We want to create an EA for back-testing purposes only. We are trying to make a simple code with the following criteria: It should send a buy order when there have been three consecutive bars with ascending closing prices in all three of them, altogether.
The code we have is:
//| BackToBasic.mq4 |
//| MDAM |
//| https://www.mql5.com |
#property copyright "MDAM"
#property link "https://www.mql5.com"
#property version "1.00"
//| Expert initialization function |
int StopLossLevel = 10;
int TakeProfitLevel = 10;
OrderSend(Symbol(), OP_BUY, 1.0, Ask, 10, StopLossLevel, TakeProfitLevel, NULL);
When we back-testing this EA, it doesn't buy anything at all. We don't get any errors as well, and the compilation is successful.
Can you please help us - what are we doing wrong here?
Thanks in advance.
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Your approach is completely wrong and outdated as well. Listing and explaining what is wrong would be a very lengthy discussion, so I suggest that you first do some research, by reading the following and looking at example code:
so when you compile, you should get a warning that the return from OrderSend should be checked. If you had checked, you would probably get "Invalid stops."
You cannot send an order with SL 10 and TP 10. They must be the entry price + or - a value.
It is not a good idea to send orders from init, price values etc may not be updated yet after starting MT4.
doesn't make sense, giving the variable ClosePrice_1 the value of Close can be confusing and in more complicated code may make finding errors more difficult.
Why use internediate variables amyway? Simply use....
bt anyway, that is not what you said that you are trying to do
It should send a buy order when there have been three consecutive bars with ascending closing prices
@GumRai. At this point, it is not worth specifying all the invalid points, because the OP still needs to learn the basics first (e.g. currently has all his code in the "init()" event handler instead of the "start()" or the newer "OnTick()" ).
All that can be said, such as what you have already stated as being wrong, is probable not going to be understood by the OP at this time. He first needs to understand the basic structure of an EA in MQL, and for that he should follow the tutorial and study some example code. Only after that, will he be able to understand any of the faults that we may list here.
if(TickSize==0.00001 || TickSize==0.001)
is this what you are looking for?
Places a buy order when you have 3 descending close prices and places a sell order after 3 ascending close prices.