DislikedHello Dayi, I hope i have given you more insight into ea operations . My ea is a shell from stevehopwood. I use to code strategy the risk percentage comes already coded by him. i will check what he meantIgnored
Hi Candy,
The EA did well during FOMC and Kiwi rate decision. I understood the method. Only thing still is the money management what confuses me.
More specific the trailing SL. Do the EA use certain pip distance to amend the SL or certain timeframe. I just ask, because i wanne understand why some pairs are not trailing even they reached same pip distance in profit than other ones. In my screenshot you can see what i mean
Furthermore I decided to take off the 0.2 risk percentage parameter. As you can see in the picture (red box) i would get a problem as the loosing hedge position is bigger than the profit long position. So when long GBPUSD would run further towards TP level, this would cause an immediate close of the short position once long position is closed. As the amount of the loosing short position would be already higher than 0.2% of the balance. So result would be net loss as the hedge is net loss currently. Any idea how to handle such cases?
The EA did well during FOMC and Kiwi rate decision. I understood the method. Only thing still is the money management what confuses me.
More specific the trailing SL. Do the EA use certain pip distance to amend the SL or certain timeframe. I just ask, because i wanne understand why some pairs are not trailing even they reached same pip distance in profit than other ones. In my screenshot you can see what i mean
Furthermore I decided to take off the 0.2 risk percentage parameter. As you can see in the picture (red box) i would get a problem as the loosing hedge position is bigger than the profit long position. So when long GBPUSD would run further towards TP level, this would cause an immediate close of the short position once long position is closed. As the amount of the loosing short position would be already higher than 0.2% of the balance. So result would be net loss as the hedge is net loss currently. Any idea how to handle such cases?
Just heads up, I have closed all the trades. I have reset the EA but most crosses are buy or sell only. As I expect some some trades to be open for weeks/months I will be going with positive swap only as over long period of time I feel like this will ad up to a lot. All .02 are my personal trades Please ignore 
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- #188
- Mar 22, 2018 3:50am Mar 22, 2018 3:50am
- Joined Mar 2013 | Status: Trader | 1,773 Posts
Just heads up, I have closed all the trades. I have reset the EA but most crosses are buy or sell only. As I expect some some trades to be open for weeks/months I will be going with positive swap only as over long period of time I feel like this will ad up to a lot. All .02 are my personal trades Please ignore
- #189
- Edited 4:46am Mar 22, 2018 4:35am | Edited 4:46am
- Joined Mar 2013 | Status: Trader | 1,773 Posts
Hi Candy, The EA did well during FOMC and Kiwi rate decision. I understood the method. Only thing still is the money management what confuses me. More specific the trailing SL. Do the EA use certain pip distance to amend the SL or certain timeframe. I just ask, because i wanne understand why some pairs are not trailing even they reached same pip distance in profit than other ones. In my screenshot you can see what i mean {image} Furthermore I decided to take off the 0.2 risk percentage parameter. As you can see in the picture (red box) i would get...
Do the EA use certain timeframe to amend the SL . no
I have set to true what is showing in screenshot
Hi Candy, The EA did well during FOMC and Kiwi rate decision. I understood the method. Only thing still is the money management what confuses me. More specific the trailing SL. Do the EA use certain pip distance to amend the SL or certain timeframe. I just ask, because i wanne understand why some pairs are not trailing even they reached same pip distance in profit than other ones. In my screenshot you can see what i mean {image} Furthermore I decided to take off the 0.2 risk percentage parameter. As you can see in the picture (red box) i would get...
this is the code in EA for moving average trailing stop
if ( sl > OrderOpenPrice())if(SMA240AM5 < SMMA5A4HH && SMA240AM5 > SMMA5A4HL)
if (SMA240AM5 > sl)
sl = stoploss SMA240AM5 = simple moving average period 240 min 5 chart
this is buy condition for stoploss to move.
- #190
- Edited 5:22am Mar 22, 2018 5:04am | Edited 5:22am
- Joined Mar 2013 | Status: Trader | 1,773 Posts
{quote} by the way, I can confirm that if the risk parameter works. I testet it on an other account with 0.1%. I closed perfectly for a single pair when total value reached 0.1% of the balance. ( I am using balance instead of equity what is default setting). To get back to my previous problem with the net loss hedge, I will just say that it feels not so comfortable when you expect that ones the positive postion closes you carry a huge loss with you on the other side. And there are no further long pending orders in the pocket.
there's one buy positive one sell negative the EA waits 28 hours(hoursbetweensignal) ,which you can change, to put next pending buy. I chose 28 because it takes 28 hours to complete 1min cycle .if you want if overall account is in profit close some or all orders . at end of day EA is expert advisor, it advise you decide according to your preferences
{quote} Many thx and sexy dreams :-)
screenshot 4hr chart cadjpy.
the ea will only look for trades if market is between SMMA5AHH and SMMA5AHL.
The Power of 10EMA Post#8,528 by FF member named tango-1
https://www.forexfactory.com/showthr...11#post6075211
- #194
- Mar 22, 2018 2:07pm Mar 22, 2018 2:07pm
- Joined Mar 2013 | Status: Trader | 1,773 Posts
{quote} Many THX for your details. The EA worked well for me on demo till the moment when suddenly the trades have been closed. Got message something like "candle power has hit its hedged basket profit". How can i avoid it? Have Not found candle power parameter in the settings.
{quote} Many THX for your details. The EA worked well for me on demo till the moment when suddenly the trades have been closed. Got message something like "candle power has hit its hedged basket profit". How can i avoid it? Have Not found candle power parameter in the settings.
i have coded to say if stoploss is at breakeven allow another trade
instead of waiting 28hours. could spice up things
https://www.mql5.com/en/signals/409509
signal with PACv32
missing code fixed
bug in equity trailer also fixed in PAC
new test started trade explorer created . PACv33
stoploss change to allow new trade wasn't working {file}
When restarted the EA about an hour later... several hedges have been opened.
If the London opning mess is an issue of ErveryTick mode, then we have now final evidence that even with Demo Account it is too dangerous to use "true" as parameter. So maybe for safety better to take it out of code Candy?
- #200
- Mar 26, 2018 3:57am Mar 26, 2018 3:57am
- Joined Mar 2013 | Status: Trader | 1,773 Posts
{quote} Version v33 crashed my GBPUSD after London opning. It opened several position same second till I stopped EA :-) {image} When restarted the EA about an hour later... several hedges have been opened. If the London opning mess is an issue of ErveryTick mode, then we have now final evidence that even with Demo Account it is too dangerous to use "true" as parameter. So maybe for safety better to take it out of code Candy?
in screenshot i have tried to show possible pullbacks that can attract pendings and hopefully come out of a drawdown