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MQL4 Stoploss
forex_trader_294488
Membre depuis Dec 28, 2015
posts 8
Feb 10, 2016 at 12:59
Membre depuis Dec 28, 2015
posts 8
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);
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;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);
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.
Membre depuis Nov 21, 2011
posts 1601
Feb 10, 2016 at 13:46
Membre depuis Nov 21, 2011
posts 1601
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.
Membre depuis Apr 20, 2010
posts 808
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