how can i search the current pair name if it contains "JPY" and if found, use 100. if not use 10000. ?

thanks, i am using the slide-out variables now. this eliminates an extra Modify Variables block for me.

can you help with the conversion from price format to #pips e.g. .0031 to 31pips, so that it works for regular and JPY pairs?

could you post a link to a page that explains how that slide-out Variables box works? i still don't get it.

let's take MFE maximum favorable excursion - the max number of pips price has moved IN FAVOR of the trade, during the trade, ie. the most $ you could have made with supernatural timing - for LONG trades:

i can see a couple of ways to do this now, neither involves the Pips from Open block, which only passes if the trade is a specified number of pips from the open price of the trade. since we are trying to find the number of pips we are from this open we can either:

1. compare the current bid to the trade's open price in a loop until trade is closed
2. at close of trade, find the highest high since a specified bar or since a specified time (Formula block>Market Properties). [but how to identify the exact entry time is beyond me at this point]

i don't know how to post the code but this is working:

define project variables
MFE=0
MFEtemp=0

5 steps in sequence:

0. IF TRADE IS RUNNING, type: Buys
1. if bid > Trade/Order in Loop, Open Price (level) then (CONDITION)
2. MFEtemp = Bid - Trade/Order in Loop, Open Price (level) (FUNCTION)
3. if MFEtemp > MFE then (CONDITION)
4. MFE = MFEtemp (MODIFY VARIABLES)

MFE result is shown as a price level and needs conversion to pips. e.g. .0031 for 31 pips on a USD pair

variables will reset upon next trade entry and start again. so upon close of trade, i want to store this value to an .xls

also if anyone knows how to convert from price format to #pips for both Western and JPY pairs, i'd love to know
cheers

ok, i just found the Modify Variables block.

so i just need to know how to configure the Pips Away block. what is the 'Pips away' field- is this where you store the value into a variable? the Help is a little cryptic

thank you

could you explain the Pips away from open module in detail please.

the help says: "Use this block to check how far from the open-price (of the currently loaded trade/order) the current market price is. It works with trades or orders."

Direction mode: Trading model, double-sided, or chart model - please explain. these options do not seem to affect the block parameters
Pips Away mode: fixed value, % of SL, % of TP, dynamic (pips)

once a bar, i want to compare the Pips from Open from the last time it was compared to the open. if it is greater, update the variable. if not, ignore it.

how do i store the current Pips away value, compare it, and update the value if necesssary?
thanks

maybe something like this: if trade is running > pips away from open price > compare to previous value? if higher, store in a variable > at trade close, write variable to an excel file.

i just need help with the question mark part

for longs, i would like to find the the lowest price dropped during a trade (MAE)

and the highest price reached during a trade (MFE)

any help with this is appreciated thanks

yes, your code is like my workaround (which works). but when my Project Variable is simply set to -1, it doesn't work. i have to make the PV +1 and use the Adjust *-1 as you did in order for it to work.

i just discovered that Project Variables cannot be negative. or at least it seems that way.

my entry Condition uses a custom indicator that references a Project Variable, and as soon as i flipped the variable positive, and used the ADJUST field *-1, my entry now works.