Stop loss error 130
This is the most common error around here. There are thousands of post showing how to avoid this. Do a Google/Bing search.
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MarketInfo(Symbol(),MODE_STOPLEVEL);
. . . and please . . .
Please use this to post code . . . it makes it easier to read.
You need to adjust in your code for 4 or 5 digit Brokers . . . if you are using a 5 Digit broker your stoploss is 2.5 pips.
Look here for help: 4/5 digits
If your Sell order fails you report it as a failed Buy order . . .
else Print("Error opening BUY order : ",GetLastError());
Is your Broker an ECN Broker ? if they are then you need to send the order with TP & SL set at 0 then do an OrderModify to add the TP & SL, info here: ECN Brokers
You don't seem to be allowing for spread . . . a Sell is opened at Bid but closed (SL & TP) at Ask, a Buy is opened at Ask but closed at Bid.
Happy New Year :-)
extern double StopLoss =25.00; // SL for an opened order : ticket=OrderSend(Symbol(), OP_BUY, Lots, Ask, 3, Ask-StopLoss*Point, Ask+TakeProfit*Point, "Bollinger", 16384, 0, Green); //Opening Buy
a 2.5 pip SL on a 5 digit broker may be below stoplevel. And a 0.3 pip slippage us mostly useless. Will not work on a ECN broker.//++++ These are adjusted for 5 digit brokers. int pips2points; // slippage 3 pips 3=points 30=points double pips2dbl; // Stoploss 15 pips 0.015 0.0150 int Digits.pips; // DoubleToStr(dbl/pips2dbl, Digits.pips) int init(){ if (Digits % 2 == 1){ // DE30=1/JPY=3/EURUSD=5 https://www.mql5.com/en/forum/135345 pips2dbl = Point*10; pips2points = 10; Digits.pips = 1; } else { pips2dbl = Point; pips2points = 1; Digits.pips = 0; } // OrderSend(... Slippage.Pips * pips2points, Bid - StopLossPips * pips2dbl //---- These are adjusted for 5 digit brokers. /* On ECN brokers you must open first and THEN set stops int ticket = OrderSend(..., 0,0,...) if (ticket < 0) Alert("OrderSend failed: ", GetLastError()); else if (!OrderSelect(ticket, SELECT_BY_TICKET)) Alert("OrderSelect failed: ", GetLastError()); else if (!OrderModify(OrderTicket(), OrderOpenPrice(), SL, TP, 0) Alert("OrderModify failed: ", GetLastError()); */
if(OrdersTotal()<1){ In_Trade=false; }
This makes the EA incompatable with other EA (including itself on other charts.) Always filter by magic number.int count = 0; for(int iPos = OrdersTotal()-1; iPos >= 0; iPos--) if( // Open orders OrderSelect(iPos, SELECT_BY_POS) // Only my orders w/ && OrderMagicNumber() == Magic.Number // my magic number && OrderSymbol() == chart.symbol // and my pair. ){ count++; } In_Trade = count != 0;
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I need some help with this stop loss issue. the following code gives me a 130 error (invalid stop loss).
Even though the stop loss and take profit are above the minimum limit?
i dont get it at all
thanks to anyone who can help
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#property copyright "Copyright © 2011, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net"
extern double Upper_Band =0.00; //value of upper band
extern double Lower_Band =0.00; //value of lower band
extern double Middle_Band =0.00; //value of lower band
extern bool In_Trade = false; //in trade or not?
extern int Entry_Step_Upper ; //Entry stage upper band
extern int Entry_Step_Lower ; //Entry stage lower band
extern double StopLoss =25.00; // SL for an opened order
extern double TakeProfit =50.00; // SL for an opened order
extern double Lots =0.1; // Ammount of Lots in a position
extern int ticket=0 ; //ticket
extern int updateammount=0;
string Position; // Security name
extern bool Ans;
// expert initialization function
int init()
{
return(0);
}
// expert deinitialization function
int deinit()
{
Alert (updateammount);
return(0);
}
// expert start function
int start()
{
if(AccountFreeMargin()<(1000*Lots))
{
Alert("We have no money. Free Margin = ", AccountFreeMargin());
}
if(Bars<100)
{
Alert("bars less than 100");
return(0);
}
Upper_Band = iBands(NULL,0,20,2,0,PRICE_LOW,MODE_UPPER,0);
Lower_Band = iBands(NULL,0,20,2,0,PRICE_LOW,MODE_LOWER,0);
Middle_Band= iBands(NULL,0,20,2,0,PRICE_LOW,MODE_MAIN,0);
//Entering Trade
if(OrdersTotal()<1){
In_Trade=false;
}
else
{
In_Trade=true;
}
if(In_Trade==false)
{
//Selling criterion
//Step1
if(High[0]>Upper_Band&&Entry_Step_Upper==0)
{
Entry_Step_Upper=1;
}
//Step2
if(High[0]<Upper_Band&&Entry_Step_Upper==1)
{
Entry_Step_Upper=2;
}
//Place Short
if (Entry_Step_Upper==2)
{
//place order
RefreshRates();
ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*Point,Bid-TakeProfit*Point,"Bollinger",16384,0,Red);//Opening Sell
if(ticket>0)
{
if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("SELL order opened : ",OrderOpenPrice());
Position="sell";
Entry_Step_Upper=0;
In_Trade=true;
}
else Print("Error opening BUY order : ",GetLastError());
}
//Buying criterion
//Step1
if(Low[0]<Lower_Band&&Entry_Step_Lower==0)
{
Entry_Step_Lower=1;
}
//Step2
if(Low[0]>Lower_Band&&Entry_Step_Lower==1)
{
Entry_Step_Lower=2;
}
//Place Long
if (Entry_Step_Lower==2)
{
//place order
RefreshRates();
ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*Point,Ask+TakeProfit*Point,"Bollinger",16384,0,Green);//Opening Buy
if(ticket>0)
{
if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice());
Position="buy";
Entry_Step_Lower=0;
In_Trade=true;
updateammount+=1;
}
else Print("Error opening BUY order : ",GetLastError());
}
}
//Exit Trade
if(In_Trade==true)
{
//close Sell position
if (Position=="sell")
{
if( Ask<Middle_Band)
{
RefreshRates();
Ans=OrderClose(OrderTicket(),OrderLots(),Ask,2,Violet); // Closing Buy
if (Ans==true) // Success :)
{
Alert ("Closed order Buy ",OrderTicket());
Position=" ";
Entry_Step_Upper=0;
In_Trade=false;
ticket=0;
}
}
}
//Close buy Position
if (Position=="buy")
{
if(Ask>Middle_Band)
{
RefreshRates();
Ans=OrderClose(OrderTicket(),OrderLots(),Bid,2,Violet); // Closing Buy
if (Ans==true) // Success :)
{
Alert ("Closed order Buy ",OrderTicket());
Position=" ";
Entry_Step_Lower=0;
In_Trade=false;
ticket=0;
}
}
}
}
return(0);
}
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