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An EA that adds to an open position/allows sl/pt..?
Aug 07, 2013 at 20:27
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7 Replies
Biedrs kopš
4 ieraksti
Aug 07, 2013 at 20:27
- Is it possible to have an EA that opens more short/long trades while there are positions already opened to the same direction? I.e. if you're long/short, can an EA add to the long/short position?
- Does anyone know as to which brokers allow stop losses/take profits with EAs?
I have a good system manually, but does anyone know how to take the above mentioned issues into account with EAs?
- Does anyone know as to which brokers allow stop losses/take profits with EAs?
I have a good system manually, but does anyone know how to take the above mentioned issues into account with EAs?
Biedrs kopš
1601 ieraksti
Aug 07, 2013 at 22:14
Hi,
I EA can do the same thing you would do manually.
All brokers allow SL/TP. (If not, it's not a broker... just a rip off)
I EA can do the same thing you would do manually.
All brokers allow SL/TP. (If not, it's not a broker... just a rip off)
Biedrs kopš
4 ieraksti
Aug 08, 2013 at 05:37
Thanks for the answer. Somehow my EA doesn't work if I use SL/TP. I guess my EA is just bad. Can you tell me more about the "I EA"?
Biedrs kopš
1601 ieraksti
Aug 08, 2013 at 07:29
You can find some usefull help here:
http://www.mql4.com/
http://www.mql4.com/
Biedrs kopš
2 ieraksti
Aug 11, 2013 at 09:25
Hi, sounds like your broker is ECN, and your EA does not comply. For ECN brokers you have to send the order in 2 parts, first place the order, then modify it placing the SL and TP
Hope this helps :-)
Hope this helps :-)
Biedrs kopš
4 ieraksti
Aug 12, 2013 at 12:43
Hi, thanks.
That's what I've been doing, and it's not too bad to have to add the stop loss or tp later.
It would be great, however, if it was somehow possible to have the EA open multiple trades on top of the old ones i.e. add to your position. But at least I can't make an EA that does that. Could that somehow be possible?
That's what I've been doing, and it's not too bad to have to add the stop loss or tp later.
It would be great, however, if it was somehow possible to have the EA open multiple trades on top of the old ones i.e. add to your position. But at least I can't make an EA that does that. Could that somehow be possible?
Biedrs kopš
2 ieraksti
Aug 12, 2013 at 12:46
no prob, you should join up over at SteveHopwood forex forum, you'll find a great group of traders and coders, im sure you could get some help there.
Mark
Mark
Biedrs kopš
4 ieraksti
Aug 13, 2013 at 14:31
Thanks for the tip.
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