Sajjad Mohammad Nezhad Aghdam Tatooine Part 2

MQL4 EA

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The only part that is a little different is 18.14, as I re read everything and was not clear enough. 

 

 

18.14) Recording the Entry Position

Every time Tatooine gets into a new position, it writes the position to a file called LogFileTxt.txt in the files folder.

*****EntryPostionName*****

EntryName:Tatooine

EntryTimeFrame:1440


This information should be written to LogFileTxt.txt


"01_Tatooine","GBPUSD",1440, 1.4187,"LONG","STOP","1.4181"


In other words:


"POSITION_ENTRYNAME",

"ASSET",

TIMEFRAME NUMBER,

PRICE,

"DIRECTION",

"STOP", (The Word STOP is the variable Name)

"STOPLOSS" (The actual stop loss number is the value here)

Thus, if Tatooine enters long a second time in a row, we should see a
"02_Tatooine" entry.

UPDATE for Tatooine V 1.0 - Clarification on ONLY NATURAL STOPS for positions that are not TAKEN.

In other words, Let's say the Tatooine buy algorythm has started going along untill it gets to position 01 Long 1D GBPUSD. However, let us further suppose that the Position is set to 2. This means that Tatooine will NOT be investing in position 1. Another Example: if SELL ONLY is set to true, then Tatooine will NOT be investing in in any Long positions, OK?

When Tatooine does not invest in a position, it does not have to set a fixed stop, or add additional pips to a natural stop, or use a jump stop. Instead, it only has to record the natural stop to the log.

Remember, the Natural Stop is written in the SmallBuy.txt and SmallSell.txt files, like this:


2016.04.18 12:35, 1.41870, 1.41811

DATE TIME, ENTRY PRICE, NATURAL STOP LOSS PRICE

When a natural stop is taken, Tatooine prints the following:

01 Long GBPUSD 1D 2016.04.18 12:35, 1.4187 was not taken, just recorded.
The natural stop was 1.41811. If this virtual stop is hit, Tatooine will move on to

take postion 02.




So, instead of placing a stop with the broker, Tatooine remembers the virtual stop of


1.41811


If the position is LONG and the price falls BELOW this number, then the virtual stop has been hit. If the position is SHORT and the price rises ABOVE this number, then the virtual stop has been hit.

Tatooine reports like this:


01 Long GBPUSD 1D 2016.04.18 12:35, 1.4187 has hit the virtual stop of 1.41811 and so is now searching for position 02



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