I’m currently debugging my Dynamic Take Profit function, which is based on the Trailing Stop function @VlanFx provided in v 1.3 of the EA. My DynTP still has an issue, but I think we’re also having issues with the current logic of partial close and moving the SL to BE (functions CloseOrdersPartialAndMoveSlToBE and MoveStopLossToBreakEven) which…[Read more]

I’m currently debugging my Dynamic Take Profit function, which is based on the Trailing Stop function @VlanFx provided in v 1.3 of the EA. My DynTP still has an issue, but I think we’re also having issues with the current logic of partial close and moving the SL to BE (functions CloseOrdersPartialAndMoveSlToBE and MoveStopLossToBreakEven) which…[Read more]

@mast83:

A HTF (high timeframe) version of my Clear Method Band is posted over here.

s.

@IenDzi:

G. wrote:

… ADX is moving up …

He is referring to the ADX main line (MODE_MAIN). Your function uses +DI and -DI. It could possibly make sense to use +DI and -DI to indicate the end of a swing, but you will also require ADX Main to code G’s approach.

s.

@IenDzi:

G. wrote:

… ADX is moving up …

He is referring to the ADX main line (MODE_MAIN). Your function uses +DI and -DI. It could possibly make sense to use +DI and -DI to indicate the and of a swing, but you will also require ADX Main to code G’s approach.

s.

This is what my ‘red’ and ‘blue’ approach are doing, based on default setting according to your proposal.

IMO, this would require a trigger coming from outside (the EA) telling our TP function that a trend /swing is ending. Otherwise the Adaptive TP function might interfere with trend / swing definition made by the EA.

s.

I absolutely support the idea:

My conceptual thoughts coded as an experimental indicator are posted over here.

s.

Adaptive Take Profit

I’m referring to @gg53 proposal posted here and here. At the moment, I won’t present the final solution as demanded in his 2nd post, rather take a step back and post an experimental indicator that shows 3 different implementations of his basic Adaptive TP proposal for further conceptual discussion.

The implementations are…[Read more]

Adaptive Take Profit

I’m referring to @gg53 proposal posted here and here. At the moment, I won’t present the final solution as demanded in his 2nd post, rather take a step back and post an experimental indicator that shows 3 different implementations of his basic Adaptive TP proposal for further conceptual discussion.

The implementations are…[Read more]

Thanks for clarifying:

Depends on the logic. Just wanted to be sure. From decades of IT development, I have some experience with incomplete or ambiguous requirements specifications. IMO, it makes sense to ask if you’re not sure what your communication partner intended.

s.

G:

Do you mean a function that just displays the adaptive TP relative to the current bar, or a function setting an adaptive TP in relation to a given entry price, thus monitoring a certain trade?

s.

Here you are:

Place mqh file in the include folder.

Have fun testing, and any feedback welcome!

s.

Yes:

… and the original article written by Waleed Aly Khalil over here tells even more (quote from the abstract):

The main idea of the VZO was to try to change the OBV to look like an oscillator rather than an indicator

s.

I have it:

Will post it later after some code cleaning.

s.

Yep, this is obviously true:

IMO, the really interesting question is: how does the else if branch look like? You can exclude division by zero easily by some standard code, but you’ll have to make an individual decision what should be done after the case happened.

s.

Yep, this is abviously true:

IMO, the really interesting question is: how does the else if branch look like? You can exclude division by zero easily by some standard code, but you’ll have to make an individual decision what should be done after the case happened.

s.

Hi @VlanFx:

I’m currently reviewing version 1.3 of the EA. In function CalcLot() you have the following line of code:

actualRisk = (100 * minLot * StopLoss * pipValue) / AccountBalance();

That variable actualRisk is never used thereafter. Is it reserved for some future use?

s.