modify stop loss(help)

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Hi I'm kinda new to mql5.  i just wanna ask. how to modify stop loss. for example i have 3 open trades w/ same entry prices and same stop loss at first but different tp's, can you  suggest how to modify the remaining 2 open trades if tp 1 is closed. thank you.
Documentation on MQL5: Constants, Enumerations and Structures / Trade Constants / Trade Operation Types
Documentation on MQL5: Constants, Enumerations and Structures / Trade Constants / Trade Operation Types
  • www.mql5.com
Trade Operation Types - Trade Constants - Constants, Enumerations and Structures - MQL5 Reference - Reference on algorithmic/automated trading language for MetaTrader 5
 
Oloy1432:
Hi I'm kinda new to mql5.  i just wanna ask. how to modify stop loss. for example i have 3 open trades w/ same entry prices and same stop loss at first but different tp's, can you  suggest how to modify the remaining 2 tps if tp 1 is closed. thank you.

each order should be recognized then you will be able to close/modify, write a program 

step 1 - checks pending order and find ticket id of order

step 2 - modify tp from ticket id obtained on step 1

Documentation on MQL5: Trade Functions / OrderGetTicket
Documentation on MQL5: Trade Functions / OrderGetTicket
  • www.mql5.com
OrderGetTicket - Trade Functions - MQL5 Reference - Reference on algorithmic/automated trading language for MetaTrader 5
 
Oloy1432: same entry prices and same stop loss at first but different tp's, can you  suggest how to modify the remaining 2 tps if tp 1 is closed.
Why do you want to modify the TPs? You already set them when you opened.
 
Oloy1432:
Hi I'm kinda new to mql5.  i just wanna ask. how to modify stop loss. for example i have 3 open trades w/ same entry prices and same stop loss at first but different tp's, can you  suggest how to modify the remaining 2 tps if tp 1 is closed. thank you.

Hello, Please see this code, it is perfect to study for what you are trying to do.

Delete pending orders
Delete pending orders
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Arpit T #:

each order should be recognized then you will be able to close/modify, write a program 

step 1 - checks pending order and find ticket id of order

step 2 - modify tp from ticket id obtained on step 1

Arpit T #:

Hello, Please see this code, it is perfect to study for what you are trying to do.

Your answers are off-topic. The OP is asking how to modify SL/TP of open positions when one position is closed, not orders (pending).
 
Alain Verleyen #:
Your answers are off-topic. The OP is asking how to modify SL/TP of open positions when one position is closed, not orders (pending).

Ok, here Im posting code example for modification of SL / TP taken from codebase. It will give the Op understanding to modify it further based on requirements.

//+------------------------------------------------------------------+
//|                                                 Modify SL TP.mq5 |
//|                        Copyright 2017, MetaQuotes Software Corp. |
//|                                             https://www.mql5.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2017, fxMeter"
#property link      "https://www.mql5.com/en/users/fxmeter"
#property version   "1.00"

#property script_show_inputs
#include <Trade\PositionInfo.mqh>
#include <Trade\Trade.mqh>
#include <Trade\SymbolInfo.mqh> 
CPositionInfo  posi;    
CTrade         trade; 
CSymbolInfo    symb;
input double InpStoploss=0.0; //StopLoss Pips
input double InpTakeProfit=0.0;//TakeProfit Pips
//+------------------------------------------------------------------+
//| Script program start function                                    |
//+------------------------------------------------------------------+
void OnStart()
  {
//---
double stoploss=0.0;
double takeprofit=0.0;
ulong  slippage=3;
int    pt=1;

   symb.Name(Symbol());   
   if(!symb.RefreshRates())return;
   if(symb.Digits()==5 || symb.Digits()==3) pt=10;

   stoploss=InpStoploss*pt;   
   slippage    = slippage * pt;
   takeprofit  = InpTakeProfit * pt;
   trade.SetDeviationInPoints(slippage);  
   
   //---
   double curBid = symb.Bid();   
   double slbuy=0.0,slsell=0.0,tpbuy=0.0,tpsell=0.0;
   if(stoploss>0)
   {
    slbuy =   curBid  - stoploss*symb.Point();
    slsell =  curBid + stoploss*symb.Point();
   }
   
   if(takeprofit>0)
   { 
    tpbuy =   curBid  + takeprofit*symb.Point();    
    tpsell =  curBid - takeprofit*symb.Point();
   }
   
   ModifySLTP(slbuy,tpbuy,slsell,tpsell);
   
  }
//+------------------------------------------------------------------+  
void ModifySLTP(double slPriceBuy,double tpPriceBuy,double slPriceSell,double tpPriceSell)
{
//---     
      double sl=0.0 ,tp=0.0;      
      bool bslbuy = false,btpbuy = false, bslsell = false, btpsell = false;
      if(slPriceBuy>0)bslbuy=true;
      if(tpPriceBuy>0)btpbuy=true;
      if(slPriceSell>0)bslsell=true;
      if(tpPriceSell>0)btpsell=true;
      
      if(!bslbuy && !btpbuy && !bslsell && !btpsell )
      {
          Print(__FUNCTION__,",No SL/TP need to be modified");
          return;
      }
      
      
      for(int i=PositionsTotal()-1;i>=0;i--)
      {
         if(posi.SelectByIndex(i))
         {
            if(posi.Symbol()==Symbol() )
            {                
               if(posi.PositionType()==POSITION_TYPE_BUY)
                 {
                     if(bslbuy)sl=slPriceBuy;else sl = posi.StopLoss();  
                     if(btpbuy)tp=tpPriceBuy;else tp = posi.TakeProfit();               
                     trade.PositionModify(posi.Ticket(),NormalizeDouble(sl,Digits()),NormalizeDouble(tp,Digits()));
                 }

               if(posi.PositionType()==POSITION_TYPE_SELL)
                 {
                     if(bslsell)sl=slPriceSell;else sl = posi.StopLoss();
                     if(btpsell)tp=tpPriceSell;else tp = posi.TakeProfit(); 
                     trade.PositionModify(posi.Ticket(),NormalizeDouble(sl,Digits()),NormalizeDouble(tp,Digits()));
                 }
              }
             }
          } 
//---
}  
 
William Roeder #:
Why do you want to modify the TPs? You already set them when you opened.
i mean the 2 remaining open trades im sorry. like if tp 1 is hit. the 2 remaining trades will adjust their sl to their entry prices
 
Oloy1432 # :
i mean the 2 remaining open trades im sorry. like if tp 1 is hit. the 2 remaining trades will adjust their sl to their entry prices

I think you mean the breakeven point.?

 
Ahmet Metin Yilmaz #:

I think you mean the breakeven point.?

now that's a better word how to call it, im so sorry. im new to this . 
 
Oloy1432 #:
now that's a better word how to call it, im so sorry. im new to this . 

below codes from codebase as a sample , and you can search yourself for more from codebase as 'breakeven'..

//+------------------------------------------------------------------+
//| Breakeven                                                        |
//+------------------------------------------------------------------+
void Breakeven()
  {
   for(int i=PositionsTotal()-1;i>=0;i--) // returns the number of open positions
      if(m_position.SelectByIndex(i))
         if(m_position.Symbol()==m_symbol.Name() && m_position.Magic()==m_magic)
           {
            if(m_position.PositionType()==POSITION_TYPE_BUY)
              {
               double level=m_position.PriceOpen()+
                            m_symbol.NormalizePrice((m_position.TakeProfit()-m_position.PriceOpen())*FiboTral);
               if(m_position.PriceOpen()>m_position.StopLoss() && level<m_position.PriceCurrent())
                 {
                  if(!m_trade.PositionModify(m_position.Ticket(),
                     m_position.PriceOpen(),
                     m_position.TakeProfit()))
                     Print("Breakeven ",m_position.Ticket(),
                           " Position -> false. Result Retcode: ",m_trade.ResultRetcode(),
                           ", description of result: ",m_trade.ResultRetcodeDescription());
                 }
              }
            else
              {
               double level=m_position.PriceOpen()-
                            m_symbol.NormalizePrice((m_position.PriceOpen()-m_position.TakeProfit())*FiboTral);
               if(m_position.PriceOpen()<m_position.StopLoss() && level>m_position.PriceCurrent())
                 {
                  if(!m_trade.PositionModify(m_position.Ticket(),
                     m_position.PriceOpen(),
                     m_position.TakeProfit()))
                     Print("Modify ",m_position.Ticket(),
                           " Breakeven -> false. Result Retcode: ",m_trade.ResultRetcode(),
                           ", description of result: ",m_trade.ResultRetcodeDescription());
                 }
              }
           }
  }
 
Ahmet Metin Yilmaz #:

below codes from codebase as a sample , and you can search yourself for more from codebase as 'breakeven'..

thank you so much!!!
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