EA fix & modifications needed

MQL4 Indikatoren Experten

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Spezifikation

HI 


I HAVE ATTACHED A FILE WITH CODES OF MY EA AND SOME MODIFICATIONS AND SOME NEW PARAMETERS NEED TO BE ADDED


THE REQUIRMENTS ARE AS FOLLOWS

MODIFICATION NEEDED




1. EA IS CONSTANLY DELETING THE PENDING ORDERS NO NEED TO DELETE THE PLACED PENDING ORDERS IF IT NOT ACTIVATED INSTEAD MODIFY THE PLACED PENDING ORDER TO THE VALID NEW SINGAL IF APPICABLE


EXAMPLE


IF A BUY STOP IS PLACED AND IT IS NOT ACTIVATED CURRENTLY IT IS DELETING THE PLACED PENDING ORDERS IF IT IS NOT ACTIVATED AND IT IS DELETNG WHEN OPPOSITE PENDING ORDER IS PLACE  INSTEAD OF CURRENT SETUP  WHEN THERE IS VALD NEXT BUY STOP SIGNAL EA SHOULD MODIFY THE NON AVTIVATED BUY STOP TO THE NEW VALID SIGNAL


EA SHOULD MODIFY THE NON ACTIVATED SELL STOP TO THE VALID NEXT SELL STOP SIGNAL


 







2. MANANGE ENTRY POINT 



EXAMPLE GOLD 


PARAMETER VALUE IS 100




LET'S SAY  PRICE MOVING UP 



ACTIVE SELL AT 1945 


IF THE EA SIGNAL NEXT SELL STOP PENDING ORDER AT 1945.50 MAKE THIS SIGNAL NOT VALID 

BECAUSE THE DISTANCE FROM THE ACTIVE TRADE IS LESS THAN PARAMETER VALUE 



IF THE EA SIGNAL SELL STOP  PENDING ORDER AT 1946 SO THIS SIGNAL IS VALID 

BECAUSE THE DISTANCE FROM THE ACTIVE TRADE IS MATCHES THE PARAMETER VALUE 


SO PROBABLY THE ACTIVE TRADE WILL AROUND 1946


OK NOW 


ACTIVE SELL TRADE AT 1946


ACTIVE SELL TRADE AT 1945


SO IF ANY SELL STOP SINGAL BETWEEN 1946 AND 1945 IS NOT VALID 


ONLY BUY STOP IS VALID BETWEEN 1946 AND 1945


SAME FOR THE BUY STOP








LET'S SAY PRICE MOVING DOWN




ACTIVE SELL AT 1946

ACTIVE SELL AT 1945


EA SINGAL SELL STOP AT 1946.50 THIS SINGAL IS NOT VALID SO NO NEED TO PLACING PENDING ORDERS


SINGAL BETWEEN 1946 AND 1945 NOT VALID DUE TO THE ACTIVE TARDE EXISTS


EA SIGNAL SELL STOP AT AT 1944 IS VALID BECAUSE THE DISTANCE BETWEEN THE ACTIVE TRADE THE PARAMETER MATCHES


NEW PARAMETERS NEEDED


1. DAILY PROFIT PARAMETER (IN PERCENTAGE ON THE BALANCE)


ONCE THE ACCOUNT EQUITY PARAMETER VALUE REACHED STOP THE TRADING OPERATION AND DELETE ALL PENDING ORDERS AND CLOSE ACTIVE TRADES  AND WAIT FOR THE NEXT DAY 




2.CLOSE ALL IN PROFIT (IN PERCENTAGE OF THE BALANCE )


WHILE CLOSING THE TRADES EA SHOULD TAKE IN TO ACCOUNT THE THE SWAP CHARGES AND COMMISION CHARGES



THIS PARAMETER SHOULD CALCULATE THE HIGHER PRICE AND LOWER PRICE OF THE ACTIVE TRADES AND LOOKS FOR THE FOLLOWING CONDTIONS TO CLOSE 

CONDITION 1 - WORKS WHEN THERE IS ACTIVE BUY AND SELL 


CONDITION-2 WORKS WHEN THE ACTIVE TRADES ARE IN PROFIT IF THE OPPOSITE TRADE ACTIVATED


CONDITION-3 WORKS WHEN THE ACTIVE TRADES ARE IN PROFIT AND THERE IS NO OPPOSITE TRADE 


EXAMPLE FOR

 CONDITION 1

MAKE IT LIKE 1 BUY LOSS OR SELL LOSS WITH OPPOSIT 2 PROFITABLE TRADES ONLY 



BUY AT 1920-PROFIT


BUY AT 1918-PROFIT

BUY AT 1915 -PROFIT


SELL AT 1914 - LOSS

SELL 1912 -LOSS


IN THE ABOVE CASE(PRICE MOVING UP) EA SHOULD SELL LOSS ONLY WITH NEXT 2 PROFITABLE BUY PROFIT 


SO EA SHOULD CLOSE THE LOWER PRICE SELL LOSS (SELL AT 1912) ONLY WITH THE NEXT 2  BUY PROFIT(LOWER PRICE) WHICH IS AT 1915 AND 1918


BUY AT 1920-LOSS


BUY AT 1918-LOSS

BUY AT 1915 -LOSS


SELL AT 1914 - PROFIT

SELL 1912 -PROFIT



IN THE ABOVE CASE (PRICE MOVING DOWN)  EA SHOULD CLOSE THE BUY LOSS ONLY WITH THE NEXT 2 PROFITABLE SELL PROFIT


SO EA SHOULD CLOSE THE HIGHER PRICE BUY LOSS (BUY AT 1920) ONLY WITH THE NEXT 2  SELL PROFIT (HIGER PRICE ) WHICH IS AT 1914 AND 1912



CONDITION 2



EXAMPLE 


SELL AT 1965-PROFIT

SELL AT 1964-PROFIT 

SELL AT 1963- PROFIT 


BUY AT 1959 -PROFIT



IN THE ABOVE CASE EA SHOULD CLOSE SELL AT 1965 AND BUY AT A959 




 CONDITION 3


EXAMPLE

WHEN PRICE MOVES UP THE FOLLOWING TRADES ARE ACTIVATED


BUY AT 1912-PROFIT

BUY AT 1913 -PROFIT

BUY AT 1914-PROFIT 

BUY AT 1915-PROFIT


LET'S SAY THE REVERSES FROM 1916


AND BUY AT 1915 ARE IN LOSS


EA SHOULD CLOSE BUY AT 1912  WHICH IS IN PROFIT WITH BUY AT 1915 WHICH IS IN LOSS WHEN THE CLOSE IN PARAMETER VALUE REACHED


EA SHOULD CLOSE BUY AT 1913  WHICH IS IN PROFIT WITH BUY AT 1914 WHICH IS IN LOSS WHEN THE CLOSE IN PARAMETER VALUE REACHED


BASIC IDEA IS FOR THE BUY IS LOWER PRICE (PROFIT) SHOULD CLOSE WITH HIGHER PRICE (LOSS)

FOR THE SELL HIGHER PRICE (PROFIT) SHOULD CLOSE WITH LOWER PRICE (LOSS)


THIS CONDITION SHOULD WORK WHEN THERE IS NO OPPOSITE TRADE OPEN




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