Millionaire Expert (save as EA)

solution:

i will add hhlovernhh idea of displacemnt by some ammount or percentage. done through defaults only.





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doctors warn of intermittent sleeps!!

download final version from the main post.

sacredragon: now on-fly even with 0.5 seconds.
i trace all while loooooooooooooops!

Take Profit concepts

I tried to explain why in my opinion I think the actual Smart P/L method should be improved but so far I think I wasn't able to clearly state the reasons.

Let's try again.

Everyone understands the order TP concept - when an order is above X profit take that profit by closing the order.

The Pair TP concept (Grid trading of a pair) is more complex but it can be stated with:
1. Simple pair trading - when the sum of all active orders on a Pair is above X profit take that profit by closing all active orders - supported by the EA with MIRA system.
2. Complex pair trading - when the sum of the profit, after starting trading the pair with a grid strategy, of all active orders and closed orders since the start (support for order TP concept) is above X profit take that profit by closing all active orders of the pair - not supported by this EA even with only one pair per EA

The Smart P/L concept is much more complex since, in reality in this EA, it addresses the basket trading concept together with:
1. Order trading concept
2. Grid trading, per pair, concept

So we have the following possibilities for the Smart P/L in the context of this EA:
1. Simple Basket Trading - The only TP system active on the EA - there is no TP or SL per order and there is no TP or SL by pair and the statement is:
- When the sum of all orders is above X profit take that profit by closing all orders on all pairs - supported by the EA!
2. Complex Basket trading - Allow TP or SL by pair or by order or by both - the statement is:
- When the sum of the profit, since the basket has started, of all active orders and closed orders is above X profit take that profit by closing all active orders -
not supported by this EA!


So in order to implement the complex basket trading system, it is necessary to register the Equity of the starting point of the basket trading and base the take profit on that starting value (as it was in previous versions) or the better implementation of keeping a total of the profit of all orders closed since the start of the basket trading.

We can't use the delta value preconized by eng.yahia idea to base the calculations since whenever a TP happens (grid or order) during the life of the basket the delta value is reduced and will never rise to the value defined for the basket TP.

As it was before the absolute value of the Equity was a better solution but does not support other EAs or manual trades on the account as requested by eng.yahia.


For the complex grid pair trading system the same implementation is needed - keeping a total of the profit of all orders closed of the pair since the start of the grid of that pair trading (since the first order).

thank u Al otaibi

i have a problem
why my screen shows this?
in expert log says:
2021.04.17 17:07:35.011 _A43_MillionaireExpert GBPUSD,H1: FOREX FACTORY: TradeContextBusy() || IsStopped()

The same thing happens with me, too.
And then about 30 seconds later, the EA automatically removed.
Here is the expert log

excellent,
we realize all now job of contextIsBusy
new lesson for me
will be reomved!
====
msjamira: please brother talk about smart tp/sl in smart way, focus on toalYYYXXX PAIR, not on specific order
we here to fight against "specific" and to widen our minds
please remove all old system and theories from your mind.

sorry

re-download:


f

Thank you so much, Al-Otaibi.
It is OK now.

since some use it without reading or thinling i make critical defaults OFF:

24H---FALSE
-MIRA: NO
SMART TP: OFF

and so on

i make all esential parameters on the top of default value.
no need to delete old aDefault since it is superceded by new name _Defaults.csv.

the basic 7 parameters on the top:

f

that mean it is very save fron the beginning, unlike test versiosn

NewLesson: "hhlovernhh displacement"
it is always in amount
TS will not trigger or start till profit/losses move by amount equal to hhlovernhh displacement that you can change using:
1- default values
2- CWC, by clicking on info button (ignore word passive)
3- ECWC, by clicking on info button

default now is 75 USD or DDD
you can change it in default to 0 if you like
0 = there is ni displacement.

TP_TRIGGER in the picture is 14599.97
let us confirmed it:
original level is: 15374.97
TS_JUMP is 100 USD --- TS=100
hhloverhh is 75: then:
next trigger of TP is 15374.97-100-75 = 15199.97
in picture you see TP counter reach 4 triggers -- therefoe:
15199.97 - 6*100 = 14599.97

Dear Al-Otaibi,
i do really love your trading-timer system in the new version.
it is very easy to use and to understand.
i am impressed by the rotation period with start-time value > end-time value.

Ý tưởng của hệ thống giao dịch này là gì vậy ??
What is the meaning behind this system ??

Ok, that's a strategy statement and I will do a test of that strategy.

I will change my strategy to only Smart TP/SL (basket trading for all grid pairs and orders) - I will cancel any TP/SL by order (column TP and STPL with zeros or gray TP & SL) and I will not use the Pair TP (MIRA system) on the Exness account.

And on other accounts, I will configure without Smart TP/SL some possible combinations with Pair TP and TP by order.

Let's see what happens.

But regarding the EA functionality, it would be better for the sake of clarity, with the calculations implemented, to state that in order to use Smart TP/SL the user can't activate any other TP or SL system on the EA!

If you don't believe me just anyone can try to show me proof that it's possible to have a Smart TP triggered when Pair TP or order TP or both is active and closing orders in profit while trying to reach the Basket TP profit defined in the Smart TP/SL.

Dear Brother Mohammed, there is something strange that I stumbled upon while switching from terminal time to local time : 1st click from terminal time to local time and changing back to terminal time is no problem but when the 2nd click back to local time, expert was removed.

may you already activated V1 or V2

do ont forget when you set time 05:00 for example --- it is not GMT---it is not local--it is not terminal

it is your intention--all the time it will be 05:00 either 05:00GMT or 05:00Terminal or 05:00 local

alway it is 05:00
so it is your intention at the begnning

now if V1 at 05:00TERMINAL then you change to local it becomes 05:00local -- in first V1, BEFORE, but in the second after

your changing time mode(local/terminal), not time hour

set any time bar at TERMINAL TIME from 07: to 12:00 for example

then change to LOCAL
it will be also 07:00 to 12:00 but LOCAL

and that is the stongest thing here.
time is your main intention

what is your intention from the begnning??
is it based on local
or based on terminal

you only who can answer this