Writing EA Code

[salyafei]

I want to write an EA so that it reopens a buying order when the price is 10 pip less than the previous closed buying order price and to reopen a selling order when the price is 10 pip more than the previous closed selling order price.

Can any body help??

 

[Enivid]

Where does EA get the very first "buying/selling order" that needs to be reopened?

 

[salyafei]

For opening a budying position only whenever a new candle, one position at a time. (The opposite applies for openning a selling position)
1. Stochastic (5,3,3, low/high/, previous previous bar, mode main) > Stochastic (5,3,3, low/high, previous previous bar, mode signal)
2. Stochastic (5,3,3, low/high/, current bar, mode main) > Stochastic (5,3,3, low/high, previous bar, mode main)
3. Stochastic (5,3,3, low/high/, current, mode Signal) > Stochastic (5,3,3, low/high, previous bar, mode Signal)
4. RSI (14, current bar, price close)> RSI (14, current bar, price open)
5. RSI (14, current bar, price close)> RSI (14, previous bar, pri ce close)
6. Take Profit is 5 pips (variable)
7. If Take profit is not met close order only if Stochastic (5,3,3, low/high/, previous bar, mode main) < Stochastic (5,3,3, low/high, previous bar, mode signal)

8. If Take Profit is met, initiate trailing stop to secure the 5 pips, and increase take profit by 1 pip stepwise)
9. If buying position is closed in the same candle and condition applies, reopen a buying position if the price is 10 pip less than the price at which the previous buying position was closed. This rule is repeated.

 

[salyafei]

The 10 pip should be also variable.

 

[Ixbone]

you can store the last price of the last opened order and type (buy,sell)
in two variables and add 10 pips to bid/ask (+spread)

hope this gives you some ideas

Michael