BASKET TRADE Management: Using multiple trade management EA's on basket trades 9 replies
Alternative Trade Management/Money Management Methods 3 replies
multi-purpose Stoch Alert 11 replies
DislikedHi guys
ive tried to get this EA to work for my scalp trades but all it does is close the trade straight away saying its hit the SL??
What I need it to do is close half trade at 5 pips profit and lock in the rest of the trade to breakeventhen trail this remaing 50% of the trade with a 5 pip trail step.
Can someone please explian how I manage to get the EA to work this way please..many thanks in advanceIgnored
DislikedMost people know what MPTM does, so I have edited this first post to make it easier to read. Explore the zip files to see if there is anything of use to you.
For those of you who do not know what mtpm is: I have written/am writing a multi-purpose trade managing EA. At heart, this is about manipulating stop losses and take profits of trades already open. The only way to get a feel for what the ea does is to read the user guide and try the ea on demo, using what you glean from the guide.
I posted the first version of mptm back in the summer of...Ignored
DislikedHello, Steve. Hope your are doinf well.
I have been using your Multi-Purpose-Trade-Manager for some time know -- it is a great trade management tool. I just tried to download the latest version, and I get a "the archive is either in unknowm format or is damaged" message. I am running Windows Vista, and changed the .php extension to .zip and to .rar without success. In the past, if I change the extension and it solves the problem. Do you have any ideas here?
GeorgeIgnored
DislikedHi, I came in late on this EA, which looks promising and is clearly very sophisticated. I really just wondered if anyone had a successful set file on the M5 which they would be prepared to share especially if it takes into account the hedging feature. Currently, I can get break even on a day's trading, however, I end up with dozens of hedge trades so its almost impossible to work out what is going on and improve the situation. I also wondered if the EA persevered trying to close a trade. I have a couple of positions where the price seems to have...Ignored
DislikedI dont know about all the functions of this program but the BE with profit function has been great to me this last month. This is what I wrote on one of my threads.
"Just to show you how valuable the MPTM has become, for the month of March, all my +5 and +10 added up to 790 pips. +790 thats not bad for that little program."Ignored
DislikedI use the MPTM settings of at 20 pips set a +10 pips profit. This week it closed 64 trades for a total of 640 pips. That was 1/2 of my total pip count for the week.
"Ignored
DislikedHi nanningbob,
That sounds like some settings I would like to use for a scalp I am working on. Would you please post your set file for that?
thanks,
DavidIgnored