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Attachments: Manage Take Profit EA
Exit Attachments

Manage Take Profit EA

  • Post #521
  • Quote
  • Edited at 4:30pm Oct 16, 2015 1:32pm | Edited at 4:30pm
Hello Javforex first thank you for your kind reply , I am sorry it took me a bit ' of time to respond , but had a hard time to find a version of EA work now I have found and tested well.
Night I was in H4 with the following parameters picture attached .
I put the two EA as an attachment , as I wrote earlier I would need to find someone who can unite the two EA being new to the forum do not know where to turn .
If I do not ask too much , while we are the ideal EA resulting hybrid would be :
( Bollinger Bands EA Basic.ex4 ManageTPv2-4 + + ManageTPv2-4 . )
To get four points targhet rest , I do not know if this is possible if it was not bad even combine two EA .
Thanks again in advance for your kindness and availability await your news .
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-10-16 alle 17.42.27.png Size: 121 KB
Attached Files
File Type: mq4 ManageTPv2-4.mq4   6 KB | 882 downloads
File Type: ex4 Bollinger Bands EA Basic.ex4   45 KB | 616 downloads
for 5 digits Brokers
Attached File
File Type: mq4 ManageTPv2-4.mq4   6 KB | 1,275 download
A paid version of MTP is available. Google "Trade Manager TM". Lots of bells and whistles.
The paid version of the TM Trade Manager is now free. It can be found at www.forextoolshed.com
Quoting car2707
for 5 digits Brokers {file}
Hi is there any way to tie this to an indicator on an alert?!
TM has parameters that allow one to exit a trade at the cross of two indicators or the cross of the price and an indicator.
Can Anyone advise any indicator which shows TP level according these rules?

Lets say

Risk Ratio 1:4

EURUSD SELL

0.1 lot 1.185 SL 1.1920 TP 4XSL pip 280 pip (1.1570)

But if i'll add 0.1 lot 1.18, I want TP will be adjusted to the TP price where i will exit with the amount 4XSL pip.(1.1685)

Hope someone will help me to get rid of this calculation every time))

Don't forget to take an account of LOT and breakeven
Think like an investor, Act as a speculator. Ferid H.
Quoting Feliks
Can Anyone advise any indicator which shows TP level according these rules? Lets say Risk Ratio 1:4 EURUSD SELL 0.1 lot 1.185 SL 1.1920 TP 4XSL pip 280 pip (1.1570) But if i'll add 0.1 lot 1.18, I want TP will be adjusted to the TP price where i will exit with the amount 4XSL pip.(1.1685) Hope someone will help me to get rid of this calculation every time)) Don't forget to take an account of LOT and breakeven

try this's indicator
Attached Image (click to enlarge)
Click to Enlarge Name: Picture3.jpg Size: 104 KB
Attached File
File Type: ex4 PipShow_v2v_Fusion (3).ex4   215 KB | 494 downloads
Quoting longtrader
{quote} try this's indicator {file} {image}
Thanks for your help my friend. But there are too many information which i don't need. I need simplicity and all i want is just the indicator which will show me the price to exit..

Any way i appreciate your effort.
Think like an investor, Act as a speculator. Ferid H.
Anyone uses the trade manager anymore ? I discover it quite late and I don't know if it is still valid.
Here is the basic version, which works very well, but with a third stop target, it is really simple to use remember for Brocker with 5 digits it will have to add 0. I explain on exemple :
- First Target = 20
- Target increment = 30
- close lot = 0,1 lots
- first stop target = 20
- first stop =2
- second stop target =50
- second stop =20
- third stop target =70
- third stop =50
- use Max lose = false
In this example if you buy at GBP-USD with 0.3 lots a 1.3200, then if the price goes up and touches 1.3220 then 0.1 lots will be closed (first target) and the SL will go up to + 2 pips above the entry price, then if the price still goes up and touches the th price at 1.3250 have will therefore still close 0.1 (first target + target increment) and the SL will go up to 1.3220, the price goes up to 1.3270 and the third stop moves and rises to 1.3250 then the price goes up again and when it touches 1.3280 it will close the remaining 0.1 lots (20 pips first target + target increment 30 + 30 total 80 pips is third target)
Attached Files
File Type: mq4 Verb-Mod-MTP34-v0.mq4   6 KB | 476 downloads
File Type: ex4 Verb-Mod-MTP34-v0.ex4   6 KB | 322 downloads
this indicator will not show up on my account I use Hugsway...
Bossgroup Return Today: na
Quoting Nico-tito
Here is the basic version, which works very well, but with a third stop target, it is really simple to use remember for Brocker with 5 digits it will have to add 0. I explain on exemple : - First Target = 20 - Target increment = 30 - close lot = 0,1 lots - first stop target = 20 - first stop =2 - second stop target =50 - second stop =20 - third stop target =70 - third stop =50 - use Max lose = false In this example if you buy at GBP-USD with 0.3 lots a 1.3200, then if the price goes up and touches 1.3220 then 0.1 lots will be closed (first target)...
Hello Nico-tito.
Thank you for the upload. I am wondering if you can give me the example for the following scenario.
GBPNZD: SELL.
.15 lots
TP1: 1.9983 (30 pips)
TP2: 1.9953 (60 pips)
TP3: 1.9893 (120 pips)
SL: 2.0063 (50 pips)

Ideally, tp 1 hits, close .05 lots, bring both remaining 2 lots (.10) to break even, then when tp 2 hits, close another .05 lots, bringing the third running lot to 1.9983 (tp1) where it can either hit the tp 3 in best case scenario or hit tp one and all trades are closed that this point.
With your script provided, can you provide me with the VARS external inputs... its doesnt seem to be working for me.

Greatly appreciated.
Sorry to bump this old thread but i'm wondering if anyone knows where can i get the MT5 version of this or some similar trader manager for MT5.
Can anyone point me to the right direction or perhaps share an MT5 ex here as well, if you don't mind to help out.

I have to say, the 2nd version of the OP's original trade manger works really well and simple, i'm hoping to use it in MT5 for CFD trading.

Thanks for all the sharing.
Good day, I need help with this EA if I load it, it doesn't work
Attached Files
File Type: zip FXMultimeterIII.zip   1.9 MB | 63 downloads
File Type: mq4 FX_Multi-Meter_III.mq4   201 KB | 64 downloads
Hi guys
I need an expert like this expert to close 50% of the tp and trail the rest with certain pip.
its not work for my broker
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