Questions from Beginners MQL5 MT5 MetaTrader 5 - page 1083

[tabacmaker]

I'm trying to modify the position, but it's not working.

Can you tell me what's wrong?

void OM(long const magic_number)
  {
   Print(__FUNCTION__);
   for(int i=PositionsTotal()-1;i>=0;i--) // returns the number of open positions
      if(m_position.SelectByIndex(i))
         if( m_position.Magic()==magic)
            m_trade.PositionModify(m_position.Ticket(),SymbolInfoDouble(Symbol(),SYMBOL_BID)-1000*Point(),SymbolInfoDouble(Symbol(),SYMBOL_BID)+1000*Point());         
   return;
  } 

[Vladimir Karputov]

tabacmaker:

I'm trying to modify the position, but it's not working.

Can you tell me what's wrong?

You don't specify what type of position: BUY or SELL - but they have the opposite principle of Stop Loss and Take Profit

[tabacmaker]

Vladimir Karputov:

You don't define what type of position: BUY or SELL - and they have exactly the opposite principle of setting Stop Loss and Take Profit

only BUY or SELL positions are opened

[tabacmaker]

Vladimir Karputov:

You don't define what type of position: BUY or SELL - and they have exactly the opposite principle of setting Stop Loss and Take Profit

Deal is modified by 1 pip only, though I putSymbolInfoDouble(Symbol(),SYMBOL_BID)-1000*Point()

[Vladimir Karputov]

tabacmaker:
The deal is modified by 1 pip only, although I set SymbolInfoDouble(Symbol(),SYMBOL_BID)-1000*Point()

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FAQ from Beginners MQL5 MT5 MetaTrader 5

Vladimir Karputov, 2019.07.03 05:23

You don't define the position type: BUY or SELL - and they have the opposite principles of Stop Loss and Take Profit

After position allocation you need to define its type - for example for BUY

            if(m_position.PositionType()==POSITION_TYPE_BUY)

and only then try to set Stop Loss and Take Profit for it. Stop Loss and Take Profit should not be set "from the ceiling": you should analyzethe opening price of the position and the current price of the position. You cannot just take the current Ask and Bid price out of the blue.

[sbr080]

Good day ! Are there plans to make separate trades in MT5 like in MT4 ? Without combining.

[Taras Slobodyanik]

sbr080:
Afternoon ! Is it planned to make separate trades in MT5 like in MT4 ? Without combining.

planned, planned release date 2016.03.25 :)

[Artyom Trishkin]

sbr080:
Good day ! Are there plans to make separate trades in MT5 like in MT4 ? Without combining.

It's been three years now...

[Vladimir Karputov]

sbr080:
Good day ! Do you plan to create in MT5 separate trades like in MT4 ? Without combining.

In MetaTrader 5 it has been possible to open two types of trading accounts for several years:

• Netting - only one position (either BUY or SELL) can be opened at a time. A BUY 0.5 lot was opened and became BUY 1.5 lot.
• Hedge - several opposite positions can exist on one symbol at the same time: e.g. BUY 1.3 lot and SELL 0.8 lot.

[sbr080]

Vladimir Karputov:

In MetaTrader 5 it has been possible to open two types of trading accounts for several years:

• Netting - only one position (either BUY or SELL) can be opened at a time. A BUY 0.5 lot was opened and became BUY 1.5 lot.
• Hedge - several opposite positions can exist on one symbol at the same time: e.g. BUY 1.3 lot and SELL 0.8 lot.

In a hedge it is possible to open several positions: e.g. BUY 1 lot and BUY 2 lots at different prices without combining ?