An EA that adds to an open position/allows sl/pt..?

sandmoorstrategy

Tham gia từ Jul 22, 2012 4bài viết

Aug 07, 2013 at 20:27

Tham gia từ Jul 22, 2012 4bài viết

- 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?

CrazyTrader

Tham gia từ Nov 21, 2011 1601bài viết

Aug 07, 2013 at 22:14

Tham gia từ Nov 21, 2011 1601bài viết

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)

sandmoorstrategy

Tham gia từ Jul 22, 2012 4bài viết

Aug 08, 2013 at 05:37

Tham gia từ Jul 22, 2012 4bài viết

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"?

CrazyTrader

Tham gia từ Nov 21, 2011 1601bài viết

Aug 08, 2013 at 07:29

Tham gia từ Nov 21, 2011 1601bài viết

You can find some usefull help here:
http://www.mql4.com/

mstanden

Tham gia từ Feb 16, 2011 2bài viết

Aug 11, 2013 at 09:25

Tham gia từ Feb 16, 2011 2bài viết

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 :-)

sandmoorstrategy

Tham gia từ Jul 22, 2012 4bài viết

Aug 12, 2013 at 12:43

Tham gia từ Jul 22, 2012 4bài viết

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?

mstanden

Tham gia từ Feb 16, 2011 2bài viết

Aug 12, 2013 at 12:46

Tham gia từ Feb 16, 2011 2bài viết

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

sandmoorstrategy

Tham gia từ Jul 22, 2012 4bài viết

Aug 13, 2013 at 14:31

Tham gia từ Jul 22, 2012 4bài viết

Thanks for the tip.

EURUSD	1.13227	GBPUSD	1.33291	AUDUSD	0.63903
USDJPY	144.466	USDCAD	1.38228	USDCHF	0.82761

Advertisement