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I need help coding my buy and sell positions and closing them, and lot size to
Oct 31, 2020 at 23:41
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3 Replies
Členom od Oct 26, 2019
1 príspevkov
Oct 31, 2020 at 23:41
Hi guys,
So I'm a resident doctor who's gotten hooked on trading, 2years so far and dare I say it's profitable.
So cus of my schedule I decided to learn how to code my own EA.
Here goes..
My plans quite simple, basically 5 and 10 MA cross-over.
I've successfully defined all my parameters and how it should go.
But the problem I keep getting errors in is opening and closing buy and sell orders and lot sizes.
What I want is simply to buy when 5 crosses above 10,then close when 5 crosses below 10 and open a sell order immediately, just 1 order at a time.
And for the lot sizes, I want it to automatically calculate my lot size to always take one fifth of my free margin so I wouldn't get stuck on a fixed lot size as my balance grows.
I'd really appreciate whomever can guide me through this process.. Thanks in anticipation, all ideas are welcome.
So I'm a resident doctor who's gotten hooked on trading, 2years so far and dare I say it's profitable.
So cus of my schedule I decided to learn how to code my own EA.
Here goes..
My plans quite simple, basically 5 and 10 MA cross-over.
I've successfully defined all my parameters and how it should go.
But the problem I keep getting errors in is opening and closing buy and sell orders and lot sizes.
What I want is simply to buy when 5 crosses above 10,then close when 5 crosses below 10 and open a sell order immediately, just 1 order at a time.
And for the lot sizes, I want it to automatically calculate my lot size to always take one fifth of my free margin so I wouldn't get stuck on a fixed lot size as my balance grows.
I'd really appreciate whomever can guide me through this process.. Thanks in anticipation, all ideas are welcome.
Členom od Aug 06, 2020
3 príspevkov
Dec 17, 2020 at 02:23
MT4
Use at your own risk.
Please, try it on demo acc first.
Use at your own risk.
Please, try it on demo acc first.
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Členom od Oct 26, 2020
27 príspevkov
Dec 21, 2020 at 12:22
Even if you have half-baked knowledge of programming you should be able to create an algorithm for yourself using python for MT4. It’s fairly easy to use. I thought of myself as technologically-challenged before I created 2 EAs for daytrading stocks and forex on charles schwab and fxview. Although I use RSI for trend trading and manually sit in front of my system but at times I make use of eas to trade and send me alerts. To be honest if I could do it anybody can :)
Členom od Aug 27, 2017
84 príspevkov
Jan 05, 2021 at 07:13
It's a fairly simple strategy. But please understand that some of the programmers need to get paid for doing this project.
Trading is a marathon, not a sprint.
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