Posts made by roar

Did you do it like this:
https://fxdreema.com/shared/1WVco5iZ

I think the trade statistics always looks at the whole history, so you wouldn't be able to focus on some x number of history positions

I just realized the above is partial bullshit. Multiplying the profits doesnt work because we check it against average value. But its a start, at least

Dividing the currentprofit should work

@timmyhanke
So the question is, how to get the loss values from history positions.

I would store the current profit, to some variable currentprofit

Because you compare many trades to one trade, you need to multiply the currentprofit with the number of last trades before continuing - just use a formula. In the formula I would also multiply it with *-1, so it can be compared to a loss.

Then use the "check profit (average)" block, set to look at x number (number_of_positions) of history positions, and compare the average last profit to the currentprofit

https://fxdreema.com/shared/D382vaNlc

This is just a fast mockup, how I would do it, perhaps there is a better way. To be honest, I haven't used anything like this, because I try to avoid making decisions based on profits and losses, and rather focus on actual price data.

Yeah, that would work

Yeah, I went with the global variables, but it feels a bit clumsy solution, and makes a really weird interference in my backtest.
The file approach would be better, I guess its time to learn some actual MQL coding

^This is exactly why I like to help

If you need further help, I'm usually bored enough to assist

I downloaded your .ex4 and added 111 pips SL, heres what I got:

It should work technically, but the logic is now so that there must be profit in order to make anything happen - otherwise the ea just waits and hopes the profit to show up
Try with an SL

I modified it to work with profit, which, I think, you wanted in the first place
here: https://fxdreema.com/shared/c2mQcANde

Mine works now, it closes trades when equity drops 10%...

Oh, sorry didn't know that
Yes, youre right

This method doesn't actually precisely answer to your question, because it works with account equity, not profit. But with some changes, the method can be applied to the profit, loss or anything you want

After closing the trades, you need to reset the maxprofit to 0 - otherwise the logic works only one time.
Check how I did the resetting in https://fxdreema.com/shared/6FWqaYX2b
Block #5

Aaa, I found the problem!

Ah, I use mt5 myself and comment works fine.

No, the comment block is just for you, for debugging

In condition five, I set the Ratio to be lower than 0.9 - check your terminal that the value (inp4_value) really is 0.9. You can also try some different ratio value, maybe that helps.
Does it close everything constantly, if you disable the whole variable block tree?

Hmm, did you use the comment block, to view how the variables change?

Care to share the project so I can check

Yes, thats how you set them up.
You dont usually need to give them any values different than 0, because the ea updates them anyway

And the names "maxprofit" and "Ratio" are just pulled from the hat, the code doesn't really care what you name them of course

It's useful to see what the variables are at each moment - the comment block is for that