'Check proffit' and 'check winner type' blocks
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Hi admin,
thanks for fxdreema my subscription is working fine and all is good.I am trying to create a function in my EA where I don't trade after a winning trade. After a win I will stay out of the market and watch until a trade would have been a loss before trading again. I can do this easy by drawing lines instead of placing trades and monitoring the distance between current price and the line, then I know if the trade would have been a loss without actually trading.
The problem is when I come to turn off the buy blocks to prevent trading, when I use the block 'Check last closed trade profit' it just passes every tick, I know this because I connected a sell to the output to check what was happening, the block does not wait for the close of a profitable trade it just passes straight away and on every tick. I tried using the 'Check last winner type' block and this works fine for for profitable buys, but for sells it passes every time a trade closes for winners and losers.
Am I doing something wrong?
Please see attached
Thanks for your help and fxdreema is great!
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I think I can't get the idea. Trade only after loss, but don't trade after win... when you will want to start trading again? If it's based on time, like 5 hours after the last win, you can check that time before entering a new trade. Disabling blocks is probably not the best idea here.
Something is not working with attachments, but I can see your project on your profile anyway. Which one is it?
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after every win i must skip one trade. The trade after a win has a lower probability of success. It is donchean channel breakout 2 on the web application.
I can't use a time based filter as it could take a long or short time for a losing trade to come, after which i must activate trading again. On my project i monitor the trades by drawing lines and checking these so i can look at a trade that does not exist.
Thanks for your help
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There is a block "Check last closed trade profit" with some filters inside. Also, using "For each Closed Trade" and some other pink blocks you can be even more specific