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MQL4 Stoploss

forex_trader_294488
Biedrs kopš
8 ieraksti
Feb 10, 2016 at 12:59
Biedrs kopš
8 ieraksti
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.
Biedrs kopš
1601 ieraksti
Feb 10, 2016 at 13:46
Biedrs kopš
1601 ieraksti
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
Biedrs kopš
127 ieraksti
Feb 10, 2016 at 15:46
Biedrs kopš
127 ieraksti
I think, hi wanted to realize Trailing Stop at distance (ATR-0.0005)
Biedrs kopš
95 ieraksti
Feb 13, 2016 at 09:56
Biedrs kopš
95 ieraksti
you should separate your conditions from ordermodify command!
ixbone@
Biedrs kopš
808 ieraksti
Feb 14, 2016 at 07:47
Biedrs kopš
808 ieraksti
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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