For Wamo and manperm, and anyone else who would like to try it, here is my EA.
Credit for programming, and many many thanks go to Fulltime247 on FF for building it for me. Highly recommended if you are looking for some custom programming, and reasonably priced.
See attached picture with numbered rows:
1. Number of pips before stop is moved
2. Where to move stop to in relation to your entry (0 is breakeven, 10 is 10 higher than breakeven, -15 would be 15 below breakeven)
3. Number of pips before closing part of your trade
4. How much of your trade to close. (0.5 is 50%, 1 is 100% etc) This variable rounds up to the nearest, smallest lot. (on mine it is nano lots, because that's the smallest I can trade with my broker)
5. This is my favourite. Set to true to have MT4 send you an alert when the EA does something. Then I can go to my charts and see what my next move is. I have it send it to my phone. If anyone need help with this, let me know I'll be happy to explain it.
6. Just leave this at 3. It is the amount of pips slippage before the EA will not close your lots. I never touch it, I'd rather my orders go thru regardless.
Please demo the EA first. All numbers are entered in whole pips, but some pairs are funky and you do have to enter the extra pipette. I'll post if I can find my note that says which pairs they were. All the majors are fine IIRC.
Edit: Put the EA file in your 'experts' folder for MT4. You should find it at C/Program files/your broker/experts
Enjoy
Credit for programming, and many many thanks go to Fulltime247 on FF for building it for me. Highly recommended if you are looking for some custom programming, and reasonably priced.
See attached picture with numbered rows:
1. Number of pips before stop is moved
2. Where to move stop to in relation to your entry (0 is breakeven, 10 is 10 higher than breakeven, -15 would be 15 below breakeven)
3. Number of pips before closing part of your trade
4. How much of your trade to close. (0.5 is 50%, 1 is 100% etc) This variable rounds up to the nearest, smallest lot. (on mine it is nano lots, because that's the smallest I can trade with my broker)
5. This is my favourite. Set to true to have MT4 send you an alert when the EA does something. Then I can go to my charts and see what my next move is. I have it send it to my phone. If anyone need help with this, let me know I'll be happy to explain it.
6. Just leave this at 3. It is the amount of pips slippage before the EA will not close your lots. I never touch it, I'd rather my orders go thru regardless.
Please demo the EA first. All numbers are entered in whole pips, but some pairs are funky and you do have to enter the extra pipette. I'll post if I can find my note that says which pairs they were. All the majors are fine IIRC.
Edit: Put the EA file in your 'experts' folder for MT4. You should find it at C/Program files/your broker/experts
Enjoy
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Attached File(s)
J16Manager.ex4
6 KB
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1,340 downloads