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    Topics created by Safeer992

    • S

      Candle Range
      Questions & Answers • • Safeer992

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      l'andorrà

      @Safeer992 Then you will need two variables, one for each value. You can get them this way:

      https://fxdreema.com/shared/kMfM9E51b

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      Confuse which Block to use
      Questions & Answers • • Safeer992

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      hossam_ebid

      @l-andorrà The Opening Range Breakout (ORB) strategy in Forex is a simple yet effective trading approach focusing on price movements at the start of a trading session. Here’s a more concise overview:

      Steps to Implement ORB in Forex:
      Define the Opening Range (OR):

      Time Window: Choose a specific period at the start of a major Forex market session (like London or New York open) to define the OR. Common durations include the first 15, 30, or 60 minutes.
      Range Calculation: Identify the high and low prices during this period to establish the OR.
      Identify Breakouts:

      Bullish Breakout: A move above the OR high signals potential upward momentum. Consider a buy.
      Bearish Breakout: A drop below the OR low indicates potential downward momentum. Consider a sell.
      Trade Execution:

      Entry Point: Enter the trade when a breakout is confirmed, often after a candle closes outside the OR.
      Stop Loss: Place it just inside the opposite end of the OR to minimize potential losses.
      Take Profit: Set based on previous price levels, a fixed risk-reward ratio, or another strategic metric relevant to the breakout.
      Risk Management:

      Employ strict risk management, including stop-loss orders and position sizing based on your risk tolerance and account size.
      Key Considerations:
      Market Volatility: Understand that Forex markets are influenced by global events, news, and the opening times of other markets, affecting volatility.
      Currency Pairs: Some pairs may be more suited to ORB based on their volatility patterns and liquidity during certain times.
      Adaptation: Tailor the ORB strategy to fit the 24-hour nature of the Forex market, focusing on times when liquidity and volatility are higher.
      Summary:
      ORB in Forex leverages the concept that the initial market movements can set the tone for the rest of the trading session. By identifying and acting on breakouts from the OR, traders aim to capture momentum-driven price moves. Success with ORB requires a good understanding of market hours, currency pair behavior, and disciplined risk management.

    • S

      MACD SIGNAL LINE ISSUE
      Questions & Answers • • Safeer992

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      l'andorrà

      @safeer992 You selected the crossing line to happen on the signal line on both operands of the condition block. That can never happen. You need to select the '>' symbol instead.

    • S

      Multiple trades with one TP
      Questions & Answers • • Safeer992

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      l'andorrà

      @safeer992 Do you mean your trades are to be closed when 5 pips in profit? Then you can specify that distance on the 'sell now' block itself. I'm not sure what those numbers 1, 2 and 3 mean exactly.

    • S

      Stop 2nd trade in same direction / signal. (Wants one trade in each direction)
      Questions & Answers • • Safeer992

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      jstap

      @safeer992 Set them like this.

      0_1653160720395_ac9dc4b8-1ab2-4588-9beb-aa6f94d3b8f1-image.png

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      Problem in EA (MA & RSI) Combo
      Questions & Answers • • Safeer992

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      N

      This problem is simple to fix I also look at your code. the problem is:
      1: Price < MA200 at candle ID1
      2: Price <X RSI value 30
      With this rule at the right point, you mark the candle cross RSI level 30 is above MA200 this means EA will pass and try to find another one this right.
      0_1653188280910_1b662c1c-ef0f-44fd-87c3-ea6585f6990e-image.png
      To fix the problem: the best way I think you need do 2 steps more:
      1: Change Price <X RSI value 30 To Price < RSI value 30.
      2: Make one function If trade >> price <MA200 need send an alert to your phone. to control this trade.

    • S

      Candles problem
      Questions & Answers • • Safeer992

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      l'andorrà

      @safeer992 This is certainly a very basic project. Are you familiar to how variables are used in fxDreema?

      https://fxdreema.com/documentation/builder/constants-and-variables

    • S

      Tried but failed to make a bot regarding moving averages
      Questions & Answers • • Safeer992

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      l'andorrà

      @safeer992 Can you please share the link to your project?

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