Buy sell forex ea
It is quite risky to open hedge trades at a bigger lot size until eventually you hit take profit, but if you manage risk properly this might become a quite profitable trading technique if traded during hours when the market is most active. It means you may install the software on your desktop and notebook computers, but use it only on one computer at the same time. EA is not permanently locked to a computer or MT4 account. Rimantas Petrauskas Terms and Conditions Privacy Policy Earnings Disclaimer Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
- MT4 EA Course: Buy And Sell - Smart Forex Learning.
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- Creating a ready-made Expert Advisor.
- Forex Robot/ expert adviser Unique EURUSD Scalping MT4 EA | eBay;
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Why you need Hedge EA Advanced? This means even hedge trades will have hedge trades EA can re-open initial trade when it is closed in loss or profit Two Lot Multipliers available. Ok, not great, but not losing money either! Now, given the condition for buys above, what would be the condition for sells? It looks similar to when we create buy orders, but this will do the opposite.
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Our if-statement will also have changed to check for the right condition:. In a buy order, our stop loss will be below the entry price and our take profit will be above the entry price. For sell orders, this is just the opposite!
Remember that in chapter 3 , we added a trailing stop? Up until now, this only supported buy orders, so we will need to update that part of our expert advisor as well!
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In order to do this, we will need to change the if-statement on line 73 in our TrailStops function slightly. This is the modified code with an if-statement that also supports sell orders:. Inside this block, we check if the Ask price is already lower than the open price minus our trailing stop threshold AND we check if the stop loss actually needs changing. If both conditions are valid or evaluate to TRUE , we will execute the OrderModify function on line 82 to alter the stop loss for our sell order, essentially implementing a trailing stop for our sell orders.
You can find the full code including our sell changes here.
Forex Trend Master Indicator – Buy/Sell Alerts-MT4
Notice how, when we created the order, we used the Ask price for buy orders and the Bid price for sell orders. The attentive reader, however, might have noticed that to alter our stop loss, we use the Bid price for buy orders and the Ask price for sell orders! How is that possible? If you buy lots for a forex pair, we use the Ask price.
But what happens if you want to close the order? The lots you previously bought will need to be sold again!
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Which means the roles have reversed and you will now use the Bid price to get the best possible price to sell your lots to someone else in the market. Conversely, if you sell lots for a forex pair, we use the Bid price. The profitability of this forex indicator is cool.
You can easily make a decent profit using this forex indicator. We are giving away this forex indicator for free. So please download it and test it to your account before going to a real account. By the way, you can find out the real scenario of this forex indicator. You can download the forex indicator from the link below. Categories Binary Indicators 66 Binary.