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    markc

    @markc

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    Latest posts made by markc

    • RE: Entry, stop loss and take profit

      Hi, I've downloaded Tickstory data for EURUSD and I think the backtester is using this data. I've used the moving average ea that came with the platform and that works OK but when i try my ea i get the unmatched data error message. I suspect it is my ea causing the problem because I have never made an ea before. Can you give me any further advice. what could be wrong with my ea that is causing this message or what else could i be doing wrong?
      Thanks very much for all your help.

      posted in Questions & Answers
      M
      markc
    • RE: Entry, stop loss and take profit

      Thanks again. I've loaded the EX4 file onto metatrader and run the EA and got several messages in the journal along the lines of "test generator: unmatched data error (low value 1.36493 at 2013.12.19 00:00 is not reached from the least timeframe, low price 1.36514 mismatches)". On the Report tab there are 72 Mismatched chart errors. The modelling quality was 90%. What have I done wrong??

      posted in Questions & Answers
      M
      markc
    • RE: Entry, stop loss and take profit

      Thanks for that. I used Single Candle Template to identify the shape of the previous candle. I hope that is correct.
      When I try to create an EX4 file i get Compilation Errors: Pending - variable not defined; Order - variable not defined; Price - variable not defined; Stop - variable not defined; Loss - variable not defined. Can you help.
      Also, once I have constructed my EA, is there ant way of checking if there are construction mistakes before it is loaded onto MetaTrader?

      posted in Questions & Answers
      M
      markc
    • RE: Entry, stop loss and take profit

      Hi, I have selected dynamic options in Buy Pending Order but it does not allow me to set stop loss at 10 pips above the previous candle nor a take profit for a risk reward of 1:2. In my system I don't change my SL and TP once they are set.
      Regarding the 40% or fib 38.2, what i want to do is set my trade entry point at a fib 38.2 (or 40%, it doesn't matter) of the previous candle. The aim is to take advantage of the price retracement before it heads to my take profit target.
      I have looked at various options in fxdreema and it doesn't seem to be available. Can you tell me exactly where to look and how to do it.
      Thanks

      posted in Questions & Answers
      M
      markc
    • RE: Entry, stop loss and take profit

      It doesn't have to be a precise fib 38.2, just something near it. 40% retrace would be near enough.
      I have found For Each Object function and selected Fibonacci Retracement but don't understand what Z-A or A-Z means.
      I have looked and can't find anything that allows me to set the stop loss and take profit where i want to place it. Can you tell me where these functions are.
      I am totally new to EAs and know nothing about programming.
      If you can tell me how to carry out these functions in fxdreema then I can my EA done.
      Cheers

      posted in Questions & Answers
      M
      markc
    • RE: Entry, stop loss and take profit

      Hi, Any advice please.

      1. I want to enter trades once a candle has closed at a fib 38.2 level of the candle.
      2. I want to set my stop loss at 10 pips above the high of the wick when going short and 10 pips below the low of the wick when going long.
      3. I want my take profit to be twice the distance between my entry and my stop loss.
        Can I do that in fxdreema? Any help appreciated.
        Cheers!
      posted in Questions & Answers
      M
      markc