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Abokwaik replies to PMs 96 replies

Hanover - can you help me with MT4 qs please? 4 replies

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Hanover replies to PMs

  • #1,301
  • Feb 29, 2020 9:21am Feb 29, 2020 9:21am
Hi hanover,

We are all glad you are active again on FF.

I am looking for a simple indicator for my elderly retiree learners . Please see if you have any link for such an indicator. Since your mail button is not there
I am posting my link here:

https://www.forexfactory.com/showthread.php?t=983601
Practice makes a person perfect
  • #1,302
  • Feb 29, 2020 9:49am Feb 29, 2020 9:49am
Quoting simnz
We are all glad you are active again on FF. I am looking for a simple indicator for my elderly retiree learners . Please see if you have any link for such an indicator.
Not sure how long I'll remain active for, for health reasons. My wife tells me that I waste too much time here, and as usual, she's absolutely right.

Not sure if you're looking for a simulator (Google something like "mt4 trading simulator free download"); or a trade history plotter like the one pips4life provided here (or my antiquated one -- use the version attached below; instructions here). Back around 2007-8 there was a trading simulator "vHands", I don't know if it still works on the latest MT4 builds. Apart from those, I don't know of anything else.

It's 4:45am here in NZ and I'm going to bed.
Attached File(s)
File Type: ex4 Trades History.ex4   33 KB | 444 downloads
  • #1,303
  • Mar 1, 2020 10:10am Mar 1, 2020 10:10am
Quoting hanover
{quote} Not sure how long I'll remain active for, for health reasons. My wife tells me that I waste too much time here, and as usual, she's absolutely right. Not sure if you're looking for a simulator (Google something like "mt4 trading simulator free download"); or a trade history plotter like the one pips4life provided here (or my antiquated one -- use the version attached below; instructions here). Back around...
Thank you so much.
Your cue helped me find FXblue analytical site that is offering free trading simulator as well as their analytics account to analyse even the trades done on simulator.
Tomorrow I will try it and see its results.
Practice makes a person perfect
  • #1,304
  • Mar 1, 2020 1:01pm Mar 1, 2020 1:01pm
I have a question for you. So,,,, I have and use multiple ex4 EA's without the MQL code. I am wondering if its possible to have these EA's manipulated by a different EA. Is there anyway to have a managing EA built to take over other EA's after the 1st order has opened from the ex4 EA's has taken a trade. For example : I have two different EA's attached to different pairs . One on EURUSD, and the other on USDJPY chart. that opens buy/sell orders from their own algorithm rules. I also have one more EA attached to USDCHF, which will manage the other two EA's after or when they have a order opened. Examples of This Managed EA will be able to :

1) disable other orders from opening until the 1st orders are closed in profit or loss.
2) Add orders from 1st EA's order until closed in a basket together profit or loss

Just wanted to make sure its possible before I look for a programmer.
Thanks for your time !!
  • #1,305
  • Edited 7:03pm Mar 1, 2020 6:45pm | Edited 7:03pm
Quoting PippinUSA150
I have a question for you
Short answer is that I don't know how to make it possible. Two EAs can communicate with each other using data in files and/or global variables, but you said you don't have the MQ4 files, hence the existing EAs can't be modified to do this. However, your new EA could work with the orders generated by the existing EAs, e.g. by checking for P/L, magic numbers etc, it could close these, or add a TP, SL, trailing stop and so on, or add to the basket by creating new market or pending orders.

"1) disable other orders from opening until the 1st orders are closed in profit or loss."
The new EA could check the P/L of any existing orders, regardless of how they were created (by another EA, manually etc). However it would need to be able to identify these orders (e.g. by magic number) as distinct from any other orders that might have been created for another purpose. The new EA can't change the behavior of any existing EAs, i.e. it won't be able to prevent the existing EAs from placing or closing orders. However, it could attempt to delete any pending orders before they open.

"2) Add orders from 1st EA's order until closed in a basket together profit or loss"
Same logic applies. The new EA could add orders based on the P/L or status of any existing orders, but it can't stop the existing EAs from placing, closing or deleting orders beyond whatever you can control via the existing EA's settings. You would need the MQ4 files for the existing EAs if you want a programmer to change their behavior.
  • #1,306
  • Mar 2, 2020 9:51am Mar 2, 2020 9:51am
"1) disable other orders from opening until the 1st orders are closed in profit or loss."
The new EA could check the P/L of any existing orders, regardless of how they were created (by another EA, manually etc). However it would need to be able to identify these orders (e.g. by magic number) as distinct from any other orders that might have been created for another purpose. The new EA can't change the behavior of any existing EAs, i.e. it won't be able to prevent the existing EAs from placing or closing orders. However, it could attempt to delete any pending orders before they open.

Thank you so much for explanation ! In regards to your highlighted response, would this magic number from an order need to be manually entered into the managing EA, Or would it read it bye itself?
  • #1,307
  • Mar 2, 2020 11:41am Mar 2, 2020 11:41am
Quoting PippinUSA150
In regards to your highlighted response, would this magic number from an order need to be manually entered into the managing EA, Or would it read it bye itself?
An EA can optionally assign a "magic" number to each order. I don't know why it is called "magic", nor why it is invisible (it doesn't display on MT4's terminal). It is nothing more than a (permanent) reference number. The programmer can allow the user to enter the magic number as a parameter setting, or he can simply make the EA assign any number that he chooses. It doesn't have to be unique, i.e. several orders can have the same magic number; however only one magic number can be assigned to each order. If a magic number is omitted, it is effectively set to 0. A magic number can only be set when the order is first created; once the order has been created, it can't be changed. Although the magic number is normally invisible, the programmer can could code an EA so that it retrieves the number for certain orders and (for example) displays them somewhere on the chart.

Another EA can read this magic number, and then process it according to whatever rules the programmer codes. For example, if one EA assigns the magic number 1234 to the orders it creates, then a second EA can distinguish these orders from any other orders (that were created by another EA, or manually) and (for example) for any are profitable, close part of them and move the SL on the remaining amount to breakeven, while leaving orders without the magic number 1234 untouched.
  • #1,308
  • Mar 2, 2020 11:57am Mar 2, 2020 11:57am
Ok, I think i am getting it. So I would need to have code programmed in the EA, so that the managing EA can read magic number to manipulate Profit Stop loss etc..?
Thanks !
  • #1,309
  • Mar 2, 2020 3:16pm Mar 2, 2020 3:16pm
Quoting PippinUSA150
Ok, I think i am getting it. So I would need to have code programmed in the EA, so that the managing EA can read magic number to manipulate Profit Stop loss etc..? Thanks !
Yes, assuming that the EA that created the order has assigned a (suitable) magic number to it. By "suitable" I mean that all of the orders that you want your managing EA to process have magic number(s) that allow the EA to distinguish them from any other orders.

I've attached a script (install it in /MQL4/Scripts folder) that you can drag onto your chart, and it wil plot (1) system register info, (2) a detailed list of all orders on MT4 Terminal's 'Trade' and 'Account History' tabs, (3) a detailed list of all the objects on the chart, and a list of all Global Variable values. I've provided it because it allows you to see the (otherwise invisble) magic numbers assigned to each order. It creates an output file containing all of this data in the folder /MQL4/Files. As you can see in the attached sample output, I've previously placed two pending orders, and deleted one of them. The deleted one (status = D) has a magic# of 1234, and the one that is still pending (status = P) has a magic# of 123456. So (for example) your managing EA could check to see if there are orders with a magic# of 123456, and process only those orders using whatever rules have been coded.

Note: instead of using magic numbers, the EA could try to distinguish orders by their order type, open time, P/L, symbol traded, comment, or any info that is displayed in the report. The comment can be anything up to 30 characters of text, and could be used as a distingusihing mark, but (unlike the magic#) it can be displayed on the Terminal, and it gets overwritten by MT4 when the order is closed or deleted.
Attached File(s)
File Type: mq4 System Info Dump.mq4   335 KB | 432 downloads
  • #1,310
  • Mar 2, 2020 4:56pm Mar 2, 2020 4:56pm
Note: instead of using magic numbers, the EA could try to distinguish orders by their order type, open time, P/L, symbol traded, comment, or any info that is displayed in the report. The comment can be anything up to 30 characters of text, and could be used as a distingusihing mark, but (unlike the magic#) it can be displayed on the Terminal, and it gets overwritten by MT4 when the order is closed or deleted.
Attached File

Thanks you for answering my questions. And thank you for the dump file. If I understand correctly: it is possible for a managing EA to be coded that can recognize orders ( opened or closed) from an EA that has not been coded for this purpose, but modified if only MQL file is available ?
Suppose I wanted a programmer to build me a Managing EA to read from other EA's that have open orders, and this Managing EA can add,close orders bye rules , such as grid distance, ATR value etc.. ? I basically trying to take the 1st orders from these EA's that are only ex4 file then, transferring these orders to a managing EA that will close or add orders to close..Hope that makes sense
I hope I am not upsetting you because of redundancy, but I think I understand. Again thank you so much for your time !
  • #1,311
  • Mar 2, 2020 8:15pm Mar 2, 2020 8:15pm
if you opt for using Magic Numbers, you could add a comment to your trades where the comment is the Magic Number.
In this way you can see the Magic Number per trades in the MT4 Terminal (assuming you have the comments enabled/ticked)
" check out The Traders Outpost "
  • #1,312
  • Mar 3, 2020 1:10am Mar 3, 2020 1:10am
Quoting PippinUSA150
If I understand correctly: it is possible for a managing EA to be coded that can recognize orders ( opened or closed) from an EA that has not been coded for this purpose, but modified if only MQL file is available ?
The answer is simple (I think!!). An EA can read and manage orders (regardless of who or what created them), but it can't read or modify another EA. You would need the mq4 file of the other EA, to allow a programmer to modify it.
  • #1,313
  • Mar 3, 2020 1:11am Mar 3, 2020 1:11am
Got it ! Thanks for your time !
  • #1,314
  • Mar 6, 2020 11:38pm Mar 6, 2020 11:38pm
Hi Hanover, I'm pretty sure I know your answer already, but I thought I'd ask anyway. I need a very simple and basic trend following EA. The main reason I need this is for when I'm potentially at work, when my trailing stop is hit, the EA will open in the opposite direction and start trailing again.

So for example, if I open a long position, and set the trailing stop to 30 pips, and the price moves in my direction a bit, but then turns around and hits my trailing stop, it will now open a short position with a 30 pip trailing stop, and the process just keeps repeating over and over until I disable the EA. Please include an option for the initial trade to be either long or short, a lot size option and how much the trailing stop will be.

In other words, I need this to be a fully automated EA, not just a trade manager.

If you require some kind of compensation for your time, I'm happy to oblige.
  • #1,315
  • Mar 6, 2020 11:51pm Mar 6, 2020 11:51pm
Quoting EntrustNoone
I need a very simple and basic trend following EA.
Thanks for the offer of compensation, but I'm sorry, I don't code EA requests unless I know the client personally. If you are willing to pay, there are a lot of MQL4 programmers on MT5 or upwork. For more ideas, see the 'MT4 programming' section in post #1.
  • #1,316
  • Mar 6, 2020 11:58pm Mar 6, 2020 11:58pm
Quoting simnz
{quote} Thank you so much. Your cue helped me find FXblue analytical site that is offering free trading simulator as well as their analytics account to analyse even the trades done on simulator. Tomorrow I will try it and see its results.
It worked well. Only problem with existing simulators is time they take. It took 4 days to capture trading of 10 days.
With FX blue which is not only free but instantly provides you analytics on its website.
Practice makes a person perfect
  • #1,317
  • Mar 7, 2020 12:08am Mar 7, 2020 12:08am
Quoting hanover
{quote} Thanks for the offer of compensation, but I'm sorry, I don't code EA requests unless I know the client personally. If you are willing to pay, there are a lot of MQL4 programmers on MT5 or upwork. For more ideas, see the 'MT4 programming' section in post #1.
Ok, thanks for the quick reply.
  • #1,318
  • Mar 7, 2020 11:27am Mar 7, 2020 11:27am
I am looking for an EA that can set up a basic Entry and management module for

(a) Entering trades on any marketwatch symbol on ticks . Enter using increase or decrease in PERCENTAGE OF PRICE as the trigger. Both buys and sells will happen unless direction is restricted to % percentage of buy and sell proportion

(b) Entering PENDING trades on the basis of Hedging (to put a lock in opposite direction) or Averaging (to average out losing positions by trading in same direction).
Criteria for entry: increase/decrease in percentage of price.

(c) Suspension of trades by hedging existing total number of lots in opposite direction when Margin% (deposit load) drops by certain xxxxx percentage

Protection of profits

Protect my profits by transferring Stop Loss to a new position by my selection of Pips Distance. Three lines will be required: High, Middle, and Low . These three positions will be defined by space (in pips) between the three tiers.

Delaying of trades because they are based on ticks. Buy and Sell will happen rapidly unless I restrict the percentage to 100% of buy or 100% of sell.

Delay my entry based on ticks trading by seconds/minutes/hours/days or to a fixed time

change Trailing Stop from a fixed price level first and subsequently in fixed stops
Mark No-trading zones High (by pips) and Low (by pips) or Prices or both
Make Time filter/scheduler
Trade fixed lots and variable lots
Control slippage
Control change in Trailing Stop by specifying seconds for the server to respond


How should I put it together all to brief a coder. I am not tech-savvy and any help will be greatly appreciated
Thank you.
Practice makes a person perfect
  • #1,319
  • Mar 13, 2020 7:14pm Mar 13, 2020 7:14pm
Quoting simnz
I am looking for an EA that can set up a basic Entry and management module....
I would just explain what you require as you have done above. A competent programmer should understand what you're getting at in much the same way that I would; if anything is unclear or ambiguous, then s/he should ask you approriate questions.
  • #1,320
  • Mar 27, 2020 3:09am Mar 27, 2020 3:09am
Hi Hanover,

What does the increase/decrease of tick volume on consecutive bars mean?
What does the increase/decrease of candle range on consecutive bars mean?
Suppose on 1hr candles.

And, are there any other number based factors that can influence price?

Regards.
HMSR
HMSR
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