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Simple Trading Method with trader101

  • #101
  • Sep 21, 2008 8:27pm Sep 21, 2008 8:27pm
CloseAll Script attached...

If you have pairs that are NOT being traded by your script, you may not have them in your tradeable pairs list...

Open up your "Market Watch" pane. This is the one that shows all the pairs on the left, green or red, with their bid/ask prices. These are the pairs you can trade. Some might be hidden. If they are hidden, your script can't select them to trade them. To unhide everything, put your cursor in the Symbol column, and right click. In the list, click "Show All". This will add any hidden pairs to the list, and you are good to go. You can now close the pane, and run the script, you should be OK. Unless, of course, your broker does not offer CADJPY !! But once you hit show all, you will be able to confirm that your broker does, or does not, have all the pairs you need.
Attached File(s)
File Type: ex4 CloseAll.ex4   8 KB | 2,807 downloads
  • #102
  • Sep 21, 2008 8:55pm Sep 21, 2008 8:55pm
several of the scripts posted contain errors that will not allow them to work....

one has the wrong symbols for quite a few lines where market info is used, such as

//OrderSend("EURJPYm",OP_BUY, Lot, MarketInfo("EURUSDm",MODE_ASK)

//------------

the latest script post has typo which is causing an error,

OrderSend("NZDUSDm",OP_BUY, Lot, MarketInfo("NZUSDDm",MODE_ASK),

//-------------------

you could use the include "orderreliable" to help solve the occasional missing order... it should retry to send for the set number of attempts.....h


//--------------------such as

OrderSendReliable("GBPUSDm",OP_BUY, Lot, MarketInfo("GBPUSDm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
to trade and code, keep both simple... no call to impress....h
  • #103
  • Sep 21, 2008 8:56pm Sep 21, 2008 8:56pm
Thanks a lot MRKAm
  • #104
  • Sep 21, 2008 9:20pm Sep 21, 2008 9:20pm
Quoting trader101
Here is the script for IBFX m Accounts. Please remove any other scripts posted to avoid confusion. If your using IBFX Std accoung (no "m") removed all the "m" in the symbols save as a new filename and then compile. If you are using other platform you can use this or the earlier version of 14 pairs both are good. just make sure your broker have all the pairs.
I removed my other script as per your request but there is an error in the one you just posted. Fix attached.
changed
Inserted Code
MarketInfo("NZUSDDm",MODE_ASK)
to
Inserted Code
MarketInfo("NZDUSDm",MODE_ASK)
Attached File(s)
File Type: mq4 mIBFXHedge.mq4   2 KB | 1,710 downloads
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #105
  • Sep 21, 2008 9:20pm Sep 21, 2008 9:20pm
Trader101,

Thanks for sharing ur method!
I've been watching the TradeHedge "indicator" and have two questions about trading all 14 pairs at once:

1) If you're bullish and buying all 14 pairs, do you wait to enter until your ProfitCalc script shouts "Long" or do you prefer to wait until it says "Long (Strong)"?

2) When do you determine to exit those 14 orders?

Thanks
sideburn
  • #106
  • Sep 21, 2008 9:30pm Sep 21, 2008 9:30pm
Quoting hayseed
several of the scripts posted contain errors that will not allow them to work....

one has the wrong symbols for quite a few lines where market info is used, such as

//OrderSend("EURJPYm",OP_BUY, Lot, MarketInfo("EURUSDm",MODE_ASK)

//------------

the latest script post has typo which is causing an error,

OrderSend("NZDUSDm",OP_BUY, Lot, MarketInfo("NZUSDDm",MODE_ASK),

//-------------------

you could use the include "orderreliable" to help solve the occasional missing order... it should retry to send for the set number of attempts.....h


//--------------------such as

OrderSendReliable("GBPUSDm",OP_BUY, Lot, MarketInfo("GBPUSDm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
Don't see OrderSendReliable as a command? Please explain, but I did increase the Slippage to 6 just in case.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #107
  • Sep 21, 2008 9:46pm Sep 21, 2008 9:46pm
Quoting matrixebiz
Don't see OrderSendReliable as a command? Please explain, but I did increase the Slippage to 6 just in case.
You need to add it as an #include.

Lux
Attached File(s)
File Type: mqh OrderReliable.mqh   26 KB | 1,711 downloads
MT4 EA, Indicator and Alert Coder Since 2006
  • #108
  • Sep 21, 2008 9:56pm Sep 21, 2008 9:56pm
hey matrix..... orderreliable is an include..... once you have it saved in your includes folder, change all instances of the term OrderSend to OrderSendReliable.....

as the name suggests, it's mainly used to assure commands are excuted reliabily.....

//-----------------

noticed your post on the other thread about scripts and ea's..... if your thought is for this deal, rather than tie the script to the ea it would be better to just write a function.... then just call the function.....

to call once per bar, just code that..... to call once per bar at a particular time, code that.... put all into a single ea...... such as below......h

Inserted Code
 
 
#include <OrderReliable.mqh>
#property show_inputs
extern double Lot                     =   0.1;
extern int    presethour              =     0;  // set hour to open send orders
extern string comment                 = " 5 ";  // just comments for my testing
extern bool   OneEntryPerBar          =  true;
datetime      CheckTime;
//+------------------------------------------------------------------+
//| script program start function                                    |
//+------------------------------------------------------------------+
int start()
  {
 
 
     int hour = TimeHour(TimeCurrent());
 
 
     if(OneEntryPerBar)
     {
     if(CheckTime==iTime(NULL,0,0)) return(0); else CheckTime = iTime(NULL,0,0);
     }
 
     if(hour == presethour)
     {
     SendOrders();
     }
 
 
   return(0);
  }
//+------------------------------------------------------------------+
void SendOrders()
{
 
   OrderSendReliable("GBPUSDm",OP_BUY, Lot, MarketInfo("GBPUSDm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("EURGBPm",OP_BUY, Lot, MarketInfo("EURGBPm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("GBPJPYm",OP_BUY, Lot, MarketInfo("GBPJPYm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("USDCHFm",OP_BUY, Lot, MarketInfo("USDCHFm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("NZDUSDm",OP_BUY, Lot, MarketInfo("NZDUSDm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("AUDJPYm",OP_BUY, Lot, MarketInfo("AUDJPYm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("EURJPYm",OP_BUY, Lot, MarketInfo("EURJPYm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
 
   OrderSendReliable("EURUSDm",OP_SELL, Lot, MarketInfo("EURUSDm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("USDJPYm",OP_SELL, Lot, MarketInfo("USDJPYm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("AUDUSDm",OP_SELL, Lot, MarketInfo("AUDUSDm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("NZDJPYm",OP_SELL, Lot, MarketInfo("NZDJPYm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("GBPCHFm",OP_SELL, Lot, MarketInfo("GBPCHFm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("CHFJPYm",OP_SELL, Lot, MarketInfo("CHFJPYm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("EURCHFm",OP_SELL, Lot, MarketInfo("EURCHFm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
}
to trade and code, keep both simple... no call to impress....h
  • #109
  • Sep 21, 2008 10:53pm Sep 21, 2008 10:53pm
Quoting hayseed
hey matrix..... orderreliable is an include..... once you have it saved in your includes folder, change all instances of the term OrderSend to OrderSendReliable.....

as the name suggests, it's mainly used to assure commands are excuted reliabily.....

//-----------------

noticed your post on the other thread about scripts and ea's..... if your thought is for this deal, rather than tie the script to the ea it would be better to just write a function.... then just call the function.....

to call once per bar, just code that..... to call once per bar at a particular time, code that.... put all into a single ea...... such as below......h

Inserted Code
 
 
#include <OrderReliable.mqh>
#property show_inputs
extern double Lot                     =   0.1;
extern int    presethour              =     0;  // set hour to open send orders
extern string comment                 = " 5 ";  // just comments for my testing
extern bool   OneEntryPerBar          =  true;
datetime      CheckTime;
//+------------------------------------------------------------------+
//| script program start function                                    |
//+------------------------------------------------------------------+
int start()
  {
 
 
     int hour = TimeHour(TimeCurrent());
 
 
     if(OneEntryPerBar)
     {
     if(CheckTime==iTime(NULL,0,0)) return(0); else CheckTime = iTime(NULL,0,0);
     }
 
     if(hour == presethour)
     {
     SendOrders();
     }
 
 
   return(0);
  }
//+------------------------------------------------------------------+
void SendOrders()
{
 
   OrderSendReliable("GBPUSDm",OP_BUY, Lot, MarketInfo("GBPUSDm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("EURGBPm",OP_BUY, Lot, MarketInfo("EURGBPm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("GBPJPYm",OP_BUY, Lot, MarketInfo("GBPJPYm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("USDCHFm",OP_BUY, Lot, MarketInfo("USDCHFm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("NZDUSDm",OP_BUY, Lot, MarketInfo("NZDUSDm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("AUDJPYm",OP_BUY, Lot, MarketInfo("AUDJPYm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("EURJPYm",OP_BUY, Lot, MarketInfo("EURJPYm",MODE_ASK), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
 
   OrderSendReliable("EURUSDm",OP_SELL, Lot, MarketInfo("EURUSDm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("USDJPYm",OP_SELL, Lot, MarketInfo("USDJPYm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("AUDUSDm",OP_SELL, Lot, MarketInfo("AUDUSDm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("NZDJPYm",OP_SELL, Lot, MarketInfo("NZDJPYm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("GBPCHFm",OP_SELL, Lot, MarketInfo("GBPCHFm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("CHFJPYm",OP_SELL, Lot, MarketInfo("CHFJPYm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
   OrderSendReliable("EURCHFm",OP_SELL, Lot, MarketInfo("EURCHFm",MODE_BID), 2, NULL, NULL, comment, 0, 0, CLR_NONE);
}
OK, thanks. Can I use your script code above in an EA?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #110
  • Sep 21, 2008 11:10pm Sep 21, 2008 11:10pm
How did you find out what currencies were hedging each other like you did?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #111
  • Sep 21, 2008 11:20pm Sep 21, 2008 11:20pm
after re reading i found how wrong my first interpretation was, i have advised members on my kantorfx thread to investigate your method further to use this as also a trend predicition strategy, wiThout fully understanding using a demo account principle of my first reading, im sUre this has great potental to use your wonderful work for increasing our trades profits

im now aware how this works and the concept is very sound using this as a great idea FOR REALLY IDENTIFYING TREND DIRECTION

thank you so much once again im sorry please disregard my prior post as i was totaly confused with your method now i undestand fully how this works

im total behind your reserch,
congradulations
from BRIAN
  • #112
  • Sep 22, 2008 12:32am Sep 22, 2008 12:32am
The set up is buy orders and sell orders in the oder you mentioned. watch price movement. you mention when a pair moves up a slot. does this mean the pair moves up or dwn from the oder entered.anyway i like your confidence and logic . what do you mean when the buy all go to the the top . im guessing your broker changes the order of the pairs from entry and from price movement moves pairs. you mention when sell orders bottom . these two things are ideal . im sorry ideal for what please. i want to ty for your efforts . as a person who has n=been trying to profit for the past 1 yr or so and trying to do it alone im dwn . different reasons but not have a plan and following has been my dwn fall. hence im here. i currenty trade with oanda but im looking at crown ( they offer 1 pip spreads on majors) im not sure they ahve the pairs though at least not on the demo. so price movement is the pairs move one way while the sells move another but when some thing out the ordenary happens like a cpl sell orders not follwling suit with the other sells . this is a entry to do something this is where im lost. im also would like a exit strategy. do u use trailing stops. ty trader 101 and happy prosperious trading to us all, Matt
  • #113
  • Edited 4:09am Sep 22, 2008 3:58am | Edited 4:09am
Quoting brijon
after re reading i found how wrong my first interpretation was, i have advised members on my kantorfx thread to investigate your method further to use this as also a trend predicition strategy, wiThout fully understanding using a demo account principle of my first reading, im sUre this has great potental to use your wonderful work for increasing our trades profits

im now aware how this works and the concept is very sound using this as a great idea FOR REALLY IDENTIFYING TREND DIRECTION

thank you so much once again im sorry please disregard my prior post as i was totaly confused with your method now i undestand fully how this works

im total behind your reserch,
congradulations
from BRIAN
Thank your for your Vote of Confidence, i am happy that you read all posts in the thread and fully understand the concept of this. I would greatly suggest to all the rest to at least read this thread from the beginning before it become to long and intimidating to read and refrain from asking questions the answer of which is just 2 posts earlier. I will not answer questions whose answer can be found a few post earlier.
T101
  • #114
  • Sep 22, 2008 4:02am Sep 22, 2008 4:02am
I am already trading 14 Long straight.
IBFX 0.1 lot trades already $375 profit

FXpro 0.4 lot trades starting to become positive.
This trade is protectd by sheding 0.1 lot everytime it reaches a profit of $1620. and locking half of the remaining profit.

Im going back to sleep now. See you in the morning
T101
  • #115
  • Sep 22, 2008 4:35am Sep 22, 2008 4:35am
Quoting trader101
I am already trading 14 Long straight.
IBFX 0.1 lot trades already $375 profit

FXpro 0.4 lot trades starting to become positive.
This trade is protectd by sheding 0.1 lot everytime it reaches a profit of $1620. and locking half of the remaining profit.

Im going back to sleep now. See you in the morning
T101
On a straight long/short trade how is stoploss determined, as in what is the point in the trade where we go, okay this trade isn't going to pan out it is time to take a loss?
  • #116
  • Sep 22, 2008 5:10am Sep 22, 2008 5:10am
Quoting Verto
On a straight long/short trade how is stoploss determined, as in what is the point in the trade where we go, okay this trade isn't going to pan out it is time to take a loss?
Hello..
You know i never thought of that LOL ... but my Protect EA is set at $-560 for a 0.1 lot trading or an equivalent of roughly 40 pips x 14 pairs = -560. So if this 10% of your equity ( at high risk) you should have 5,000 (min) in your account for this endeavor. Hope i answer your questions.
T101
  • #117
  • Sep 22, 2008 5:13am Sep 22, 2008 5:13am
My IBFX trade was stopped at $310.00 profit. And i just reopen one again
  • #118
  • Sep 22, 2008 5:13am Sep 22, 2008 5:13am
Quoting trader101
Hello..
You know i never thought of that LOL ... but my Protect EA is set at $-560 for a 0.1 lot trading or an equivalent of roughly 40 pips x 14 pairs = -560. So if this 10% of your equity ( at high risk) you should have 5,000 (min) in your account for this endeavor. Hope i answer your questions.
T101
I see, so we have about -560 pips as about the general all around stop less?
  • #119
  • Sep 22, 2008 5:15am Sep 22, 2008 5:15am
Quoting trader101
My IBFX trade was stopped at $310.00 profit. And i just reopen one again
I just want to make sure that I have this all right... we get a signal to go for a long straight because G/U(BUY) has moved to the number 1 position and E/U(sell) has moved to the last position, correct?
  • #120
  • Sep 22, 2008 5:29am Sep 22, 2008 5:29am
Quoting Verto
I just want to make sure that I have this all right... we get a signal to go for a long straight because G/U(BUY) has moved to the number 1 position and E/U(sell) has moved to the last position, correct?
Yes..
We are talking the IBFX for clarification.
The indicator recommended a Long TRADE the Buys are occupying to top postion and obviously the rest of them are struggling to go up while the Sell are struggling to get down. The movement is obviously is going up.
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