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Please note: there will be no more development here. MPTM development continues in my own forum. The link is http://www.stevehopwoodforex.com/php...php?p=516#p516
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Most people know what MPTM does, so I have edited this first post to make it easier to read. Explore the zip files to see if there is anything of use to you.
For those of you who do not know what mtpm is: I have written/am writing a multi-purpose trade managing EA. At heart, this is about manipulating stop losses and take profits of trades already open. The only way to get a feel for what the ea does is to read the user guide and try the ea on demo, using what you glean from the guide.
I posted the first version of mptm back in the summer of 2008. Since then, it has grown and grown. I hope you find it useful.
Disclaimer
I coded a lot of functions into the ea in response to requests from users to do so. I have not used many of them and have forgotten how they work or what they do. Do not bother asking me questions such as, "What do I do to......", or, "How do I....." The chances are that I do not know the answer. In any case, I shall ignore the question. Read the user guide and experiment on demo to find a solution. Feel free to ask questions of other traders here. Someone might know the answer and be prepared to supply an answer; just don't expect one from me.
Don't waste time sending me private pm's either; I shall ignore them.
This last bit appears to cause some posters some difficulty in understanding, so I repeat it, a tiny tad more bluntly:
ANYONE STUPID ENOUGH TO PM ME WITH A PROBLEM THEY ARE TOO LAZY, DIM OR BOTH TO RESOLVE FOR THEMSELVES EARN THEMSELVES IN INSTANT, IRREVOCABLE ADDITION TO MY 'IGNORE' LIST. THIS MEANS THEY CANNOT CONTACT ME IN ANY WAY, OR POST THEIR IDIOTIC RAMBLINGS IN ANY OF MY THREADS.
I trust I have go my point across.
_____________________________________________________________________________________
Whenever using an ea, script or indicator, it helps enormously if we traders can customise the inputs to suit ourselves. "How to edit a script code" describes how to do this; the lessons learned are equally applicable to any mt4 software. Read the pdf and learn how to make these basic edits for yourselves; it is both useful and fun to be able to do so.
Updates:
1st Nov 2010
A fantastic contribution by gspe makes it possible for mptm to act as an 'always-on' ea that does not have to wait for the chart it is loaded on to receive a tick.
Details in the user guide, but the inputs are at the top of the inputs list and should be pretty obvious. The default makes mptm check the position once a second.
Great contribution, gspe.
24th Feb 2011
Added the ability to close the global position by pips profit count.
4th August 2011
Added a candlestick closing stop to the trailing stop function:
Please note: there will be no more development here. MPTM development continues in my own forum. The link is http://www.stevehopwoodforex.com/php...php?p=516#p516
////////////////////////////////////////////////////////////////////////
Most people know what MPTM does, so I have edited this first post to make it easier to read. Explore the zip files to see if there is anything of use to you.
For those of you who do not know what mtpm is: I have written/am writing a multi-purpose trade managing EA. At heart, this is about manipulating stop losses and take profits of trades already open. The only way to get a feel for what the ea does is to read the user guide and try the ea on demo, using what you glean from the guide.
I posted the first version of mptm back in the summer of 2008. Since then, it has grown and grown. I hope you find it useful.
Disclaimer
I coded a lot of functions into the ea in response to requests from users to do so. I have not used many of them and have forgotten how they work or what they do. Do not bother asking me questions such as, "What do I do to......", or, "How do I....." The chances are that I do not know the answer. In any case, I shall ignore the question. Read the user guide and experiment on demo to find a solution. Feel free to ask questions of other traders here. Someone might know the answer and be prepared to supply an answer; just don't expect one from me.
Don't waste time sending me private pm's either; I shall ignore them.This last bit appears to cause some posters some difficulty in understanding, so I repeat it, a tiny tad more bluntly:
ANYONE STUPID ENOUGH TO PM ME WITH A PROBLEM THEY ARE TOO LAZY, DIM OR BOTH TO RESOLVE FOR THEMSELVES EARN THEMSELVES IN INSTANT, IRREVOCABLE ADDITION TO MY 'IGNORE' LIST. THIS MEANS THEY CANNOT CONTACT ME IN ANY WAY, OR POST THEIR IDIOTIC RAMBLINGS IN ANY OF MY THREADS.
I trust I have go my point across.
_____________________________________________________________________________________
Whenever using an ea, script or indicator, it helps enormously if we traders can customise the inputs to suit ourselves. "How to edit a script code" describes how to do this; the lessons learned are equally applicable to any mt4 software. Read the pdf and learn how to make these basic edits for yourselves; it is both useful and fun to be able to do so.
Updates:
1st Nov 2010
A fantastic contribution by gspe makes it possible for mptm to act as an 'always-on' ea that does not have to wait for the chart it is loaded on to receive a tick.
Details in the user guide, but the inputs are at the top of the inputs list and should be pretty obvious. The default makes mptm check the position once a second.
Great contribution, gspe.
24th Feb 2011
Added the ability to close the global position by pips profit count.
4th August 2011
Added a candlestick closing stop to the trailing stop function:
- UseStandardTrail: tells mptm to use a normal trailing stop, pip by pip.
- UseCandlestickTrail turns on the CTS:
- CandlestickTrailTimeFrame expresses the time frame to trail, in minutes.
- CandleShift points to the candle to use as the trail. The default is 1 candle ago, so increast this to go further back in time.
Remember to download the stand-alone version of mptm, not the version in the zip file.
Useful utilities/EA's/scripts
- MaryJane has posted a fabulous utility to allow us to resize EA input windows: http://www.forexfactory.com/showthread.php?t=299017
- Account equity analyser: http://www.forexfactory.com/showthre...16#post4693716
I will post the updated versions as I write the routines.
