Edit Your Comment
MQL4 Stoploss

forex_trader_294488
Uczestnik z Dec 28, 2015
8 postów
Feb 10, 2016 at 12:59
Uczestnik z Dec 28, 2015
8 postów
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.
Uczestnik z Nov 21, 2011
1601 postów
Feb 10, 2016 at 13:46
Uczestnik z Nov 21, 2011
1601 postów
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
Uczestnik z Dec 21, 2010
127 postów
Feb 10, 2016 at 15:46
Uczestnik z Dec 21, 2010
127 postów
I think, hi wanted to realize Trailing Stop at distance (ATR-0.0005)
Uczestnik z Apr 20, 2010
808 postów
Feb 14, 2016 at 07:47
Uczestnik z Apr 20, 2010
808 postów
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
Information is Gold when come to organised.

*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.