How to add lotsize to trade already open?

Sep 21, 2014 at 10:38
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3 Replies
Member Since Oct 23, 2012   355 posts
Sep 21, 2014 at 10:38
How to add lotsize to trade already open?

It seems there is a few bots that can do this.. maybe only mql5?

Does anyone have any example of the code required to do this...





here is a small thread referring to this technique...

https://www.mql5.com/en/forum/10470
if you follow the flock like sheep you always end up stepping in shit!
Member Since Sep 20, 2014   365 posts
Sep 21, 2014 at 13:38
Can't do it on MT4.

If you can't code and that's how you want to trade I suggest Oanda. They report both the trade and the position. So you have both.

MT5 is unique in that it only has one trade ever.

Of course working out your position via code isn't much of an issue on MT4, here's the calculation: https://www.investopedia.com/terms/v/vwap.asp
Member Since Oct 23, 2012   355 posts
Sep 22, 2014 at 07:03
Ah so it something solely that happens when trading on mt5 that instead of multiple orders it adds to one order and uses averaging..

time todo some testings..

thanks for your reply!
if you follow the flock like sheep you always end up stepping in shit!
Member Since Sep 20, 2014   365 posts
Sep 22, 2014 at 07:11 (edited Sep 22, 2014 at 07:30)
Yes, MT5 is purely positional, MT4 is purely trade based and Oanda is both.

Oanda is in fact working on a merge function for open trades since they limit the numbers of open trades, hopefully one of these days I'll be able to do serious volume on them.
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