Discussion of article "Fix PriceAction Stoploss or Fixed RSI (Smart StopLoss)" - page 2

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Essi afsoungar #:
see picture on previous comment edit...i didnt change anything,all inputs are defaults.i just started it

The fact that you are using defaults, doesn't mean that it is right.

 
Eleni Anna Branou #:

The fact that you are using defaults, doesn't mean that it is right.


i set it from your pictures above,the same errors

ok,tell me right inputs and i will test again

 
Essi afsoungar #:

i set it from your pictures above,the same errors

ok,tell me right inputs and i will test again

Contact the author please, I wouldn't know.

 
Eleni Anna Branou #:

Contact the author please, I wouldn't know.

i think the error is at _point or pipvalue in code
 
vwegba #:
The position is calculated from the price action, where you intends adding the stoploss. Since rsi is similar to line price action chart, we used the rsi instead of the price action chart. Also you are right that's the major issue with the strategy
hello dude.did you see my comments?whats the problem?
 
Essi afsoungar #:
hello dude.did you see my comments?whats the problem?
Sorry for the late reply.

The bot was built specifically for synthetic pair. like the one used above was volatility 10 pair on meta trader 5.

For it to work on other pair few modifications are needed
 
Essi afsoungar #:
hello dude.did you see my comments?whats the problem?

To be able to use the bot on other pairs like the EURUSD pair you would need to multiply by 10,000 because 1 pip of the pair is 0.0001

     theLotsize =  NormalizeDouble((Balance*risk)/((MathAbs(Ask-((stoplossforBuy(20)-atr[1])))*10000)*pipValue),2);

below works for all pairs with pip value of 0.0001


for pip value of 0.01 thats JPY pairs you multiply by 100.

note the code is for mt5 only

Thank you

 
vwegba #:

To be able to use the bot on other pairs like the EURUSD pair you would need to multiply by 10,000 because 1 pip of the pair is 0.0001

     theLotsize =  NormalizeDouble((Balance*risk)/((MathAbs(Ask-((stoplossforBuy(20)-atr[1])))*10000)*pipValue),2);

below works for all pairs with pip value of 0.0001


for pip value of 0.01 thats JPY pairs you multiply by 100.

note the code is for mt5 only

Thank you

i think it has another problem... the expert sets tp and sl very too far from price.maybe needs another changes in code to work with euro usd
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