Disliked{quote} yes, true. this with rollover was only a addon to your perfect describtion. but in general there is no need for this method, only maybe when learning programming its more easy to manage.Ignored
1
- Joined Jul 2005 | Status: zzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzz | 1,289 Posts
{quote} I know. I am just pulling your leg dude.... just in case there is any creative or hidden way to pay only once via 'Open'by()
Inserted Code
//returns net position of a successful "OpenBy". -1 if unsuccessful.
double OpenBy(string symbol,double lots)
{
return 0.0;
} 
This is a superb EA! It is all the manual trader would ever need!However, they will not understand what you just gave them, I suppose...
You have been around here for over 12 years. I do wonder, why are you throwing pearls to pigs?
When used properly, this tool is invaluable. The question is how many of us would actually know HOW to use it?
Nicholisen, it's very generous of you to share this with the wider community. I think most people have no idea how useful this is.
For the last few months, I have been working on something similar by incorporating same concepts into a fully automatic EA.
Run it on a low risk profile and use this on multiple pairs and 40-60% per annum is not a problem at all.
IF you know what you are doing.
Very fast indeed, Excellent work!
Thanks for sharing!
I always use OrderCloseBy or MultipleCloseBy for closing positions. One suggestion: The algorithm sorts the "buy" and "sell" positions by lot size first; if Net position is positive or negative (!=0) the netting method:" last buy"-> hedge-> last sell (or opposite) + remaining open positions. If sorting (buy and sell positions) in the code is done by "position price" first, the outcome should be better. For example: If i have many open positions and at some point I want to be as much as possible Net positive and I want to close all my sell position very quickly, then your panel is an indispensable tool. To make myself clear: For example:
acc=2000; cur.price=1.22600
case1: The algorithm (as it is) sorts "buy" and "sell" positions by "lot size and order" (if lot size is same, by order):
order-type-size-price-profit
---------------------------------
01 buy 1 1.22590 =+100
02 buy 1 1.22580 =+200
03 buy 1 1.22630 =-300
04 buy 1 1.22610 =-100
05 buy 1 1.22620 =-200
06 sell 1 1.22585 =-150
07 sell 1 1.22565 =-350
acc=2000; Equity= 1200; float.profit=-800
the algo does the hedging this way: last sell->last buy (spread paid only once)
(07->05)=(-350)+(-200)=-550
(06->04)=(-150)+(-100)=-250
plus still open positions:
01 buy 1 1.22590 =+100
02 buy 1 1.22580 =+200
03 buy 1 1.22630 =-300
acc=1200; Equity= 1200; float.profit=0
acc=acc+(-550)+(-250)=2000-550-250=1200 (acc=1200;netting=-800)
***************************************
case2: If the algorithm sorts "buy" and "sell" positions by "position price" first:
03 buy 1 1.22630 =-300
05 buy 1 1.22620 =-200
04 buy 1 1.22610 =-100
01 buy 1 1.22590 =+100
02 buy 1 1.22580 =+200
07 sell 1 1.22565 =-350
06 sell 1 1.22585 =-150
(06->02)=(-150)+(+200)=+50
(07->01)=(-350)+(+100)=-250
plus still open positions:
03 buy 1 1.22630 =-300
05 buy 1 1.22620 =-200
04 buy 1 1.22610 =-100
acc=1800; Equity= 1200; float.profit=-600
acc=acc+(+50)+(-250)=2000+50-250=1800 (acc=1800;netting=-200)
Although the Equity is same, the BIG DIFFERENCE after pressing "Order maintenance" button is: my account at this stage is 1800$(not 1200$) and I can decide how to deal with the open positions afterwards. It should be nice to have a possibility to choose the sequence of closing the trades. I use mostly MT5_hedge mode, but I like your panel very much and often check this thread for mt5 version or a script.
Thanks again for sharing your work.
Thanks for sharing!I always use OrderCloseBy or MultipleCloseBy for closing positions. One suggestion: The algorithm sorts the "buy" and "sell" positions by lot size first; if Net position is positive or negative (!=0) the netting method:" last buy"-> hedge-> last sell (or opposite) + remaining open positions. If sorting (buy and sell positions) in the code is done by "position price" first, the outcome should be better. For example: If i have many open positions and at some point I want to be as much as possible Net positive and I want to close all my sell position very quickly, then your panel is an indispensable tool. To make myself clear: For example:
acc=2000; cur.price=1.22600
case1: The algorithm (as it is) sorts "buy" and "sell" positions by "lot size and order" (if lot size is same, by order):
order-type-size-price-profit
---------------------------------
01 buy 1 1.22590 =+100
02 buy 1 1.22580 =+200
03 buy 1 1.22630 =-300
04 buy 1 1.22610 =-100
05 buy 1 1.22620 =-200
06 sell 1 1.22585 =-150
07 sell 1 1.22565 =-350
acc=2000; Equity= 1200; float.profit=-800
the algo does the hedging this way: last sell->last buy (spread paid only once)
(07->05)=(-350)+(-200)=-550
(06->04)=(-150)+(-100)=-250
plus still open positions:
01 buy 1 1.22590 =+100
02 buy 1 1.22580 =+200
03 buy 1 1.22630 =-300
acc=1200; Equity= 1200; float.profit=0
acc=acc+(-550)+(-250)=2000-550-250=1200 (acc=1200;netting=-800)
***************************************
case2: If the algorithm sorts "buy" and "sell" positions by "position price" first:
03 buy 1 1.22630 =-300
05 buy 1 1.22620 =-200
04 buy 1 1.22610 =-100
01 buy 1 1.22590 =+100
02 buy 1 1.22580 =+200
07 sell 1 1.22565 =-350
06 sell 1 1.22585 =-150
(06->02)=(-150)+(+200)=+50
(07->01)=(-350)+(+100)=-250
plus still open positions:
03 buy 1 1.22630 =-300
05 buy 1 1.22620 =-200
04 buy 1 1.22610 =-100
acc=1800; Equity= 1200; float.profit=-600
acc=acc+(+50)+(-250)=2000+50-250=1800 (acc=1800;netting=-200)
Although the Equity is same, the BIG DIFFERENCE after pressing "Order maintenance" button is: my account at this stage is 1800$(not 1200$) and I can decide how to deal with the open positions afterwards. It should be nice to have a possibility to choose the sequence of closing the trades. I use mostly MT5_hedge mode, but I like your panel very much and often check this thread for mt5 version or a script.
Thanks again for sharing your work.