Version 1.05 released to fix a calculation bug in MT5. No need to upgrade if you use the MT4 version.
Chart Pattern Helper
- Thread starter Enivid
- Start date
- Watchers 16
Version 1.06 released to improve unit cost calculation in MT4. No need to upgrade if you use the MT5 version.
Version 1.08 fixes stop-loss calculation errors when border channel is used with entry trendline. The problem was especially severe with weekly timeframe.
Version 1.09 fixes position sizing error when using pending orders with a currency pair that has the same base currency as your account currency.
I get this error:
2021.01.04 17:29:18.429 ChartPatternHelper XAUUSD,M1: Skipping Send Pending Sell because stop-loss is too close to entry. StopLevel = 0.00 Entry = 1941.52 SL = -0.81
It seems doesn't recognize trend lines correctly.
Also many times Stop loss is not correct.
I made some edit to add trend lines at startup .
2021.01.04 17:29:18.429 ChartPatternHelper XAUUSD,M1: Skipping Send Pending Sell because stop-loss is too close to entry. StopLevel = 0.00 Entry = 1941.52 SL = -0.81
It seems doesn't recognize trend lines correctly.
Also many times Stop loss is not correct.
I made some edit to add trend lines at startup .
It's difficult to help you with this without having your chart setup. Please attach the chart template that you have used with the EA.
I also need to know whether it is MT4 or MT5.
I use MT4 ,Sometimes Entrys or Borders get negative values so there will be no orders.
StopLoss never is on trendline.
i'm new on MQL but I added some code to your EA to draw trends auto.
MQL4:
int init() { ObjectCreate(UpperEntryLine, OBJ_TREND, 0, Time[60], (High[0])*99.8/100, Time[0], (High[0])*99.8/100); ObjectSet(UpperEntryLine, OBJPROP_COLOR,clrTurquoise); ObjectSet(UpperEntryLine,OBJPROP_STYLE,2); ObjectSetText(UpperEntryLine, "Buy Entry", 12, "Arial", clrTurquoise); //.......rest of code }
@zekerya I mean chart template, not screenshot (right-click the chart, Template->Save Template).
Also, do you realize that ChartPatternHelper EA cannot trade based on the lines you've drawn as shown on those screenshots? It can only trade breakouts. For stop-loss, it will try to find the breakout candle's opposite end within the borders.
Also, do you realize that ChartPatternHelper EA cannot trade based on the lines you've drawn as shown on those screenshots? It can only trade breakouts. For stop-loss, it will try to find the breakout candle's opposite end within the borders.
Someday, maybe.
As for your template - you have lower border/entry/TP above the upper ones - the EA cannot work with such a setup.
The Chart Pattern Helper is a wrong tool for what you need. If you want to be able to put pending orders at some line level, the Position Size Calculator with its PSC-Trader script would work better for that.
The Chart Pattern Helper is good for trading based on patterns, where there is a breakout, a stop-loss based on the pattern's structure, etc.
thank you very much for your recommendation. I do not know how to add object name in input parameter. can you tell me how to add object name of HORIZONTAL LINE, TRENDLINE ?
Attachments
To change the object's name, you first have to select it. You can do it by double-clicking it. Then you right-click it and select "<Object type> properties". There, in the Common tab, you can change its name.
Chart Pattern Helper updated to version 1.10 for a new type of trades ("close above/below trendline") and some other changes.
