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Using StopLoss Levels as Support/Resistance

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giles wabo

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2 years ago #271188

Hey Guys!

I want my EA to draw horizontal lines at the SL level and uses those lines either like supports or resistances. Could you help me please?

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tomas262

Administrator, sq-ultimate, 2 replies.

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2 years ago #271322

Hello,

you can use custom actions in AlgoWizard to employ some MQL4 code snippets and draw lines for example. First you need to save SL price into a variable. You will use these variable to draw a line on a chart

You can use this code

Custom Action: ObjectCreate(“SLline”, OBJ_HLINE, 0, Time[0], Variable1);

where ‘Variable1’ is the price stored in the variable

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giles wabo

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2 years ago #271327

Many thanks!

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Louis Ewutanure

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1 year ago #277369

hello please i am new here and i want to know how to build a simple low capital and effective EA i dont care the strategy it use but i just want something that will work because i need to kick my family out of pooverty. if there is any who could help i will be so happy to here from you and i am on free version if the free version gose will as plan i will sub for the paid version. anybody with a kind heart please help me.

 

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