5 does the validation test on. I am able to do that by creating a variable called max_volume and then use the below line of code in a custom mql5 code block

max_volume=SymbolInfoDouble(Symbol(),SYMBOL_VOLUME_LIMIT);

Then i need to make a condition before my "buy/sell pending order" block that only allows pending orders to be placed if the volume of the pending order is below max_symbol

This line of code should hold the answer, but I cant really figure out how to convert that into a condition block in fxdreema. I need to

if(max_volume==0) volume=SymbolInfoDouble(Symbol(),SYMBOL_VOLUME_MAX);

@jstap yeah, I have it on random delay, so that should simulate slippage.. I will look into it tomorrow and post my findings here

perfect!! nice work. Sorry i called it select object by name, but the most important was "name contains"

@piptheripper You're welcome.