FXCodeBase.COM: Forex Chart Indicators and Development

It is difficult to reconcile this two world.
Some traders prefer instant execution, others prefer to watch and wait.

Live will use tick time frame, End of Turn will use chart time frame.

I can not think of any right now.
But I'm sure they exist.

The only difference, look at this hypothetical situation.

- Live

if source.close [period]> MA.DATA [period] then
Close ();
end

- End of Turn

if source.close [period-1]> MA.DATA [period-1] then
Close ();
end

I hope you can add another option that would stop out at the candle brake and close of the MA.

Outside_The_Box wrote:This would be perfect if the Averages indicator were used so we could use a wider variety of MA's to use as the stop level. *crosses his fingers*

I would also like to see this. KAMA or PPMA if possible.

I keep getting a "unsupported order type" whenever I try this. I'm running Trading Station on an MT4 server. Could that be the problem?

There are several versions of this strategy.
Exactly which version you use.
Furthermore, Are you using the FIFO accounts (accounts opened in any U.S. broker).
As stressed this version will not work for this accounts.

I used the MVASTOP4.
I get this error message on each attempt by the strategy to set the stop. "Failed create/change stop" with the comment "unsupported order type"

I know the MT4 server is set up a little different then Trading Station servers in the way it handles stops. For example it won't let me set trailing stops.

Oh well thanks for the help. It looked like it was just what I needed to complete the strategy I am running.

Hi gfozmo,

We have investigated the issue, most likely it is due to the MT4 server. Please use the other type of account.

Strategy was revised and updated.

Would you make a MT4 version of Moving Average stop for FIFO accounts.

Your request is added to the development list, Under Id Number 3691
If someone is interested to do this task, please contact me.