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?

 
How to Trade the News Using the Straddle Trade Strategy
The first thing to consider is which news reports to trade. Earlier in this lesson we discussed the biggest moving news releases. Ideally you would want to only trade those reports because there is a high probability the market will make a big move after their release. The next thing you should do is take a look at the range at least 20 minutes before the actual news release.
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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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