I suck at making this EA (please help)
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I wanted to make an EA that makes a buy order for the first listed forex currency pair at anytime I turn it on, waits for the next hour to hit for any amount of profit to show to then take profit, if there’s no unrealized profit on the currency pair, it should make another buy order on the second listed currency pair and so on, and wait to take profit every 00:00-23:00 of an hour hit on the time.
The broker I use is Tradersway on MT4, it can be shown on demo sign up on MT4 in case someone wants to see what the forex currency pairs are.
If there’s a mixup of currency pairs in the middle of trading (a non-chronological order of pairs) that’s fine, just keep it trading from first pair to last even if it means skipping one that’s already in the middle of a trade.
Thank you so much, this stressed me out.
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I don't understand the logic behind that. Are you opening the first trade just randomly? What is the point of opening trades on other pairs regardless what's happening on the first one?
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I want it to open the moment i turn the ea on
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@l-andorrà I want it to open the moment i turn the ea on
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@l-andorrà i plot on opening only one trade per pair with this strategy
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@l-andorrà it would start off with buying only once if there is no pair being traded right now
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Ok. So that means you will have several open charts and you'll rune the same EA on all of them at the same time? Are all those initial trades buys on all charts? Isn't it just random trading? Just asking
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@l-andorrà no its buying one pair that’s listed first on the list, taking profit on any profit it produces after a base hour hits, if it doesn’t, it’s supposed to buy next pair listed on the list and so on until there’s profit to take each hour. During the middle of the trade each profit should be taken per hour regardless of how things are ordered. and everytime there’s no profit to take, the topmost pair should be bought first before the others.
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That is a weird strategy or at least I cannot see the market logic behind it. If I understand it correctly, There will be just one open trade at any time (never more than one) moving from chart to chart in a fixed specific order to be open. Are they maybe correlated markets or the opposite? Sorry to ask but I simply don't see how it can work.
