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MQL4 Stoploss
Feb 10, 2016 at 12:59
Vistas 884
4 Replies
forex_trader_294488
Miembro desde Dec 28, 2015
posts 8
Feb 10, 2016 at 12:59
Hello everyone. I've coded this piece here:
for(int i=0;iOrderStopLoss()+atr && Close[1]>OrderOpenPrice()+atr) //is the price already greater than the opening price+ATR, and than the stoploss+ATR?
{
bool order = OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(OrderStopLoss()+atr-0.0005,5),0,0,clrAquamarine);
if(!order){Alert(GetLastError());}
}
else
{
return;
}
}
}
But the stoploss keeps moving on every tick. I know it is due to the "-0.0005", but I would like to have that added "margin". How could I manage it to stop from moving on every tick, without having to remove this -0.0005 margin?
thank you very much in advance.
for(int i=0;iOrderStopLoss()+atr && Close[1]>OrderOpenPrice()+atr) //is the price already greater than the opening price+ATR, and than the stoploss+ATR?
{
bool order = OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(OrderStopLoss()+atr-0.0005,5),0,0,clrAquamarine);
if(!order){Alert(GetLastError());}
}
else
{
return;
}
}
}
But the stoploss keeps moving on every tick. I know it is due to the "-0.0005", but I would like to have that added "margin". How could I manage it to stop from moving on every tick, without having to remove this -0.0005 margin?
thank you very much in advance.
Miembro desde Nov 21, 2011
posts 1601
Feb 10, 2016 at 13:46
If you wanna place SL when you open orders, then you simply need to adjust SL at this moment using OpenOrder function.
If you wanna place SL at a particular event then you have to add the following condition... Does my SL is null, if so, apply your code else nothing.
So it should do it only once.
If you wanna place SL at a particular event then you have to add the following condition... Does my SL is null, if so, apply your code else nothing.
So it should do it only once.
forex_trader_25447
Miembro desde Dec 21, 2010
posts 127
Feb 10, 2016 at 15:46
I think, hi wanted to realize Trailing Stop at distance (ATR-0.0005)
Miembro desde Apr 20, 2010
posts 808
Feb 14, 2016 at 07:47
You need add the StopLoss Condition.
double stoplossBuy;
if(stoplossBuy < Bid- Close[1]- atr ) stoplossBuy = Bid- - Close[1]- atr ;
// This ensure your stopLossBuy will only move up
double stoplossBuy;
if(stoplossBuy < Bid- Close[1]- atr ) stoplossBuy = Bid- - Close[1]- atr ;
// This ensure your stopLossBuy will only move up
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