Yes, create a non-linear trailing stop. Used Variable with Break even (BEP offset mode) block. Works. http://fxdreema.com/shared/9vn3S9afe
Modify SL (with positive / negative) input does something else. http://fxdreema.com/shared/bit5yw1xb
Thank you fxDreema and Alepie.
Hi,
I tested the example , http://fxdreema.com/shared/7xv6Cjoxc , but it does something else as you said.
I want a lagging %(#FF0000)[take profit] hedge profit (loop) %(#FF0000)[ red text = strike out text ]:
When in 10 pip profit, %(#FF4040)[sett close trade at] open hedge trade (open opposite direction trade) at 5 pip profit in case the trade start to go against me.
When in 16 pip profit, %(#FF4040)[sett close trade at ]open hedge trade (open opposite direction trade) at 10 pip profit in case the trade start to go against me.
When in 34 pip profit, %(#FF4000)[sett close trade at] open hedge trade (open opposite direction trade) at 30 pip profit in case the trade start to go against me.
When in 48 pip profit, %(#FF4000)[sett close trade at] open hedge trade (open opposite direction trade) at 42 pip profit in case the trade start to go against me.
So if the trade start to go against me, I have already locked in significant profit level and can close the hedge again if the trade start to go in my favor again.
I set manual close hedged position levels (close opposite direction trades open) if the trade starts to go in my favor again, at +2 pip from the opened hedge level: at 7 pip profit, 12 pip profit, 32 pip profit and 44 pip profit.
[ Same as before, but I use a variable, and the variable opens a hedge trade, instead of modifying a take profit/close at spesific profit level.]
So I better use MT4 as MT5 does not support/allow hedging.
I still dont get it.
I tried this, http://fxdreema.com/shared/nQsNWqxNd , but still the same.
Its faster if you show me.
Why do the links in the post not go to shared copy I created ? They lead to a blank page with message " Sorry, this strategy has been removed from it's owner."
Is it becuase you are updating the system or ?
I have not changed or deleted the projects or the shared copies.
Hi,
Thank you both, fxDreema and Alepie, for your help.
I have tried to implement your examples, but I can not get them to work.
I think I might have explained wrongly possible.
I want a lagging take profit (loop):
When in 10 pip profit, sett close trade at 5 pip profit in case the trade start to go against me.
When in 16 pip profit, sett close trade at 10 pip profit in case the trade start to go against me.
When in 30 pip profit, sett close trade at 34 pip profit in case the trade start to go against me.
When in 48 pip profit, sett close trade at 42 pip profit in case the trade start to go against me.
So if the trade start to go against me, I have already locked in significant profit level.
Here is how I tried to implement fxDreema example http://fxdreema.com/shared/qVCfU0B8c
Here is how I tried to implement Alpie example http://fxdreema.com/shared/mtaPxc1R
But non of these work, they will not set any close profit level.
I tried this modification with block Break even 'offset' http://fxdreema.com/shared/duH7rkXO . It executed the first section of the loop (When in 10 pip profit, sett close trade at 5 pip profit) but not the other sections that follow.
Hi,
Set the close trade level when trade is X pips in profit
Is there a block where I can change the close trade level as the trade progresses.
Like change the close trade level from 8 pip to 12 pip when I am 15 pip in profit, and then change the close trade level from 15 pip to 29 pip when I am 14 pip in profit ? Similar to trailing stop, but at selective levels instead.
Can you please add/ilustrate the blocks and links in a shared project link example.
-I managed to get around the high SL required by some brokers by using the "Close each losable position", in case others might find it useful example http://fxdreema.com/shared/kdgVwW3zd.
Hi,
MT5 single position
On your first reply you wrote "MT5 can only have single position per symbol, and this can make the whole strategy different."
How does this affect two EA's. One trading in the H1,EURUSD and the other in H2,EURUSD ? Both only opening buy/long positions (no sell/short trades at all).
Will each EA be able to close its own trades (the one in H1 and the other in H2) ? Or will the trades be combined to one and they will not be able to identify/find their own trades, their trades be indistinguishable from each another ?
I took away the 'input' fields in the block.
Works great now.
Thank you VERY much !
(And sorry for that).
So what should I do to make it work ?
I dont understand ??
I am not sure which block is not the fault, so I am trying to attach a draw Arow to the Signal flip-flop and run on strategy tester.
And then run Buy now with some MA or MACD with same ST/TP to see if it is the reason.
identify block that is cause.
Hi,
I tried 13 pip TP/SL. (point format 0.0001).
It still opens only 2 trade during the strategy test, with Invalis stopp error still there.
So 13 pip TP/SL had no effect. Try and see , shared project http://fxdreema.com/shared/iQKCxjzJb.
Hi,
I get " Failed Modify buy [Invalid stops] " in the Strategy Tester Journal (demo account).
I use the attached MT4/MT5 demo accounts strategy testing.
......
New Folder.rar
Hi,
I tried 0.0001 point format with 2 pip as TP/SL.
And 0.00001 point format with 20 pip as TP/SL.
Either way the .ex5 EA opens only one or two trades during the whole EA strategy test.
Shared project link : http://fxdreema.com/shared/QnWqRP4Bb
It has no effect.
(My ECN broker uses 0.00001 point format, any conflict if I use 0.0001 point format in the EA? )
Hi,
I looked at the .ex4 MT4 file in the strategy tester (demo account) again .
Link to the shared project: http://fxdreema.com/shared/QjLQiBmwc
The .ex4 does not give error code when compiling like the MT5 version (my previous post).
But the .ex4 EA does not open/execute trades correct.
It opens one trade during the entire strategy test.
Hi,
I placed "No position running" block and use the yellow output signal,
Shared project link http://fxdreema.com/shared/V2Sl5Fzcb
But I get the error text in the attached picture.
......
error text.JPG
Hi,
Thank you.
The .ex4 file looks to work fine in MT4. Link to share project: http://fxdreema.com/shared/IKyKF6noe
But the .ex5 file takes two-to-five trades in strategy tester and then crash/stops. I tried on two different MT5 strategy tester accounts. Link to share project: http://fxdreema.com/shared/rd12YaRBd
I use 0.00001 point format on both .ex4 and .ex5, with identical block/settings.
Can you please help me identify why the .ex5 version is not working correctly ?
Thank you.
Hi,
Thank you for your reply.
I have now opened a live account, this one.
I have a problem with this setup; Buy now when the Bid price move 2.5 pips above candle open price.
I use the "Signal flip-flop" block and "Buy now" block only.
Shared link http://fxdreema.com/shared/rgOIaTCPc
When I try to make .ex5 file, I get error 'Dynamic lots function not defined' (9 lines of them). But I am using fix lots and not dynamic lots ?
Many thanks.
