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Good profit No loss EA

  • #41
  • Dec 2, 2017 2:02pm Dec 2, 2017 2:02pm
Thank you extraw.
One question. Is it possible to open the second ea position (5 lot) immediately after first EA has closed its last position?
  • #42
  • Dec 2, 2017 9:00pm Dec 2, 2017 9:00pm
How about we use news filter in it and only trading without the news?

I think it's good in ranging market condition
  • #43
  • Dec 2, 2017 11:28pm Dec 2, 2017 11:28pm
Quoting eazyforex
{quote} where to store dll file?
your system interesting, I search and i managed to get it in the form of mql4 ... for more research .... maybe to combining
Attached File(s)
File Type: mq4 Scalper Wicks.mq4   15 KB | 2,141 downloads
  • #44
  • Dec 2, 2017 11:42pm Dec 2, 2017 11:42pm
Quoting extraw
I combined 2 EAs on post 1. I added TargetBalance input, it means when account balance >= TargetBalance, EA will stop trading. If you don't want to use TargetBalance just input a value <= 0. Picture is my explanation how the combined EA work. I'm not responsible for any of your loss. Use with your own risk. {image} {file} {file}
thank you so much brother i will check and tell
  • #45
  • Dec 2, 2017 11:57pm Dec 2, 2017 11:57pm
Quoting extraw
I combined 2 EAs on post 1. I added TargetBalance input, it means when account balance >= TargetBalance, EA will stop trading. If you don't want to use TargetBalance just input a value <= 0. Picture is my explanation how the combined EA work. I'm not responsible for any of your loss. Use with your own risk. {image} {file} {file}
please check it
some error / order missing

2017.12.03 11:23:33.652 2017.01.12 05:58:03 first - second EURUSD,M5: OrderSend error 130

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2017-12-03 11.26.36.png Size: 78 KB
  • #46
  • Dec 3, 2017 12:25am Dec 3, 2017 12:25am
Quoting extraw
I combined 2 EAs on post 1. I added TargetBalance input, it means when account balance >= TargetBalance, EA will stop trading. If you don't want to use TargetBalance just input a value <= 0. Picture is my explanation how the combined EA work. I'm not responsible for any of your loss. Use with your own risk. {image} {file} {file}
brother you set if max order reach first ea stop work. please change it. if max order reach take big lot and close all order.
suppose market reverse again first ea . one more option if need set stop loss for every order (option only)

closing method also one more method.
take big lot after take it reverse come down and take double from already take order
for example buy stop take 5 lot and market reverse now sell stop order change to 10 lot. so quickly close it
closing method choose
1..one is same lot buy stop and sell stop
2. one side x lot other side take 2x lot
3. stop loss every order

its possible ?
  • #47
  • Dec 3, 2017 1:10am Dec 3, 2017 1:10am
Quoting extraw
I combined 2 EAs on post 1. I added TargetBalance input, it means when account balance >= TargetBalance, EA will stop trading. If you don't want to use TargetBalance just input a value <= 0. Picture is my explanation how the combined EA work. I'm not responsible for any of your loss. Use with your own risk. {image} {file} {file}
brother one more logical error
in pending order only run sell order buy stop order not take . so please check it i attach screen shot

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2017-12-03 12.38.26.png Size: 70 KB
  • #48
  • Dec 3, 2017 2:48am Dec 3, 2017 2:48am
Hi,
This version has input LossToRunInsurer (remember to input a negative number),
it means EA trade Martingale style until the profit < LossToRunInsurer, then it will run Insurer to cover the losses (hopefully).

I also added:
Label to show when it run martingale and when it run insurer.
Print couple of errors to know where the error come from.

I have no idea why there is error in ordersend, or why it doesn't clean up all pending order.
So please use at your own risk.

To be honest, I just combine 2 EAs to 1 because of curiosity to test them.
I don't have time to go deeper.
So this is the furthest I can go in this project.
Sorry about that.
I hope you will have a coder to continue working on this.
Attached File(s)
File Type: ex4 first - second v2.ex4   24 KB | 1,146 downloads
File Type: mq4 first - second v2.mq4   22 KB | 1,597 downloads
  • #49
  • Dec 3, 2017 2:53am Dec 3, 2017 2:53am
Quoting extraw
Hi, This version has input LossToRunInsurer (remember to input a negative number), it means EA trade Martingale style until the profit < LossToRunInsurer, then it will run Insurer to cover the losses (hopefully). I also added: Label to show when it run martingale and when it run insurer. Print couple of errors to know where the error come from. I have no idea why there is error in ordersend, or why it doesn't clean up all pending order. So please use at your own risk. To be honest, I just combine 2 EAs to 1 because of curiosity to test them. I don't...
thank you spend your valuable time for me
  • #50
  • Dec 3, 2017 2:53am Dec 3, 2017 2:53am
Quoting kofix11
Thank you extraw. One question. Is it possible to open the second ea position (5 lot) immediately after first EA has closed its last position?
You can manually, but not automatically.
That why we have to combine 2 EAs in to 1.
With this combined EA, you can run backtesting now.
  • #51
  • Edited 3:10am Dec 3, 2017 2:54am | Edited 3:10am
Quoting eazyforex
{quote} thank you spend your valuable time for me
No problem, good luck on your project.
  • #52
  • Dec 3, 2017 3:23am Dec 3, 2017 3:23am
Quoting extraw
Hi, This version has input LossToRunInsurer (remember to input a negative number), it means EA trade Martingale style until the profit < LossToRunInsurer, then it will run Insurer to cover the losses (hopefully). I also added: Label to show when it run martingale and when it run insurer. Print couple of errors to know where the error come from. I have no idea why there is error in ordersend, or why it doesn't clean up all pending order. So please use at your own risk. To be honest, I just combine 2 EAs to 1 because of curiosity to test them. I don't...
Hi extraw,

Unbelievable i am not expected very nice add new future loss amount added
thx so much ........................
  • #53
  • Dec 3, 2017 4:57am Dec 3, 2017 4:57am
Quoting extraw
I combined 2 EAs on post 1. I added TargetBalance input, it means when account balance >= TargetBalance, EA will stop trading. If you don't want to use TargetBalance just input a value <= 0. Picture is my explanation how the combined EA work. I'm not responsible for any of your loss. Use with your own risk. {image} {file} {file}
Hi
Last only one function need instead of target balance can it set total loss amount
if total loss amount reach close all and start from first.
please this only one changes only add it
  • #54
  • Dec 3, 2017 7:47am Dec 3, 2017 7:47am
what about the first trade whan there is a trand.
if its go about 500 pips so the first trade is in loss of 500 pips. how we can closs it with minimal loss??
  • #55
  • Dec 3, 2017 8:48am Dec 3, 2017 8:48am
Quoting eazyforex
{quote} Hi Last only one function need instead of target balance can it set total loss amount if total loss amount reach close all and start from first. please this only one changes only add it
Hi,
LossToRestart(negative input):
if Profit < LossToRestart, EA will close all orders and restart from beginning
Input value >= 0 to disable this feature.

It's sound fancy, but you have to really careful with this feature, otherwise you will take huge loses for nothing.

As usual, I will not responsible for any of your loses, use at your own risk.
Good luck to your journey.
Attached File(s)
File Type: ex4 first - second v3.ex4   25 KB | 1,339 downloads
File Type: mq4 first - second v3.mq4   24 KB | 2,055 downloads
  • #56
  • Dec 3, 2017 8:48am Dec 3, 2017 8:48am
Quoting noyraz
what about the first trade whan there is a trand. if its go about 500 pips so the first trade is in loss of 500 pips. how we can closs it with minimal loss??
i think ur not understand logic
  • #57
  • Dec 3, 2017 9:25am Dec 3, 2017 9:25am
Quoting eazyforex
{quote} i think ur not understand logic
I think I understood. I work mostly with EA of martingal and GRID so I like this logic
But I did not understand how to close the first TRADE that opened when there is a long trend
Attached is a file with an image that illustrates the problem
Attached Image (click to enlarge)
Click to Enlarge Name: ad.png Size: 10 KB
  • #58
  • Dec 3, 2017 10:14am Dec 3, 2017 10:14am
Quoting noyraz
{quote} I think I understood. I work mostly with EA of martingal and GRID so I like this logic But I did not understand how to close the first TRADE that opened when there is a long trend Attached is a file with an image that illustrates the problem {image}
in first ea take buy and sell order and each order set TP where is close there open again buy and sell.
set loss amount and max order which one is come first take big lot highest order side buy stop and lowest side sell stop
if market go any one side it cover loss order and close it

suppose market in high pending orders sell only that time you open big lot size in buy order it cover and close all one

just check ea easily you understand
  • #59
  • Dec 3, 2017 7:10pm Dec 3, 2017 7:10pm
Quoting noyraz
{quote} I think I understood. I work mostly with EA of martingal and GRID so I like this logic But I did not understand how to close the first TRADE that opened when there is a long trend Attached is a file with an image that illustrates the problem {image}
https://www.forexfactory.com/showthr...0#post10554080
  • #60
  • Edited 10:13pm Dec 3, 2017 9:51pm | Edited 10:13pm
just my opinion.. when i started trading forex, im thinking strategy like you. get profit first and let the loss position run back to profit. but the problem how get out in loss position. this like hedging. you must know how not to open 2 position buy sell in time to get back ur loss position to profit position.

Just my opinion..I think u must change strategy. like this.when the price over bought or oversold? if u think the price will back in 100 pips- 500 pips. just order in that time.

or u change strategy. check when is trend momentum?in my experience indication for trending daily/weekly candle range 200 pips ++. like engulfing bar
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