Take profit and stop loss in percentage
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Sergey Golubev:
Sorry but Sorry but I didn't know about this button. Thanks for telling me. Here is the code//---- input parameters extern string time_trader_v2="Nirvish Time Trader"; extern double Lots=0.1; extern int TakeProfit=6; extern int StopLoss=100; extern int Slip=5; extern string TradeSettings="Mt4 time(min-max): hours 0-23, minutes 0-59, seconds 0-59"; extern bool AllowBuy=true; extern bool AllowSell=true; extern int TradeHour=0; extern int TradeMinutes=0; extern string MagicNumbers="To be changed in case of conflict with other EAs"; extern int BuyMagicNumber =10001; extern int SellMagicNumber =10002; //+------------------------------------------------------------------+ //| expert initialization function | //+------------------------------------------------------------------+ int init() { //---- Alert("Nirvish Time Trader"); //---- return(0); } //+------------------------------------------------------------------+ //| expert starts | //+------------------------------------------------------------------+ int start() { //---- int StopMultd,Sleeper=1; int digits=MarketInfo("EURUSD",MODE_DIGITS); StopMultd=10; double TP=NormalizeDouble(TakeProfit*StopMultd,Digits); double SL=NormalizeDouble(StopLoss*StopMultd,Digits); int Slippage=Slip*StopMultd; // Calculate stop loss double slb=NormalizeDouble(Ask-SL*Point,Digits); //(Ask-(95*Ask/(100*Lots)),Digits) double sls=NormalizeDouble(Bid+SL*Point,Digits); // // Calculate take profit double tpb=NormalizeDouble(Ask+TP*Point,Digits); double tps=NormalizeDouble(Bid-TP*Point,Digits); //-------------------------------------------------------------------+ //Check open orders //-------------------------------------------------------------------+ if(OrdersTotal()>0){ for(int i=1; i<=OrdersTotal(); i++) // Cycle searching in orders { if (OrderSelect(i-1,SELECT_BY_POS)==true) // If the next is available { if(OrderMagicNumber()==BuyMagicNumber) {int halt1=1;} if(OrderMagicNumber()==SellMagicNumber) {int halt2=1;} } } } //-------------------------------------------------------------------+ if((halt1!=1)&&(AllowBuy==true)){// halt1 // Buy criteria if ((TradeHour==Hour())&&(TradeMinutes==Minute())) //Signal Buy { int openbuy=OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,0,0,"time trader buy order ",BuyMagicNumber,0,Blue); if(openbuy<1){int buyfail=1;} } }// halt1 if((halt2!=1)&&(AllowSell==true)){// halt2 RefreshRates(); // Sell criteria if ((TradeHour==Hour())&&(TradeMinutes==Minute())) //Signal Sell { int opensell=OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,0,0,"time trader sell order ",SellMagicNumber,0,Green); if(opensell<1){int sellfail=1;} } }// halt2 //----------------------------------------------------------------------------------------------------- if(OrdersTotal()>0){ for(i=1; i<=OrdersTotal(); i++){ // Cycle searching in orders if (OrderSelect(i-1,SELECT_BY_POS)==true){ // If the next is available if((OrderMagicNumber()==BuyMagicNumber)&&(OrderTakeProfit()==0||OrderStopLoss()==0)) { OrderModify(OrderTicket(),0,slb,tpb,0,CLR_NONE); } if((OrderMagicNumber()==SellMagicNumber)&&(OrderTakeProfit()==0||OrderStopLoss()==0)) { OrderModify(OrderTicket(),0,sls,tps,0,CLR_NONE); } } } } //-------------------------------------------------------------------+ // Error processing //-------------------------------------------------------------------+ if(buyfail==1||sellfail==1){ int Error=GetLastError(); if(Error==130){Alert("Wrong stops. Retrying."); RefreshRates();} if(Error==133){Alert("Trading prohibited.");} if(Error==2){Alert("Common error.");} if(Error==146){Alert("Trading subsystem is busy. Retrying."); Sleep(500); RefreshRates();} } //------------------------------------------------------------------- return(0); } //+-----------------------------------
V... A...:
Here is some usefull stuff ;-)
Thank you, but how can I write it on my expert advisor?
Here is some usefull stuff ;-)
Good afternoon you all,
I have this Expert Advisor in which I can set take profit and stop loss in points. I want to change this parameter with the percentage of the investiment. For example, when the profit is at 25% of the amount invested or when the loss is at -70% of the amount invested the investiment will close. I hope someone will help me. Have a good day.