How can self documentation function this RSI and engulfing candle
Aung Swar:
if RSI over 70
if Close[0]>Open[1]
Sell ----
Close
if RSI = 50
if RSI below 30
if
Close[0]<Open[1]
Buy
Close
if RSI = 50
I tried to code it but not work .someone help me
Show your code if you want help.
extern int _MagicNumber = 1122; int start() { //---- Memorize indicator values for further analysis double RSIValue = iRSI(_Symbol,_Period,14,PRICE_CLOSE,0); int _GetLastError=0,_OrdersTotal=OrdersTotal(); //---- search among all open positions for(int z=_OrdersTotal-1; z>=0; z --) { // if an error occurs at finding the position, go to the next one if(!OrderSelect(z,SELECT_BY_POS)) { _GetLastError=GetLastError(); Print("OrderSelect( ",z,", SELECT_BY_POS ) - Error #", _GetLastError); continue; } // if the position was opened not for the current symbol, // skip it if(OrderSymbol()!=Symbol()) continue; // if MagicNumber does not equal to _MagicNumber, skip // this position if(OrderMagicNumber()!=_MagicNumber) continue; //---- if BUY position is opened, if(OrderType()==OP_BUY) { //- if(RSIValue>30) //---- close the position if(!OrderClose(OrderTicket(),OrderLots(), Bid,5,Green)) { _GetLastError=GetLastError(); Alert("Error OrderClose № ",_GetLastError); return(-1); } } // if signal has not changed, exit: it's too early for // opening a new position else { return(0); } } //---- if SELL position is opened, if(OrderType()==OP_SELL) { if (RSIValue < 70 ) { //---- close the position if(!OrderClose(OrderTicket(),OrderLots(), Ask,5,Red)) { _GetLastError=GetLastError(); Alert("Error OrderClose № ",_GetLastError); return(-1); } } // if signal has not changed, exit: it's too early to open // a new position else return(0); } //+------------------------------------------------------------------+ //| if execution has reached this point, this means no open position | //| check whether it is possible to open a position | //+------------------------------------------------------------------+ //---- if(( RSIValue < 32 )&&( Close[0]<Open[1] )) { //---- open a BUY position if(OrderSend(Symbol(),OP_BUY,0.1,Ask,5,0.0,0.0, "test",_MagicNumber,0,Green)<0) { _GetLastError=GetLastError(); Alert("Error OrderSend № ",_GetLastError); return(-1); } return(0); } // if ((RSIValue >72 ) &&(Close[0]>Open[1])) { //---- open a SELL position if(OrderSend(Symbol(),OP_SELL,0.1,Bid,5,0.0,0.0, "test", _MagicNumber,0,Red)<0) { _GetLastError=GetLastError(); Alert("Error OrderSend № ",_GetLastError); return(-1); } return(0); } return(0); }
Keith Watford:
Here my code thanks
Show your code if you want help.
Aung Swar:
Here my code thanks
Here my code thanks
So what is the problem? It doesn't work is not good enough.
Why the returns after finding a buy or sell (of symbol and magic number)?
- "Doesn't work" is meaningless - just like saying the car doesn't work. Doesn't start, won't go in gear, no electrical, missing the key, flat tires — meaningless.
- You open a buy when RSI is below 32 (and Bid below previous candle open.) You close buys the moment RSI goes above 30. Does that make sense to
you?
William Roeder:
But in backtesting.It is not work as I hope.Please help me some customisation in code.How can be more good in this strategy.My engulfing candle set up is not work .I want to open order when RSI below or above 72/32 and sell at Close[0] below than Open[1] and buy at Close[0] above than Open[1] .But this entry rule is not work .only RSI work but still not close code does not work.please help me.How can I get creative idea.
- "Doesn't work" is meaningless - just like saying the car doesn't work. Doesn't start, won't go in gear, no electrical, missing the key, flat tires — meaningless.
- You open a buy when RSI is below 32 (and Bid below previous candle open.) You close buys the moment RSI goes above 30. Does that make sense to
you?
Keith Watford:
Not work enough bro.cannot active order by engulfing candle and order not close at I command
So what is the problem? It doesn't work is not good enough.
Why the returns after finding a buy or sell (of symbol and magic number)?
Aung Swar:
But in backtesting.It is not work as I hope.Please help me some customisation in code.How can be more good in this strategy.My engulfing candle set up is not work .I want to open order when RSI below or above 72/32 and sell at Close[0] below than Open[1] and buy at Close[0] above than Open[1] .But this entry rule is not work .only RSI work but still not close code does not work.please help me.How can I get creative idea.
as this photo, multiple buy orders
But in backtesting.It is not work as I hope.Please help me some customisation in code.How can be more good in this strategy.My engulfing candle set up is not work .I want to open order when RSI below or above 72/32 and sell at Close[0] below than Open[1] and buy at Close[0] above than Open[1] .But this entry rule is not work .only RSI work but still not close code does not work.please help me.How can I get creative idea.
Files:
Screenshot_1.png
5 kb
William Roeder:
- "Doesn't work" is meaningless - just like saying the car doesn't work. Doesn't start, won't go in gear, no electrical, missing the key, flat tires — meaningless.
- You open a buy when RSI is below 32 (and Bid below previous candle open.) You close buys the moment RSI goes above 30. Does that make
sense to you?
multiple buy orders in this photo .So CODES not wotk .help me.
Files:
Screenshot_1.png
5 kb
- Help you with what? I asked two questions, and you ignored them. You just said the same things again — not useful.
- Of course, it opens multiple orders. You don't check and prevent it. Refactor your code.
- Find your open order (or not)
- If it's not time to close it, it's not time to open more. Prevent it.
- If it's time to close it, do it.
- Only then do you know you have no open orders, and can check if it's time to open.
- MT4: Learn to code it.
MT5: Learn to code. If you don't learn MQL4/5, there is no common language for us to communicate. If we tell you what you need, you can't code it. If we give you the code, you don't know how to integrate it into yours. - or pay (Freelance) someone to code it.
Hiring to write script - General - MQL5 programming forum
- MT4: Learn to code it.
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
if RSI over 70
if Close[0]>Open[1]
Sell ----
Close
if RSI = 50
if RSI below 30
if Close[0]<Open[1]
Buy
Close
if RSI = 50
I tried to code it but not work .someone help me