trailing stop EA help | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Looking for Trailing Stop EA like default MT4 trailing stop 7 replies

Trailing stop after up some pips and question trailing step 3 replies

Trailing step and trailing stop optimization 0 replies

Buy Stop and Sell Stop orders with OCO and Trailing Stop 0 replies

To Trailing Stop or Not To Trailing Stop.... 36 replies

Attachments: trailing stop EA help
Exit Attachments

trailing stop EA help

  • #21
  • Nov 11, 2007 9:06pm Nov 11, 2007 9:06pm
hey chandra, I have not tested the EA as yet with not closing the laptop lid. I thought that my power settings were messed up due to the closing of the lid but it seems not to be the case as my hard drives are set to never turn off as well. Also, I have the close lid option set to "do nothing" so I don't know if closing the lid was affecting this EA at all. Does closing the lid modify anything else that I am not aware of? I am going to test out the EA tonight and not close the lid.

thanks again for your help.
  • #22
  • Nov 11, 2007 11:30pm Nov 11, 2007 11:30pm
Quoting vyder
hey chandra, I have not tested the EA as yet with not closing the laptop lid. I thought that my power settings were messed up due to the closing of the lid but it seems not to be the case as my hard drives are set to never turn off as well. Also, I have the close lid option set to "do nothing" so I don't know if closing the lid was affecting this EA at all. Does closing the lid modify anything else that I am not aware of? I am going to test out the EA tonight and not close the lid.

thanks again for your help.
Hi vyder,

If close lid option is set to "do nothing" then closing should not be the problem. So, it is possibly the EA has problem (or rarely some other indicators messing, as someone reported about one of my indicators; until then I did not believe it though). I will see about simplifying the code to bare bone necessities.

chandra
  • #23
  • Nov 12, 2007 8:36am Nov 12, 2007 8:36am
hey chandra, I was just curious about something. I had the EA running and then I turned on a browser to look at some stuff. When I returned to the EA, the EA updated the information. Do other programs interfere with the EA? Does MT4 have to be the highlighted progam? I usually browse etc. while trades are going on. not sure if this is affecting my trades.
  • #24
  • Nov 12, 2007 9:55am Nov 12, 2007 9:55am
Quoting vyder
hey chandra, I was just curious about something. I had the EA running and then I turned on a browser to look at some stuff. When I returned to the EA, the EA updated the information. Do other programs interfere with the EA? Does MT4 have to be the highlighted progam? I usually browse etc. while trades are going on. not sure if this is affecting my trades.
Hi vyder,

Other programs do not interfere with EAs. I run many other programs (always have netscape, sometimes add explorer also. Generally have two MT4 open as well). Run many other programs and do many things. Nothing interferes with MT4. Mostly I don't keep the MT4 windows as the highlighted window. So, that is not the reason for the problem.

chandra
  • #25
  • Nov 20, 2007 7:35pm Nov 20, 2007 7:35pm
this EA is causing me serious stress LOL. It is still not working, I will try your updated version. Should I try stripping the chart of all indicators? I have a vegas indicator on there and not sure if something is interfering with the EA. Chandra, can you post your settings for me to see?

I have tried leaving the laptop lid open..still not working . I also have anti-virus software on my computer, would that stop it from doing its work? at my wits end with this EA.

thanks.
  • #26
  • Nov 20, 2007 9:11pm Nov 20, 2007 9:11pm
Quoting vyder
this EA is causing me serious stress LOL. It is still not working, I will try your updated version. Should I try stripping the chart of all indicators? I have a vegas indicator on there and not sure if something is interfering with the EA. Chandra, can you post your settings for me to see?

I have tried leaving the laptop lid open..still not working . I also have anti-virus software on my computer, would that stop it from doing its work? at my wits end with this EA.

thanks.
Hi vyder,

I have virus protection and many other things running. Nothing interferes. This weekend I did not have time to work on this. Please wait until next week. I will work on simplifying the current one to a much smaller version where it should work or would be easy to troubleshoot.

chandra
  • #27
  • Nov 21, 2007 7:26pm Nov 21, 2007 7:26pm
ok thanks! i will try reducing clutter in my charts to see if that helps. take care.
  • #28
  • Nov 21, 2007 9:02pm Nov 21, 2007 9:02pm
Quoting vyder
ok thanks! i will try reducing clutter in my charts to see if that helps. take care.
Hi vyder,

If you have time, you can try a new MT4 installation just to test this EA. As I mentioned earlier, it solved some indicator problem.

I tried to simplify the EA to the bare minimum. Here is the simplified EA. Only the default parameter options are kept and other lines have been deleted. I am not sure if it works. Please check if it works at least as good/bad as the eariler full version. Then I will try to troubleshoot using this smaller file (just about one-third the original size, with only 75 lines and just about 40 lines are the important ones).

Regards,
chandra
Attached File(s)
File Type: mq4 TrailingStop2.mq4   3 KB | 588 downloads
  • #29
  • Nov 22, 2007 12:25am Nov 22, 2007 12:25am
wow thanks for all the help!! I just noticed something and wondered if you can confirm something for me. The way I have metatrader setup is that I have a separate profile for each currency. Do you think that having separate profiles causes the EA not to work? Do you have separate profiles for you currencies?

thanks.
  • #30
  • Nov 22, 2007 12:31am Nov 22, 2007 12:31am
Quoting vyder
wow thanks for all the help!! I just noticed something and wondered if you can confirm something for me. The way I have metatrader setup is that I have a separate profile for each currency. Do you think that having separate profiles causes the EA not to work? Do you have separate profiles for you currencies?

thanks.
Hi vyder,

I think that should not be a problem. I have 10 pairs open in one MT4 and another 7 in another MT4 (some are same pair in different timeframe). Only some have same profile (totally about 7 different profiles in the first MT4 itself). Let us see how the slim EA does.

chandra
  • #31
  • Nov 22, 2007 6:56am Nov 22, 2007 6:56am
ok thanks! by the way, I just tried letting the EA run on a profile that I have a trade on and it worked!!! first time it that it seemed to work overnight!!

i will try the slimmer ea version and see what happens. the thing that bothers me is I shouldn't have to use a slimmer EA since you use the original EA and nothing happens to you. I will try it nonetheless but I am quite happy that I might have made a small discovery with my trade.

I have about 16 different profiles each with a min. of 5 charts each. not sure if the program is too bogged down.

take care, will let you know how this works.
  • #32
  • Nov 22, 2007 10:19am Nov 22, 2007 10:19am
Chandra,

as the original code is not using any MagicNumber, how is it going to differentiate between multiple open positions? Could the opening of an additional position cause the halting of this code for the first position?

bye
Ohka
  • #33
  • Nov 22, 2007 11:14am Nov 22, 2007 11:14am
Quoting vyder
ok thanks! by the way, I just tried letting the EA run on a profile that I have a trade on and it worked!!! first time it that it seemed to work overnight!!

i will try the slimmer ea version and see what happens. the thing that bothers me is I shouldn't have to use a slimmer EA since you use the original EA and nothing happens to you. I will try it nonetheless but I am quite happy that I might have made a small discovery with my trade.

I have about 16 different profiles each with a min. of 5 charts each. not sure if the program is too bogged down.

take care, will let you know how this works.
Hi vyder,

It is possible that the MT4 has some problems. May be you can run the EA on the simplest profile chart. I thought having 10 charts with as much as 10 indicators in each was complicated enough (I don't have more than one chart in any profile). But looks like you are using more than that.

I have not tried running this EA at all. Since I do not make any manual trades in my MT4, I cannot check it. I use my MT4 only for program developing and testing (indicators and run some EAs which all have order managment built in). If the slimmer code has problem, it will be easy to check the much fewer lines and once I track down the problem, it can be fixed in the original version.

chandra
  • #34
  • Nov 22, 2007 11:17am Nov 22, 2007 11:17am
Quoting Ohka
Chandra,

as the original code is not using any MagicNumber, how is it going to differentiate between multiple open positions? Could the opening of an additional position cause the halting of this code for the first position?

bye
Ohka
Hi Ohka,

The code does not use magic number and I think it was a remake of old MT3 code with no improvement (just barely made to work in MT4). It is used to manage manually placed trades and so MagicNumber cannot be used (though OrderComment could have been used). It just checks the orders by Symbol. Earlier there was a mistake and it was checking only one trade. I corrected it so that it will check all orders and work on all orders from that chart symbol.

Regards,
chandra
  • #35
  • Nov 22, 2007 6:22pm Nov 22, 2007 6:22pm
Hi

This may or may not be your problem, but I was experiencing similar issues, and after much testing and config, I noticed that one of my computers had issues and the other didn't. In the end I noticed that my history folder on the problem computer was getting large 500+mb, I deleted all the data in the history folder and restarted and then my EA ran with very little cpu usage and had no errors for three straight weeks. Just a thought

dd
  • #36
  • Nov 23, 2007 12:12am Nov 23, 2007 12:12am
thanks for the responses guys. will test these things out.
  • #37
  • Nov 28, 2007 5:26am Nov 28, 2007 5:26am
Hi,

I hope it isn't to late to jump in on this thread but can this expert be developed to accomodate 3 stepping stops rather than one trailing stop. At the moment it all comes down to how big your SL risk appetite is.

I'm looking for something that starts with smaller risk, with bigger risk the more in profit (pips) I am.

When a profit of 8 pips is reached I'd like breakeven + 1 to be set as stoploss (which is poss with this EA, TS=8, Trail=1)

but then

at + 20 do breakeven + 5

+ 30 do BE + 15

trail by 15 thereon.

I looked at Stockwets EA which is very good but relies on 3 lots being opened, partially closing each one. I can't put enough money on the table to start with though to partially close, the main risk being if the position goes against me from the start I'm 3 lots down.

At the moment I want to close positions in full when price drops away.

I keep getting caught out and I'd rather a tiny profit than none at all, or worse when it swings big losses.

Thanks, good work so far achandrasekaran
  • #38
  • Nov 28, 2007 7:26am Nov 28, 2007 7:26am
Quoting pgtips
Hi,
I looked at Stockwets EA which is very good but relies on 3 lots being opened, partially closing each one. I can't put enough money on the table to start with though to partially close, the main risk being if the position goes against me from the start I'm 3 lots down.
Can't you just use that stop and open 3 mini-lots instead of full lots?

Ohka
  • #39
  • Nov 29, 2007 2:52am Nov 29, 2007 2:52am
I considered this carefully but this isn't my trading approach at the moment

I'll start a new thread might be easier.

cheers
  • #40
  • Jul 29, 2008 7:38pm Jul 29, 2008 7:38pm
subscribes
0 traders viewing now