- www.mql5.com
- Little stuck here with Buy Sell Conditions
- COULD SOMEONE HELP ME ABOUT BUY AND SELL ORDERS FOR THIS EA???
- Problem of data storage
void OnTick(){ {OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+SL*Point, Bid-TP*Point, …
- Each tick you call OrderSend. Why does it surprise you that it opened many orders?
-
You buy at the Ask and sell at the Bid. Pending Buy Stop orders become market orders when hit and open at the Ask.
-
Your buy order's TP/SL (or Sell Stop's/Sell Limit's entry) are triggered when the Bid / OrderClosePrice reaches it. Using Ask±n, makes your SL shorter and your TP longer, by the spread. Don't you want the specified amount used in either direction?
-
Your sell order's TP/SL (or Buy Stop's/Buy Limit's entry) will be triggered when the Ask / OrderClosePrice reaches it. To trigger close to a specific Bid price, add the average spread.
MODE_SPREAD (Paul) - MQL4 programming forum - Page 3 #25 -
The charts show Bid prices only. Turn on the Ask line to see how big the spread is (Tools → Options (control+O) → charts → Show ask line.)
Most brokers with variable spreads widen considerably at end of day (5 PM ET) ± 30 minutes. My GBPJPY (OANDA) shows average spread = 26 points, but average maximum spread = 134 (your broker will be similar).
-
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use