HEDGING THE SAME CURRENCY PAIR,a problem!

[Adegbola Shodunke]

I try to write an EA where two opposite instant orders of OP_BUY and OP_SELL COULD BE OPEN .I discover only one of the order keep opening, the other being ommited.Why?

int start()
{
//----
if (time0 != Time[0]) {

OrderSend(Symbol(),OP_BUY,Lots,Ask,30,Bid-stoploss*Point,Bid+takeprofit*Point,"JMBUYER",0,0,CLR_NONE);


OrderSend(Symbol(),OP_SELL,Lots,Bid,30,Ask-stoploss*Point,Ask+takeprofit*Point,"JMBUYER",0,0,CLR_NONE);
time0=Time[0];}
//----
return(0);

}

help look into it.Thanks

[Tony]

Hi

For starters, it looks as though the sell order has invalid stoploss and takeprofit (assuming the variables are positive). Try changing

OrderSend(Symbol(),OP_SELL,Lots,Bid,30,Ask-stoploss*Point,Ask+takeprofit*Point,"JMBUYER",0,0,CLR_NONE);

to

OrderSend(Symbol(),OP_SELL,Lots,Bid,30,Ask + stoploss*Point,Ask - takeprofit*Point,"JMBUYER",0,0,CLR_NONE);

Also, it is common to use the value returned by OrderSend() to check that the order was placed successfully. This short script demonstrates your error. You should see "ticket = -1, Error = 130," in the Experts tab of the terminal, which corresponds to invalid stops.

//+------------------------------------------------------------------+
//|                                                TestOrderSend.mq4 |
//|                                                                  |
//+------------------------------------------------------------------+

//+------------------------------------------------------------------+
//| script program start function                                    |
//+------------------------------------------------------------------+
int start()
{
   int ticket;
   double Lots = 0.01;
   double stoploss = 100;
   double takeprofit = 100;
   ticket = OrderSend(Symbol(),OP_SELL,Lots,Bid,30,Ask-stoploss*Point,Ask+takeprofit*Point,"JMBUYER",0,0,CLR_NONE);
   if( ticket <= 0 )
      Print( "ticket = ", ticket, ", Error = ", GetLastError() );
   return(0);
}
//+------------------------------------------------------------------+

Cheers

Jellybean