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Need help with coding EA to work with ECN/STP broker...

  • #21
  • May 19, 2011 8:32am May 19, 2011 8:32am
Hi Hanover and Xaphod:

Just a note to let you know that the EA now works, and after a playing around with the settings/trendline features a little, I finally got it to place a trade.

Very happy here...

This EA is from the "Semi-Automatic Driven EA" thread in the Trading Strategies section - most of the thread is from 2009. I'm looking forward to further demo testing to see if this can work on a live account without blowing it up.

Much appreciated, Hanover, for knowing where to put Xaphod's code! And thanks, Xaphod, for the initial code!

Many thanks,
Raindrops
  • #22
  • May 19, 2011 12:07pm May 19, 2011 12:07pm
Quoting Raindrops
Hi Hanover and Xaphod:

Just a note to let you know that the EA now works, and after a playing around with the settings/trendline features a little, I finally got it to place a trade.

Very happy here...

This EA is from the "Semi-Automatic Driven EA" thread in the Trading Strategies section - most of the thread is from 2009....
Raindrops,

Glad to hear that it works. Hope it manages to bring you some pips.

David
  • #23
  • May 22, 2011 7:56pm May 22, 2011 7:56pm
Quoting hanover
Ken,

I've attempted to include the 4/5 digit modification for you. I have absolutely no idea as to what the EA does, or how it does it, hence what I've done amounts to nothing more than some (hopefully educated) guesswork. I've simply replaced every occurrence of 'Point' with a variable that's been suitably adjusted, depending on the value of 'Digits'.

Although the attached EA has its original name, it includes the ECN-br0ker fixes made by Xaphod. That way, if my code changes don't work, you can simply revert to Xaphod's version (hedge Lot...
Hi David,

The EA is working fine. Can you please do me another favour by changing the present increment to new sequence of 1,3,5,7,9......
I have tried but it didn't work. Not sure where had gone wrong.

Thanking in advance.
  • #24
  • May 23, 2011 12:29am May 23, 2011 12:29am
Quoting Penangmari
Hi David,

The EA is working fine. Can you please do me another favour by changing the present increment to new sequence of 1,3,5,7,9......
I have tried but it didn't work. Not sure where had gone wrong.

Thanking in advance.
Ken,

Try the attached. All I've done is changed line #109 that reads

llots = MaxLots*2;

to

llots = MaxLots+2*Lots;


I think that will do what you are asking, but not having written the original code myself, I can't be 100% sure.

I haven't tested it - you will need to do that yourself, and at your own risk.

In my view this is a very dangerous EA. Increasing lot size following losses is a Martingale variant. If a system has a real edge, then it will make money over time, by simply using consistent position sizes. If not, then no MM can ever make it long-term profitable. Martingale will merely increase the risk of sudden ruin without improving overall expectancy. That is a mathematical truism with all gambling systems, including forex.

Note to everybody:
By downloading and using this EA, you agree to indemnify me and hold me harmless and promise to keep me indemnified against any loss, claim, action, settlement, award, judgment, expense or damage of whatsoever kind or nature and howsoever arising that I might suffer as a result of any inaccuracy of the software and/or the materials including any authorized or unauthorized use of the software and/or the materials by you. You further agree to indemnify and hold me harmless for any trading losses, both realized and floating, incurred by you.

David
Attached File(s)
File Type: mq4 hedge Lot EA.mq4   11 KB | 410 downloads
  • #25
  • May 23, 2011 2:51am May 23, 2011 2:51am
Quoting hanover
Ken,

Try the attached. All I've done is changed line #109 that reads

llots = MaxLots*2;

to

llots = MaxLots+2*Lots;

I think that will do what you are asking, but not having written the original code myself, I can't be 100% sure.

I haven't tested it - you will need to do that yourself, and at your own risk.

In my view this is a very dangerous EA. Increasing lot size following losses is a Martingale variant. If a system has a real edge, then it will make money over time, by simply using...
Hi David,

Really appreaciate your kind respond.The setting is working.
This is indeed a very risky martingale strategy. I will take your advise and try it on demo only.

Thank you and Best Regards
God Bless!
Ken
  • #26
  • Jul 20, 2011 10:10am Jul 20, 2011 10:10am
Quoting Xaphod
Here you go. I have not tested it. You will have to test it out yourself:
Hello Xaphod!

Would you be so kind to help me too by coding my EA for ECN brokers?
I allready named it with 'ECN'

Thank you Sir coder! and all others that can fix this EA!
Attached File(s)
File Type: mq4 Pipsmania1.0 ECN.mq4   10 KB | 432 downloads
  • #27
  • Nov 5, 2011 7:33am Nov 5, 2011 7:33am
I am new to MQL programming . Please help me .

I am trying to have a stop loss with an Market orders . What is the best way to acheive this. I tried with ordersend but it turned
out that ECN brokers does not support stop loss with market orders.

I search and only info i found is that we need to first have a pending order and then modify that order .
I tried this and the problem is in many cases the pending order is already executed before the modify order so the ordermodify fails

Here is the order sell for Market order :

STicket = OrderSend(Symbol(),OP_SELL,LotSize,Bid,0,0,0,null, MagicNumber,0,red);


Here is the order modify :


OrderSelect(STicket, SELECT_BY_TICKET);
OpenPrice = OrderOpenPrice();

{ double SellStopLoss = OpenPrice - (StopLoss * UsePoint);
bool TicketMod1 = OrderModify(SellTicket ,OrderOpenPrice() , SellStopLoss , 0,0);
}


This stop method works sometimes and sometimes marker order is already executed so ordermodify fails.


Please help me acheive stoploss order for ECN brokers !!!!
  • #28
  • Nov 6, 2011 2:25am Nov 6, 2011 2:25am
Hi winston99,
what is UsePoint? Are you sure that sellStopLoss is more than OrderOpenPrice ( when usePoint is less than 0)? What error do you get when you modify or send order?
  • #29
  • Nov 6, 2011 7:43pm Nov 6, 2011 7:43pm
Quoting Luktom
Hi winston99,
what is UsePoint? Are you sure that sellStopLoss is more than OrderOpenPrice ( when usePoint is less than 0)? What error do you get when you modify or send order?
thanks for pointing that out. I have fixed the code .

it should be working fine now as problem was in the sell orders only and buy order was working fine.

OpenPrice - (StopLoss * UsePoint);

should have been

OpenPrice + (StopLoss * UsePoint);
  • #30
  • Jul 25, 2013 10:59am Jul 25, 2013 10:59am
Quoting Xaphod
{quote} ECN adaptation fixed. The 4/5 digit stuff is more complicated to do. I have not tested it. You will have to test it out yourself: {file}

Hi Gents,
Can anybody please help to add code of OCO and Sleep for this EA.
I need to stop the EA for a certain period when it hit TP/SL.
Many thanks and best Regards.
  • #31
  • Jun 2, 2017 5:14am Jun 2, 2017 5:14am
Hi All Programmers


Hope you fine there. Could you please help me removing time filter on this EA/make it false and make the Multiplier Factor Adjustable.


PLEASE GUYS


Thanks a lot
Attached File(s)
File Type: mq4 EA.mq4   8 KB | 301 downloads
  • #32
  • Last Post: Jul 11, 2022 11:42pm Jul 11, 2022 11:42pm
hi
i write an ea it is work(send orders) on most brokers with different account.

in superforex broker ea can send order in ecn server and every thing is fine
buy in real server (stp server) orders can not placed
superforex has two servers ecn and real

how can i fix my ea?
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