Is there some traders and developers from Sweden how is speaking Swedish?

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Hello! If there is anyone from Sweden who is doing Trading and trying to write programs, please contact me so that we can develop together.
 
I am trying to develop an EA that can take trades without running out of money.

I'm a bit on the way, but there's still a lot to do.
 
Christer Lundqvist #: I am trying to develop an EA that can take trades without running out of money.
  1. Can't be done — the market can stay irrational longer than you can remain solvent.
  2. Control your risk.

    Risk depends on your initial stop loss, lot size, and the value of the symbol. It does not depend on margin or leverage. No SL means you have infinite risk (on leveraged symbols). Never risk more than a small percentage of your trading funds, certainly less than 2% per trade, 6% total.

    1. You place the stop where it needs to be — where the reason for the trade is no longer valid. E.g. trading a support bounce, the stop goes below the support. Then you compute your lot size.

    2. AccountBalance * percent/100 = RISK = OrderLots * (|OrderOpenPrice - OrderStopLoss| * DeltaPerLot + CommissionPerLot) (Note OOP-OSL includes the spread, and DeltaPerLot is usually around $10/PIP, but it takes account of the exchange rates of the pair vs. your account currency.)

    3. Do NOT use TickValue by itself - DeltaPerLot and verify that MODE_TICKVALUE is returning a value in your deposit currency, as promised by the documentation, or whether it is returning a value in the instrument's base currency.
                MODE_TICKVALUE is not reliable on non-fx instruments with many brokers - MQL4 programming forum (2017)
                Is there an universal solution for Tick value? - Currency Pairs - General - MQL5 programming forum (2018)
                Lot value calculation off by a factor of 100 - MQL5 programming forum (2019)

    4. You must normalize lots properly and check against min and max.

    5. You must also check Free Margin to avoid stop out

    6. For MT5, see 'Money Fixed Risk' - MQL5 Code Base (2017)

    Most pairs are worth about $10 per PIP. A $5 risk with a (very small) 5 PIP SL is $5/$10/5 or 0.1 Lots maximum.

 

Hi William Roeder, I think you are being too circumstantial, I have a simple Expert Advisor Builder, I'm not a programmer, I'm trying to learn enough about it, I don't have channels fibonici, a regular simple MA, I've had since I started trading, sometimes it goes up and sometimes it goes down, what you are talking about in your post, I have not the faintest idea what you are talking about. I go with an MQL5 platform, I have, ever since it was released, what you are writing about here I have no idea.

 
Christer Lundqvist #:

Hi William Roeder, I think you are being too circumstantial, I have a simple Expert Advisor Builder, I'm not a programmer, I'm trying to learn enough about it, I don't have channels fibonici, a regular simple MA, I've had since I started trading, sometimes it goes up and sometimes it goes down, what you are talking about in your post, I have not the faintest idea what you are talking about. I go with an MQL5 platform, I have, ever since it was released, what you are writing about here I have no idea.

Hello again, is there anyone from Sweden who is inside the commutity?

 
Hi William Roeder, you are too circumstantial, how hard can it be, there are two ways it can go in Trading, up or down there is no other way it can go.
But it's about working the right way, right?
What is it that you want to draw my attention to, I think you are assuming that I Trade in Shares, I would not do that, it is too uncertain.

What do you want me to do?

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