Static stop loss as soon as order comes in profit.
expertarts: Please guide me to something which can... | You have only three choices: Search for it, learn to code it, or pay someone. We're not going to code it FOR you. We are willing to HELP you when you post your attempt (using SRC) and the nature of your problem. |
Here is the attempt to do so.Modify all order stop loss from current ask/bid to 5 pips below when order comes in 14 pips profit.
Now I am not sure will it work on every open order.I tried it on backtest with simulator but no message in journel tab when the profit of 14 pips is hit.
Now its my attempt to achieve so.It might be a small project for someone but that is it how i know above all.If I got help it will move if not then what can be done.
CHEERS!!!
in short ?! OrderModify
in more detailed way ?! Freelance !
https://www.mql5.com/en/forum/152192
if u keen to help with the code its attached now.give me a solution out of it according to the requirement.
CHEERS!!!
expertarts: Here is the attempt to do so. expertarts: help with the code its attached
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the problem is: it's not "your" attempted code
it's coming from an EA builder, so please...
//+------------------------------------------------------------------+ //| Modify SL_Profit Lock.mq4 | //| MetaQuotes Software Corp. | //| http://www.metaquotes.net | //+------------------------------------------------------------------+ #property copyright "MetaQuotes Software Corp." #property link "http://www.metaquotes.net" #include <stdlib.mqh> #include <WinUser32.mqh> // exported variables extern double Amount10 = 14; extern bool AllOrderTypes10 = true; extern int BuyStoploss5 = 5; extern int BuyTakeprofit5 = 0; extern double Amount2 = 14; extern int SellStoploss1 = 5; extern int SellTakeprofit1 = 0; // This allows the ea to manage all existing trades extern string OverRide1="ManageAllTrades will override all others"; extern bool ManageAllTrades=true; // User can choose a variety of trade managment triggers. // These are for use on a chart that controls the currency of that chart extern string ManagementStyle="You can select more than one option"; extern bool ManageByMagicNumber=true; extern int MagicNumber=274693; extern bool ManageByTickeNumber=true; extern int TicketNumber; // local variables double PipValue=1; // this variable is here to support 5-digit brokers bool Terminated = false; string LF = "\n"; // use this in custom or utility blocks where you need line feeds int NDigits = 4; // used mostly for NormalizeDouble in Flex type blocks int ObjCount = 0; // count of all objects created on the chart, allows creation of objects with unique names int current = 0; int init() { NDigits = Digits; if (false) ObjectsDeleteAll(); // clear the chart Comment(""); // clear the chart } // Expert start int start() { if (Bars < 10) { Comment("Not enough bars"); return (0); } if (Terminated == true) { Comment("EA Terminated."); return (0); } OnEveryTick3(); } void OnEveryTick3() { if (true == false && false) PipValue = 10; if (true && (NDigits == 3 || NDigits == 5)) PipValue = 10; CheckOpenOrders10(); CheckOpenOrders2(); } void CheckOpenOrders10() { double profit = 0; for (int i=OrdersTotal()-1; i >= 0; i--) { if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (AllOrderTypes10 || (OrderType() == OP_BUY && OrderSymbol() == Symbol() && OrderMagicNumber() == 0)) { profit += OrderProfit(); } } else { Print("OrderSelect() error - ", ErrorDescription(GetLastError())); } } if (profit > Amount10) { BuyOrderModify5(); } } void BuyOrderModify5() { for (int i=OrdersTotal()-1; i >= 0; i--) if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (OrderType() == OP_BUY && OrderSymbol() == Symbol() && OrderMagicNumber() == 0) { double price = Ask; if (true == false) { price = OrderOpenPrice(); } bool ret = OrderModify(OrderTicket(), OrderOpenPrice(), price - BuyStoploss5*PipValue*Point, price + BuyTakeprofit5*PipValue*Point, 0, White); if (ret == false) Print("OrderModify() error - ", ErrorDescription(GetLastError())); } } } void CheckOpenOrders2() { double profit = 0; for (int i=OrdersTotal()-1; i >= 0; i--) { if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (true || (OrderType() == OP_SELL && OrderSymbol() == Symbol() && OrderMagicNumber() == 0)) { profit += OrderProfit(); } } else { Print("OrderSelect() error - ", ErrorDescription(GetLastError())); } } if (profit > Amount2) { SellOrderModify1(); } } void SellOrderModify1() { for (int i=OrdersTotal()-1; i >= 0; i--) if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (OrderType() == OP_SELL && OrderSymbol() == Symbol() && OrderMagicNumber() == 0) { double price = Bid; if (true == false) { price = OrderOpenPrice(); } bool ret = OrderModify(OrderTicket(), OrderOpenPrice(), price + SellStoploss1*PipValue*Point, price - SellTakeprofit1*PipValue*Point, 0, White); if (ret == false) Print("OrderModify() error - ", ErrorDescription(GetLastError())); } } } int deinit() { if (false) ObjectsDeleteAll(); }
Find attached code.
There's no problem compiling the code.the problem is its been not executed and it doesn't work or modify order as soon as the order's is in profit.I backtested it with simulation on stratergy tester but no results.I want it to execute when order in in profit of 14 pips place a stop loss below/above as per market order in accordance with current Ask/Bid Price.
Thanks for looking into the topic.
What might be the solution???
the problem is: it's not "your" attempted code
it's coming from an EA builder, so please...
Yes,you are right!!!!! I save my time building code via EA builder so its like that.!!
Yes,you are right!!!!! I save my time building code via EA builder so its like that.!!
ho, now i get it
and ...you expect us to spend "your" time to find out what's the EA builder's mistake instead of you ?? !!
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Please guide me to something which can auto adjust my stoploss to the allowable level say some pips as soon as it is in profit and lock it with this stoploss changing the previous stop loss.
I call it static stop loss which will move only once to a minimum stoploss as soon as order comes in profit.Its different from trailing stop.I want to lock my profit at the minimum allowable level and do not want to trail it along just stay there.
And How can it be applied on one chart and it would work for every open order or every open chart.
Example :- ATC multiporpose trade manager