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MQL4 Stoploss

Feb 10, 2016 at 12:59
Vues 480
4 Replies
Membre depuis Dec 28, 2015   posts 8
Feb 10, 2016 at 12:59
Hello everyone. I've coded this piece here:

for(int i=0;i<OrdersTotal();i++)
      bool select = OrderSelect(i,SELECT_BY_POS,MODE_TRADES); //Iteration through every trade
      if(OrderMagicNumber()==1 && OrderSymbol()==Symbol()) //if Trade==BUY
         if(Close[1]>OrderStopLoss()+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);

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.
CrazyTraderfx (CrazyTrader)
Membre depuis Nov 21, 2011   posts 1718
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.
Membre depuis Dec 21, 2010   posts 131
Feb 10, 2016 at 15:46
I think, hi wanted to realize Trailing Stop at distance (ATR-0.0005)
Membre depuis Mar 02, 2010   posts 97
Feb 13, 2016 at 09:56
you should separate your conditions from ordermodify command!
DoubleTrap (ForexSeeker)
Membre depuis Apr 20, 2010   posts 814
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
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