its clear enought now i think
partly what confused me is you spoke of limit orders while in face those will be stop orders
i think that i;ll implement the Option 1
it can build the zone by looking at the open price of the 1M open time
and you can set that to 00:01 time, it will be your broker's server time not your local time btw so make sure you set it correctly
the problem with mt4 is that EA's do not register when the take profit or stop loss was hit
that leaves two options
1. Forcing the code into the infinite loop, constantly checking the order history
2. Close trades with the EA rather then tp/sl so that EA knows when the trades were closed in profit or at a loss
i think i'll implement the second method, but that leave you with the problem that if the EA is not switched on at the time when tp or sl is reached, then trade will not get closed
let me know if thats acceptable
yes you are right about the stop orders
Your idea sounds very interesting. It would be nice if you could write the EA
so i can test if it works.
Thank you very much for your help!!!!
this EA you asked for turnout to be much more of a challange then i ever imagined
its very easy to do what you ask for manually, very simple system in itself
but but exteremely difficult to find code implementation that works
Here is my current implementation
the rules atm are such:
if the current price (Bid) is less than "few_pips" away from the price of the 1 minutes open bars, indicated by "hours" and "mins" parameters.
then set the but stop "x_pips" above that price and sell stop "x_pips" below
with Takeprofit == "TP" and Stoploss == "SL"
this is not the complete set of features you asked for, this is only the start
i just need you to get it working on your machine first
you can cause it to set trades by setting "few_pips" settign too high
and manipulating the time setting so that you can force it to trade and check if it works for you
i have made it work on my 5 digit broker
now its your turn
let me know how it goes
at first, i want to thank you for your effort!!!
I will try the EA and give a reply to you, as soon as i know something!
So again, thank you!!!
I wish you good trades an a nice day..
i have tried the EA. It works great!!!
I noticed, that the EA does only open buy and sell orders, if no order is in place at all.
That means, if the buy order was filled and the stop loss gets hit. The EA does not open a new buy order because the sell order is still there. The EA only sets new orders if there is no order at all.
Could you please include this funktion into the EA?
It would be very nice of you if you could also inplement the other required funktions for example the day-stop if the stop loss gets hit for example 10 times.
Thanks very much in advance!!!
yes i m intrested for your EA coding.1000$ for this EA coding.
Hi I'm looking for someone to code an indicator which I have.
I need an alert and email setup on it, and possibly turned into an EA as I would like the EA to exit my second position automatically based on the indicator mentioned above.
If this is possible to do could you please PM me.
Thanks in advance
I thought this thread didn't generate much interest and stopped checking it. I had a chance to check it today and was surprised about the requests.
@hawk248: Thanks for taking over and helping others. From now on I'll also start contributing.
Looking for an alert, on RSI when it crosses the 50 line (above and below) to sound only once.
I had searched and came up with this thread, https://www.mql5.com/en/forum/173492
But this doesn't answer my question. In a since, my question is similar to mart-harts, except based on RSI.