Hi everyone. Here I created a simple and fast position size calculator for anyone who is interested. You'll simply have a horizontal line which you pull to where you want your stop loss. The EA creates a buy and a sell button on the left hand side...you'll use these to enter the trades. When starting the EA, you can either select a fixed money amount to risk or a percentage of your balance.

I trade the 5m chart and have to be quick in getting into trades. None the less, risk management is important. This EA is focused on fast execution without all the calculating of position size.

You can find the project here: https://fxdreema.com/shared/S4irmwcMc.

Use normal condition blocks, like this:

One of these blocks has to pass to get to the next two blocks with the ID 2.

I have the condition blocks and that works fine. What doesn’t work is the EA to react when a new low after entry is made. I wanted to use lowest price with candle IDs but how do I know which ID the candle has, where I opened the trade?

Guys, I've been working on a solution to move my stop loss automatically for so long now and I just can't do it. Can anyone more advanced give me a good solution? What I want is this (sell example):

Entry is the green line. As my trade goes into profit and price then pulls back above the 10 and 15 EMA, I want to move the stop loss to 1 pip above the pullback when price makes new lows (blue line). Not before...so as long as there is no new low, I don't want SL moved. Also, I only want the stop to be moved, if the new stop is in profit...so the highest point of the pullback has to still be in profit.

Could anyone show me a tree that can do that...I've really been at this since ages and just can't get it to work. Thanks a lot!

Hi guys. I am working on an EA to trade the Nasdaq. I use a VWAP indicator for that, which needs QQQ to give accurate signals. As you know, MT4 doesn’t have QQQ. Is there any possible way to copy the VWAP indicator signals I receive on tradingview and plant them into my EA on MT4? Probably not, but worth asking…

@jstap I don't know what you mean exactly. Could you show me? Thanks.

Hi. So here is a shared link to my EA that should automatically move stops to the last time a candle closed above the 10 and 15 EMA, if the highest point of that pullback (blue line) is lower than entry price (yellow line) and price makes a new low since entry: https://fxdreema.com/shared/XGUobnOHd

Can anyone tell me, why the stop was not moved to the blue line when price made a new low? There must be a mistake in my logic somewhere. My suspicion is that there is something wrong with the candle counter?

I found the mistake. Forgot one variable. Problem solved. Thanks anyway.

https://fxdreema.com/shared/lhEweHkvd There is some kind of mistake somewhere that makes the EA not able to start in Mt4.

Hi. I would like the EA to execute certain funtions only on specific accounts. I thought I'd use the condition block on top of my tree with "Account" - "Login number" like this:

But this does not seem to work. Can anyone tell me how to correct this?

Yes I can do that. It seems to work now.

@l-andorrà No, there is no second EA. The original EA just has an extra function: If some kind of signal comes by phone, enter a market buy/sell with pre defined stop and lot size. At the moment I do it by using "if pending order" block, that activates the buy/sell, since I never use them otherwise. I can do the buy/sell limit/stop by phone and the EA on the computer enters a trade at market price.

So what I'm looking for is something easier, but I could live with that.