Raw Ideas - page 22
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adding a trailing stop
where would i add a trailing stop
else // go to short position
{
// should it be closed?
if(MorganInd < 0.2)
{
OrderClose(OrderTicket(), OrderLots(), Ask, 3, Violet); // close position
return(0); // exit
}
// check for stop
if(Stop > 0)
{
if(OrderOpenPrice() - Ask > Point*Stop)
{
OrderClose(OrderTicket(), OrderLots(), Ask, 3, Violet); // close position
return(0);
}
}
}
}
}
return(0);
Slight code modification
Good morning,
Would someone be able to modifi slighty, the 2 attached files for me?
1). e-trailing.ea
To allow a break even setting, so when the trade is in profit it will move the stop loss upto break even point of 12 pips.
2). trade.mq4
To allow a proper stoploss. As the script stands, when it is executed, it places a sellstop, 20pips below the current price, and a stop loss at the current price. I would like to have it place a stop loss 15pips from the sellstop entry place. Not sure if this is possible.
I would be very grateful to those who can help.
Thankyou
A8
MT4 Broker with dollar index
Does anybody know of an MT4 broker providing Dollar Index except Forex Ltd. ??
Thanx in advance
regards.
can u make an indicator from this?
Hi,
I found this on marketclub.com...Im not sure if it works, but it does seem useful. Can this information be transformed to an indicator
Strong Downtrend
MINUS 10 POINTS= Last hour close below 5 hour moving average
MINUS 15 POINTS= NEW 3 DAY LOW
MINUS 20 POINTS= LAST PRICE BELOW 20DAY MOVING AVERAGE
MINUS 25 POINTS= NEW 3 WEEK LOW IN RECENT WEEK
MINUS 30 POINTS= NEW 3 MONTH LOW IN CURRENT MONTH
IF TOTAL SCORE=MINUS 100, THEN STRONG DOWNTREND CONFIRMED
PRICE CANT GO UP. IT CAN ONLY GO LOWER===========================
THE OPPOSITE=STRONG UPTREND
Strong UPtrend
PLUS 10 POINTS= Last hour close ABOVE 5 hour moving average
PLUS 15 POINTS= NEW 3 DAY HIGH
PLUS 20 POINTS= LAST PRICE ABOVE 20DAY MOVING AVERAGE
PLUS 25 POINTS= NEW 3 WEEK HIGH IN RECENT WEEK
PLUS 30 POINTS= NEW 3 MONTH HIGH IN CURRENT MONTH
IF TOTAL SCORE=PLUS 100, THEN STRONG UPTREND CONFIRMED
PRICE CANT GO DOWN. IT CAN ONLY GO HIGHER
Thnx
kev
Calculating time
Ok it seems so simple, yet it is doing my head in, all I want to do is take the time value (or bar number) of a verticle line that a user has dragged somewhere on screen then figure out what the value is for let's say 5 bars forward from that and place another vertical line.
At the moment I am getting the time of that line with:
ObjectGet("__timeStart",OBJPROP_TIME1);
which returns something like 1132012800 on a daily chart which doesn't make a lot of sense to me. How do I add a number to get the time value 5 bars ahead of that line?
I have hacked a way that kinda worked on a daily chart, but going down in timeframes things just go awry.
Anyone have an idea?
CCI-Stochastic Hybrid
I read a good article by Barbara Star that talks about a CCI-Stochastic hybrid indicator. It basically takes the stochastic and substitutes the CCI for price. Can one of the coders here make this for MT4?
Respect,
Steve
Here is the TS code:
{Average(3,(Today's 14-day CCI reading - Lowest 14-day CCI reading (over the past 5 periods)/Highest 14-day
CCI reading (over the past 5 periods) - Lowest 14-day CCI reading (over the past 5 periods))*100)
CCI-Stochastic}
inputs:
CCILength( 14 ),
HighLowPeriod( 5 ),
Smooth( 3 ) ;
variables:
TodayCCI( 0 ),
TodayLowCCI( 0 ),
TodayHighCCI( 0 ),
CCISto( 0 ) ;
TodayCCI = CCI( CCILength ) ;
TodayLowCCI = Lowest( TodayCCI, HighLowPeriod ) ;
TodayHighCCI = Highest( TodayCCI, HighLowPeriod ) ;
if CurrentBar > Smooth + HighLowPeriod then
begin
CCISto = Average((TodayCCI - TodayLowCCI)/(TodayHighCCI - TodayLowCCI), Smooth );
Plot1( CCISto, "CCISto");
end ;
this is called arbitrage
Screensaver
Here is a little program for those of you who do not have a screen saver program.
1) Put this file in metatrader/experts/scripts
2) drag onto the screen you want a photo of
3) open folder metatrader/experts/files
you now have a picture of your trade screen
EA with TD_Points&Line_Auto indicator
I created this EA. It dosen't open any order. I would like that this EA opens
a Buy order when a price crosses the line No.1 from below and opens a Sell
order when a price crosses the line No.2 from above.
Please, help me.
ASCtrend + others indicators
Hello has you all,
By grouping together{*By including*} several indicators present on this excellent forum, I built up to myself a small system easy to understand{*include*} which gives me whole satisfaction for the moment.
Indicators:
LSMA in color
ZZ MTF XO A
ZZ4 4 TF XO
ASCtrend1sig
Rules of buy: when ASCtrend1sig gives buy signal to verify that LSMA in color end ZZ MTF XO A end ZZ4 4 TF XO are green.
Rules of sale: when ASCtrend1sig gives a signal of sale to verify that LSMA in color end ZZ MTF XO A end ZZ4 4 TF XO are red.
UT : 4h
I would need your help{*assistant*} and your opinions to be still able to develop this system and make an EA. At first it would be possible to add one limps with message when the indicator the ASCtrendsig gives a signal.
My remerciments for your help{*assistant*}.