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MQL4 Stoploss

forex_trader_294488
Medlem sedan Dec 28, 2015
8 inlägg
Feb 10, 2016 at 12:59
Medlem sedan Dec 28, 2015
8 inlägg
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.
Medlem sedan Nov 21, 2011
1601 inlägg
Feb 10, 2016 at 13:46
Medlem sedan Nov 21, 2011
1601 inlägg
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
Medlem sedan Dec 21, 2010
127 inlägg
Feb 10, 2016 at 15:46
Medlem sedan Dec 21, 2010
127 inlägg
I think, hi wanted to realize Trailing Stop at distance (ATR-0.0005)
Feb 13, 2016 at 09:56
Medlem sedan Mar 02, 2010
95 inlägg
you should separate your conditions from ordermodify command!
ixbone@
Medlem sedan Apr 20, 2010
808 inlägg
Feb 14, 2016 at 07:47
Medlem sedan Apr 20, 2010
808 inlägg
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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