Advanced SL EA

Hello, I want to create the following profitable SL-EA, but it’s not easy.
Especially the values “current course” + “current SL” and distance from course to MA.

Example:
1. SL = Low (2)

2.
Current price is> 40 pips from the opening price of my order (break even)
then: set SL to break even + current spread

3.
if Close Low (1)> current SL
then: move SL to Low (1)

4.
SMA10 + 10 pips distance => current SL
then: move SL to SMA10 + 10 pips distance

5.
if gap current rate is greater than 40 pips to the SMA10
then: move SL + 30% of the distance from the SMA10 to the current price

How can you realize that?
Thank you for ideas or examples.

Hello,

so you want to combine all of these rules?

Hello, yes i like to combine all these

Hello,

it can be done like this

for the file , i have an error “custom function” maybe. Its not possible here to paste the source code with the error. here`s a picture…

Hello, it looks very good, but i become an error from (custom function). How can i fix it ?

From source code:

“Exception:
Only elements with no child elements can be processed as text.
This element with name “param” has a child element named: values
The problematic instruction:
———-
==> if-else [on line 85, column 7 in Mql_MT4/BuildingBlocks.inc]
in user-directive compress [on line 82, column 51 in Mql_MT4/BuildingBlocks.inc]
……
———-

Java backtrace for programmers:
———-
freemarker.template.TemplateModelException: Only elements with no child elements can be processed as text.
This element with name “param” has a child element named: values

….. and so on…

Hello,

ok, resaved + pictures of the setup attached

Bear in mind you need to use brackets at the end of OrderStopLoss() (it is not visible within condition)

Hello, Unfortunately, that does not work for me yet. I get back the error messages in the source code here…

Hello,

please try to apply the patch files attached onto your EA Wizard folder, restart EA Wizard and try to re-export the strategy

Hi tomas, thank you it`s working now. My installation was on drive D: , and install new on C: and use the files…

second question to 3. above

>>>>(
if Close Low (1)> current SL
then: move SL to Low (1))<<<<

i like to save the position fast, if the Low[1] higher as the Order Start-Price and Spread – then set SL to Breakeven. But in menu “Enter the Market” > “Move SL to Breakeven” can set only Pips? How can i do this ?

Hello,

you can also set a specific price for move to B/E action. See the screenshot

hello,
if i like to trail from SL to BE with ema30 example, i try at “MoveStopLoss to BreakEven” ema30 as variable ?
The trailing will stopped at BE ? (thats what i like, because over OrderOpeningPrice i like to trail with other trailing…

hello, the test with variable at “MoveStopLoss to BreakEven” is not so good, because the SL will be set on BE without trailing , if the EMA30 = BE.
i like to trail the EMA30 if close>open from SL only to BE. After this i like to trail EMA 50 , if the Price is 10pips higher as the SL

Currently i have no solution, how can i do this.

many greetings and thanks for an example

So until BE yo want to trail using EMA 30 and after using EMA 50 ? I can make an example on this. 10 pips is the trail distance?

Hello, yes until BE trail ema30, mean the trailing ema30 stop is on BE. Later,  price is 10 pips higher as SL ( on BE) then trail ema50. The 10 pips is not the trail distance, is the distance for the second ema50 trail to BE. The ema50 trailing starts 10 pips over Opening Price ( BE) and not immediately. Thank you for example

Hello,

ok I think this can be done. I will try to make an example for this and post