Buy-Sell EA
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@trader-philipps said in Buy-Sell EA:
I use Once per bar as a time filter as it is sufficient for my requirements. You may want to use a different time filter or don't use it.
what time frame should i use for the time filter
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@satoriforex2k18 If I understood your usecase right, it should work.
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@satoriforex2k18 setup the pip size field
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@satoriforex2k18 You can use every minute, depending on the volatility of your asset. Or every n ticks. It's up to you. You can leave out the timefilter completely,. Than on each tick the conditions will be checked.
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@ambrogio for Nas100 i would have to type it as financial instrument = 0.1? For example: Nas100 = 0.1
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@satoriforex2k18 you have to write NASDAQ100 = 0.1 , exactly as the market watch show us
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@ambrogio Thanks
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@ambrogio Please advise on how i should place a trailing stop. i want it to trigger when am about 5 pips in profit. SL would be at 20 pips below priceThanks
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@satoriforex2k18 this is an example : Your buy order is open with stop loss for example of 100 pips, the price reaches the trailing start 5 pips above the order, immediately the stop loss is moved upwards to the trailing stop position (20 pips) and follows the upward price of one pips at a time (traling step = 1).
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@ambrogio Thanks for the clarity, let me give it a try. Will revert to you. I want this EA to work specifically on Nas100, once is profitable, i would then go for ViX75, then forex. I really really appreciate your input
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i am creating EA for MT5, seemingly the blocks are not the same as shown, should i use trailing stop instead of Trailing Stop (group of trades)?
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@satoriforex2k18 delete "for each position" and as i showed you in posts above, simply
trailing stop (group of trade) calculate the sum of more trade as your chose, and close all them
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@ambrogio The "for each position" block was hitting more SL than TP, would you know why?
Again i have placed TP @ 50 pips but i see its very close to the green line (current price), this was done on the buy & sell now blocks. -
@satoriforex2k18 show screenshot
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@ambrogio i would like to see the SL perform as per link below
https://support.3commas.io/hc/en-us/articles/360010887654-Trailing-Stop-Loss-follow-the-trend
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@satoriforex2k18 Call me stupid, but what I see in the video is that trailing starts immediately after trade open, right? And on each bar the SL will be adjusted, if price reached a new high.
In this case I'd say it's like that...
The step size I put to 1 as it means price have to exeed current high by 1 pip. You may choose 0 here, but I don't like too many modyfy SL messages in the history.
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@trader-philipps have removed TP, tested it on M5, now am testing it on M15 then H1. Will share test results with you
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@satoriforex2k18 try this
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@ambrogio condition?
