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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?

 
How To Use Fibonacci Retracements

How To Use Fibonacci Retracements

Fibonacci Retracements can help traders find significant price points and predict levels of support and resistance. It is based on the Fibonacci sequence of numbers, identified by Leonardo Fibonacci in the thirteenth century. The relationships between those numbers are shown as ratios, and those ratios are used to identify possible reversal levels.

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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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