Posts made by vishnu

I want my EA to stop trading once I reach certain profit target , i.e : target 50Dollars from the start of the day.

How do I do that in this block. I've set the profit block as the first one so it checks if my profit is greater than 50. Then if that statement is false , then it runs the trade.
But it doesn't stop trading even after the profit target is reached.

Thanks,

I've sorted out problem 1. Thanks for solution two. MT4 is prompting error messages saying invalid SL requested.

Here's what i want with my money management. 2% of my capital to risk , stop loss 1ATR below the low of the previous candle. Take profit 1.5 times my risk , which is 3%. I heard someone told if the risk is 2% then I have to key in 2000 in the money management column which indicates 2% , is that right ? As you can see from my image above , I just entered single digit 2. Is there anything else to modify ?

Hi there ,

I have two problems :

1. I need a pending order (long) to be opened when EMA(5) crosses EMA(10) from below on a 15 minute timeframe. I need a confirmed crossover before opening a pending position ,
   meaning that when the MA crossover happens , the candle must be closed and the pending order must be opened in the next candle , 5 pips above the high of the previous candle.

But if my condition is : If EMA(5) *> EMA(10) , how do I make sure if it’s a confirmed crossover ? it could be in the middle of a 15M candle where a spike can cause the MAs to cross and then at the candle close , it’s not an actual crossover.

2. I need my stoploss based on ATR(14). Prior to opening the pending order , stoploss must go 1ATR below the low of the previous candle.

Thanks in advance.