Overtrading Indicator Prototype
Posted: Sat Dec 19, 2009 11:57 am
Hello,
Can I ask one of the coding wizards in this Forum for a overtrading indicator similar to this prototype?:
Checking the closed trades in Account History for the last 24 hours (this can be user selectable), when one or more of the limits are reached, a "STOP TRADING, YOUR xxx LIMIT HAS BEEN REACHED" message would be displayed. (I don't know if open trades can be used too)
I think the User Selectable Input should be something like this:
[font=Courier New]
Consolidate P/L=false;
PeriodInHours=24;
MaxTradesPerPeriod=4;
Target$=1000.0;
TargetInPips=100.0;
TargetPerCent=3.0;
MaxLossTrades=3;
MaxLoss$=40.0;
MaxLossPips=30.0;
MaxLossPerCent=3.0;
StopTradingStr= STOP TRADING, YOU REACHED YOUR xxxx LIMIT;[/font]
My coding capabilities in MQL4 are not enough for this task, but I think this indicator can help with one of the biggest sources of failure, at least for me...
Cheers
Francisco
Can I ask one of the coding wizards in this Forum for a overtrading indicator similar to this prototype?:
Checking the closed trades in Account History for the last 24 hours (this can be user selectable), when one or more of the limits are reached, a "STOP TRADING, YOUR xxx LIMIT HAS BEEN REACHED" message would be displayed. (I don't know if open trades can be used too)
I think the User Selectable Input should be something like this:
[font=Courier New]
Consolidate P/L=false;
PeriodInHours=24;
MaxTradesPerPeriod=4;
Target$=1000.0;
TargetInPips=100.0;
TargetPerCent=3.0;
MaxLossTrades=3;
MaxLoss$=40.0;
MaxLossPips=30.0;
MaxLossPerCent=3.0;
StopTradingStr= STOP TRADING, YOU REACHED YOUR xxxx LIMIT;[/font]
My coding capabilities in MQL4 are not enough for this task, but I think this indicator can help with one of the biggest sources of failure, at least for me...
Cheers
Francisco