Question on Breakeven and then start Trailing stop
-
as per above discussion meant is that---------
FIRST CONDITION- when bull candle (first candle) crosses over MA and closed above MA
SECOND CONDITION- when second bull candle closing above first candle, buy should open (after second candle closing/third candle opening) viseversa foe sell -
@Suraj0544 Ok. But if I understand it correctly, as soon as a buy is open, any previous sell should be immediately closed, right? Can ther be buys ans sells open at the same time?
-
Yes,as soon as buy is open, any previous sell should be immediately closed.
second thing to know that an alert msg should receive on mobile on each buy/sell trade open, please tell me by block with setting. THANKS -
@Suraj0544 Both questions are answered by doing this in the 'on trade' tab:
-
Thank a lot for support
-
I want to ask that if EA take buy trade as per our condition and I already put time filter in EA (want to run EA between 04:00- 12:00 as per IST ) what will happen to our trade after 12:00 if SL/TP doesnot hit in EA specified time.
1- PREVIOUS TRADE WILL RUN AS USUAL AND WILL CUT WHEN EA TIME COMES NEXT DAY OR
2- PREVIOUS TRADE CUT WHEN CURRENT MARKET WILL REACH SL/TP (in EA off time) BUT NO NEW TRADE WILL OPEN -
That depends on the conditions used to open new trades. If you are using a 'no trade' block, for example. The trade will be open indefinitely until SL or TP are hit. If you are not using that block, then every day new trades will be open within your time period and will stay open separately until each one hits its won SL or TP.
-
very very thanku
-
sir, I have a question, am asking again n again because I am working on different strategy and I am very thankful for your support.
I have to make an EA on support resistence on daily time frame candle, when any reversal candle like hammer or bullish engulfing (for buy) and vice versa for sell are generated on daily time frame support resistence n after high or low break of that candle entry should happen and stoploss should automatically set on above/lower of that reversal candle.is that possible to make in fxdreema,please -
Yes, it is possible, but it is a complex structure because of 2 main reasons:
- You need to provide VERY concrete and clear definitions to the bot in order to understand what a hammer or a bullish engulfing are. That's easy for humans, but bots need numbers to understand.
- Same as above for your 'reversal' conditions. The bot need to translate that word into numbers.
If you can provide those conditions as explained, then it is possible.
-
Ok, as per your 1 No. which block should I use for hammer/engulfing and for draw support resistence on daily time frame candle which block and setting should use.
Could you please guide to make such EA that how should I start.If you will guide little, maybe I can make. -
@Suraj0544 You will need several 'condition' blocks in order to define what you understand as a 'hammer' candlestick. For example, you will need something like this to define the minimum body size of candle ID 1:
Then another one for the upper/lower wick and so on.
In case of an engulfing, you will need twice as many blocks. Some of them for candle ID 1 the the same for candle ID 2.
-
shared/1WgnITF6c
-
-
My Project Link is above. In this I am able to plot support/resistence on daily time frame candle at high/low/closing. After that taking buy/sell on creating hammer/inverted hammer, till here all good.
The main problem is that how this buy/sell will open as per hammer/inverted hammer created on support/ resistence only (daily time frame high/low/closing)
as per my project as shared you buy/sell happening but anywhere it occurs. -
@Suraj0544 Here you have some changes you should do:
-
Block 32 can be removed. You don't need it.
-
Blocks on top of each block tree are wrong. They should be ordered from lower to higher ID number. This means Block 10 should be block 1, block 3 should be block 2, block 1 should be blocks 3, block 16 should be block 4 and block 33 should be block 5.
-
-
but in this tree block 2,4 and 5 are not avaliable as per your comment
-
1- If you mean that only to change block id not to replace block, I have done that as previous trade is not opening on daily timeframe support resistence,opening anywhere as previous.
2- after changing block id number only daily timeframe support resistence line is also not going to draw anywhere. -
after lot of practice daily time frame high low and closing line is ok.
only problem is that what I do so that trade open when the hammer/inverted hammer candle is creating with touching the daily high low closing line. -
https://fxdreema.com/shared/dSZH7l6cd
project link
