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How can I add capability to my EA to close all the open positions and DO NOTHING in specific circumstances

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CyrusTheGreat 2011.02.16 15:24
 

All of EA's that I have worked with open ie. long position and when condition changes close the open position and goes for short position right a way. There is always another condition that EA should close all the open positions and simply do NOTHING. Can you guide me how can I add this capability to my codes?

 
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The Golden Rule of Traders

In order to make profits based on high expectations, we must understand three basic principles of good trading: 1) know your risk when entering the market; 2) cut your losses early and allow your profit to run; 3) know the expectation of your system – test and adjust it regularly. This article provides a program code trailing open positions and actualizing the second golden principle, as it allows profit to run for the highest possible level.

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3854
ubzen 2011.02.16 16:17 #
 
Stop using stop & reverse logic. You can tell it to Buy when X=true/1 and Sell when X=false/-1. Personally, I like to use integers instead of Bool for my Trigger. You can also do things like set the Trigger to 0 when closing orders.
 
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