Posts made by Morpheus_0

@Bissy

Like that^^....Reverse for Sells...

But if you run it in the strategy tester I think you find it is not profitable in the long run. It's a well known strategy that has been tried by many*

@saadatfx - I am not familiar with that custom indicator but in Blocks 15 & 16 you have the same Output Buffer....

That may be the problem.....(?)

Some indicators run on Objects rather that Buffer Numbers....and that might be the case with yours.....

So what you could try is right click on the chart, look at the Objects List and see if you can locate the object name....

You could then use the Objects blocks in your builder, but I'm unsure if you can get an Object to read above/below a certain value....

But see how you go...Hope that helps*

@Edtoloza - You need to add the indicator to you Custom Indicators and then work out which Buffer Number matches to which colour....*

This channel has very good tips as a starting point....>>
https://www.youtube.com/results?search_query=boxxocode+grid

@William-1 - Give the Arrow a name and then try some different things with this block....>>

@roar - Seems to be working now. Many thanks*

@roar - Thanks Roar. I will test this and see how I go....:)

@roar - Hi Roar. 10% of current balance.....

Should work in Strategy Tester yeh....?

It worked for me in the past....Mess around with it and see what you can come up with*

@William-1 - I would say like this....>>

@biztet - I think he means like this...>>

@l-andorrà - Please correct me if I'm wrong*

Hi All,

I'm trying to use the Equity Drawdown to close trades but it doesn't seem to be working.....

I'm using an example posted by @roar a while ago...>>
https://fxdreema.com/shared/7i5Qzlnoc

2 Blocks On Init.
3 On Tick.

TIA*

@Morpheus_0 said in Check distance pending order:

@William-1 - What you could try is to draw an Object on the chart at the MA cross and then get the EA to count 40 pips above (or below) that Object....(?)

^^^

@William-1 - What you could try is to draw an Object on the chart at the MA cross and then get the EA to count 40 pips above (or below) that Object....(?)

@fxbam said in Increase Lot Size and Close all?:

I have no way of knowing how much further the next entry will be from the last one.

And therein lies the problem that you and every other trader out there faces.....

We also have no idea when and where the market will turn around or how far it will pullback*

In your Check Distance block you have Candle ID as 1...This means it is only checking the distance from the last previous candle*

@fxbam - That is up to you. I put 2 as an example as it doesn't take much of a pullback for the bigger trades to cover the smaller ones and get an overall profit of $2.....

The larger the profit amount, the more price has to pull back to cover the trades that are under water...Don't forget the market can move in a straight line for some time, especially after a major news event......

This is the danger of Grid or Martingale trading*

Also, here is a link to how you can increase (or decrease) Lot Sizes....The Formula would be up to you to mess around with*
https://fxdreema.com/shared/m8VpBbD8b

@fxbam - The First one I am trying to work that out myself so I'll get back to you....

The second one you can do something like this...>>

@OntradingX - Are you able to post a link to the project? .:)