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Manage Trades EA

  • Post #1
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  • First Post: Sep 19, 2011 8:17am Sep 19, 2011 8:17am
  •  asos101
  • | Commercial Member | Joined Oct 2010 | 505 Posts
i dont know if there is such an EA already here in FF or anywhere and i wouldnt be surprised if there is. if so please point me to it.

if not, i wounder if someone could code a trade management thing that does these.

1. Manage each trade individual (of course) with the current parameters it has just before the trade is entered (logical i think).
2. Be able to change parameters (such as SL, TP1, TP2) by dragging their respective lines on the MT4 Graph.
3. Need a setting to BE after X pips has reached and an offset also, say X pips from BE. (Luktom visual editor has that)
4. (the above are what Luktom visual editor has already) what i would like extra is the ability to have 2 TP targets (TP1 and TP2) and unlike Luktom to be able to not have a fixed lot size to close but rather a %.
say, in a trade that goes my way, it would BE+X pips as set above, then at TP1 would close 50%, at TP2 40% and trail the rest by say Y pips. (or would an MA touch be possible?)

so Luktom Has everything i need except the TP2 and the ability to close % of the lots entered rather than fixed lots. i can see that being a problem with a non-divide-able lot size so if that is not possible i would settle for a fixed size but also TP2 target.

feel free to comment please, thank you in advance.
  • Post #2
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  • Sep 20, 2011 1:42am Sep 20, 2011 1:42am
  •  gulzaar
  • | Joined Mar 2009 | Status: Member | 63 Posts
Quoting asos101
Disliked
i dont know if there is such an EA already here in FF or anywhere and i wouldnt be surprised if there is. if so please point me to it.

if not, i wounder if someone could code a trade management thing that does these.

1. Manage each trade individual (of course) with the current parameters it has just before the trade is entered (logical i think).
2. Be able to change parameters (such as SL, TP1, TP2) by dragging their respective lines on the MT4 Graph.
3. Need a setting to BE after X pips has reached and an offset also, say X pips from BE. (Luktom...
Ignored
Hi, your idea is pretty workable - percentage close should also not be a problem, provided the lots divide like that. If they don't, one solution is to round off the lots, or just do 50-50 - which should be possible.

Let me know, and I can start working on it for you. I do charge a small fee, which you can PM me for details.
 
 
  • Post #3
  • Quote
  • Sep 20, 2011 1:52am Sep 20, 2011 1:52am
  •  asos101
  • | Commercial Member | Joined Oct 2010 | 505 Posts
to say the truth, i was hoping someone would do it for free and take credit for his website/services as many usualy do.
you see there are similar managers around, say the Luktom visual editor has it all except the TP2 and the % closes. although i start considering the % closes to not be that important maybe as i use fixed lots for long periods.

the Cavemanager also has TP2 and % closes but i cant figure if i can drag/move these TP SL lines on the chart.

anyway, lets see if someone can do this for free.
but thank you for your offer anyway .
 
 
  • Post #4
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  • Last Post: Sep 20, 2011 1:55am Sep 20, 2011 1:55am
  •  gulzaar
  • | Joined Mar 2009 | Status: Member | 63 Posts
you are most welcome - you know where to find me, and my terms aren't fixed
 
 
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