EA for Pending Orders Set at Specific Time | Forex Factory

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EA for pending order on specific time 3 replies

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EA for Pending Orders Set at Specific Time

  • #1
  • First Post: Apr 30, 2021 4:34pm Apr 30, 2021 4:34pm
Could someone recommend the following?

EA that will
- set pending BUY and SELL orders at selected time of the day +30 pips higher\lower then current price
- set SLP and TP for each order
- delete the second order when one is triggered

I know there are several out there, but most of them that I tried did not work, and some are too complicated. If you know of a simple one that meets above requirements, please kindly let me know.

Thank you.
Just an opinion. Based on research
  • #2
  • May 5, 2021 10:21am May 5, 2021 10:21am
Hy , i coded a simple expert who does what you want, but only with LIMIT orders.Back tested runs perfectly.It only executes once so to use it again you need to set the new date etc...
Attached Image (click to enlarge)
Click to Enlarge Name: Expert1.PNG Size: 36 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Expert test.PNG Size: 74 KB
Attached File(s)
File Type: ex4 OCOTimedEntryBothSides.ex4   12 KB | 1,879 downloads
Attached File(s)
File Type: mq4 OCOTimedEntryBothSides.mq4   5 KB | 2,321 downloads
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #3
  • May 8, 2021 8:39am May 8, 2021 8:39am
Hello,
Can you add trailing stop in the settings?
  • #4
  • May 9, 2021 3:30am May 9, 2021 3:30am
Quoting ginev49abv
Hello, Can you add trailing stop in the settings?
Just done, added also the possibility to not cancel the pending order and to decide to have a bigger distance for the TrailingStop ,to allow the initial StopLoss until the market start to move in your direction.This give better range control.Both Sell and Buy TrailingStops are triggered by the Bid movement not by the Ask since the Ask is easily manipulated in the News going away from the Bid even 100 pips on pairs like EURNZD etc...Backtested and running OK.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 104 KB
Attached File(s)
File Type: mq4 OCOTimedEntryBothSides.mq4   6 KB | 1,515 downloads
Attached File(s)
File Type: ex4 OCOTimedEntryBothSides.ex4   14 KB | 1,162 downloads
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #5
  • Edited 6:50am May 10, 2021 2:48am | Edited 6:50am
Hi,
When I change delete pending order to false, there is constantly error message and the program is not working any more.
Can you change the pending orders from buy and sit limit to buy and sit stop.
Attached Image
  • #6
  • May 10, 2021 11:25am May 10, 2021 11:25am
Quoting ginev49abv
Hi, When I change delete pending order to false, there is constantly error message and the program is not working any more. Can you change the pending orders from buy and sit limit to buy and sit stop. {image}
Try this one too - EA for pending orders
https://www.forexfactory.com/thread/...7#post13344607
Practice makes a person perfect
  • #7
  • May 10, 2021 11:34am May 10, 2021 11:34am
Quoting ginev49abv
Hi, When I change delete pending order to false, there is constantly error message and the program is not working any more. Can you change the pending orders from buy and sit limit to buy and sit stop. {image}
Tell me the exact error.Make a screen shot.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #8
  • Edited May 11, 2021 6:55am May 10, 2021 1:20pm | Edited May 11, 2021 6:55am
Сега не правете грешка, ако можете да промените лимитните поръчки със стоп поръчки.
Once you place the orders, in order to place the next ones, you have to remove it from the schedule and set it to a new one - can't that change?
  • #9
  • May 19, 2021 8:50am May 19, 2021 8:50am
Since some brokers do not take stop orders(it's my case too) i will come with a new version soon, who uses only timed market orders, simulating Limit and Stop orders and auto activating every day at the same hour.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #10
  • May 19, 2021 10:12am May 19, 2021 10:12am
Thank you, I will be waiting for her.
  • #11
  • Edited May 20, 2021 12:31am May 19, 2021 5:02pm | Edited May 20, 2021 12:31am
Quoting ginev49abv
Thank you, I will be waiting for her.
Quoting Pipa1
Since some brokers do not take stop orders(it's my case too) i will come with a new version soon, who uses only timed market orders, simulating Limit and Stop orders and auto activating every day at the same hour.

ok...what we have here , tested and run perfectly.
It executes market orders with SL and TP just like pending Stop and Limit orders.
The expert can buy a Stop or can buy a Limit order as selected in OrderTypeToExecute.
At OrderEntryToExecute can be selected
1. Only Long trades
2. Only Short trades
3.Long and Short trades
It works like this.Every day at settled hour and minute the expert will memorize the Bid with the name of POC (point of control) and will launch trades Limit or Stop orders based on settings ,when the price go bellow/above the POC +- EntryDistance.All the orders have TP and SL settled in the Send order.
If at given time to memorize the POC exist orders who didn't hit TP SL from previous day the expert won't do nothing.
The EntryTolerance is used to not allow an order to be executed too far away from POC + EntryDistance.

Before using it on live , can be fully backtested on MT4 backtester.I tested it and executes perfectly.To be used on 1 minute chart.

PS.If a order is active and the expert will be reinitialized won't do nothing since it recognize the already existing order magic number.
Can exist ONLY 1 buy and 1 sell at the same time.I will add the option to check the spread before execution.
Ask and i will respond.Good luck.
Attached File(s)
File Type: ex4 TimedExecution_v1.ex4   18 KB | 1,188 downloads
Attached File(s)
File Type: mq4 TimedExecution_v1.mq4   9 KB | 1,488 downloads
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 102 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Limit order.png Size: 62 KB
Attached Image (click to enlarge)
Click to Enlarge Name: tt.PNG Size: 37 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screen.PNG Size: 49 KB
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #12
  • May 20, 2021 1:31pm May 20, 2021 1:31pm
Hi Pippa1, I started testing the robot and noticed that after placing the lines at a distance of 1 minute they move with the price. Can you change it not to move after placement, because I will use it for the indexes, and they make a very strong movement when the market opens.
  • #13
  • May 24, 2021 6:36am May 24, 2021 6:36am
Quoting ginev49abv
Hi Pippa1, I started testing the robot and noticed that after placing the lines at a distance of 1 minute they move with the price. Can you change it not to move after placement, because I will use it for the indexes, and they make a very strong movement when the market opens.
They move with the price till the minute ends...i'll modify it, till than place the robot a minute before to correct the problem.The lines become stable at the end of the minute.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #14
  • Edited 7:18am May 24, 2021 6:45am | Edited 7:18am
Quoting ginev49abv
Hi Pippa1, I started testing the robot and noticed that after placing the lines at a distance of 1 minute they move with the price. Can you change it not to move after placement, because I will use it for the indexes, and they make a very strong movement when the market opens.
I added a control who ensures single execution at the start of the minute only.Didn't tested it but should be fine...in your case ,you maybe want instant execution, for example pushing a key of the keyboard.Let me know.... .This expert is pretty basic but has the functionality to allow the trader to create a simple but working strategyWhen i was testing it , i have modified it to launch orders every 4 hours with great results.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 30 KB
Attached File(s)
File Type: mq4 TimedExecution_v1.mq4   10 KB | 1,451 downloads
Attached File(s)
File Type: ex4 TimedExecution_v1.ex4   17 KB | 1,065 downloads
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #15
  • May 25, 2021 7:44am May 25, 2021 7:44am
Thanks, that's exactly what I need.
  • #16
  • May 25, 2021 10:07am May 25, 2021 10:07am
Quoting ginev49abv
Thanks, that's exactly what I need.
You need instant execution to be added as option ?
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #17
  • May 29, 2021 5:43am May 29, 2021 5:43am
If you don't mind, add immediate execution as an option.
  • #18
  • Jun 10, 2021 6:21am Jun 10, 2021 6:21am
Hi,

I tried your TimedExecution_v1 EA and it was working great.
I would like to ask you if it's possible to adjust it's order type to OCO?

I tried your other EAs, but OCOTimedEntryBothSides was plotting the 2nd orders after an hour and the trailing added OCO EA was trying to start trailing right after the EA is set on the chart before buy/sell orders setting time.

I tried to edit the code myself, but I don't have coding knowledge and if you don't mind to take a look of EAs and adjust TimedExecution_v1 EA（of which, I think trailing is working fine） to OCO, then it would be very applicated.

Thanks for sharing these ideal EAs.
  • #19
  • Jun 10, 2021 8:39am Jun 10, 2021 8:39am
And I have one suggestion for the way of trailing.

https://www.forexfactory.com/attachm...5&d=1252881577

I haven't tried this EA, but I would like to show this EA as sample.
I can see there are 2 steps of trailing and this idea sounds good since first trailing has to absorb the stop loss length.

I think if all these combined, it would be the greatest EA on the market.

Best,
  • #20
  • Jun 11, 2021 2:33pm Jun 11, 2021 2:33pm
Quoting Pipa1
{quote} i have modified it to launch orders every 4 hours with great results.

Some settings showing very good results in US30. pls share the EA to launch at every X hours / minutes as you mentioned.
Attached Image (click to enlarge)
Click to Enlarge Name: 95a39c7074b574f7957e2714586454cf.png Size: 32 KB
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