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Multi-purpose trade management EA

  • #21
  • Oct 25, 2008 5:36am Oct 25, 2008 5:36am
is there a chance to add a features on Jumping Stop in Dollars for the baskettrade?
  • #22
  • Oct 27, 2008 6:49am Oct 27, 2008 6:49am
question on BasketSLinDollors function

I enter -10000 to 10000 ..yet it also give a alert ("Stop loss hit. Closing trade basket now");

and the variable BasketDollarSL is initial in extern, yet you do not use this variable after that.

EDIT:
change from
double bld = BasketSLinDollars;
to
double bld = BasketDollarSL;

rite?
  • #23
  • Oct 27, 2008 7:13am Oct 27, 2008 7:13am
Quoting soul
question on BasketSLinDollors function

I enter -10000 to 10000 ..yet it also give a alert (\"Stop loss hit. Closing trade basket now\");

and the variable BasketDollarSL is initial in extern, yet you do not use this variable after that.

EDIT:
change from
double bld = BasketSLinDollars;
to
double bld = BasketDollarSL;

rite?
Cheers for spotting that, soul. That was a bug that made the routine a dangerous liability. I hadn't picked it up because the routine appeared to work when I tested it, but I have not used it since.

Many thanks.

  • #24
  • Oct 27, 2008 7:20am Oct 27, 2008 7:20am
ok~~

looking forward to have jumping SL function in baskettrade
  • #25
  • Oct 27, 2008 8:09am Oct 27, 2008 8:09am
another problem in the baskettrade.

BasketTrailingStop is true
BasketsAtProft 18.0
BasketTrailPercent 50

When my profit dollars is just over 18
it close all my trades....
  • #26
  • Oct 28, 2008 2:15am Oct 28, 2008 2:15am
Thanks Steve for you EA!

Just report on a problem on the latest version that I've encountered.

I set my break even to 5 pips once it hit 15, my Jumping SL to 30 & add BEP. As my profit hit above 60 pips, i notice that the SL keep jumping between my 30 pip SL & my 10 pips above BE(5+5).

So not sure if my settings are conflicting each other so I just use JSL only to isolate the issue but still see the "hopping" of SL from 10 to 30 then back to 10.

Appreciate if you could assist.

Thank ahead.
Las
  • #27
  • Oct 28, 2008 5:00am Oct 28, 2008 5:00am
Hi Steve,
wich is the "Multi purpose trade manager" to use? That one in the .zip file or the the other one attached (much smaller)?
thanks
  • #28
  • Oct 28, 2008 5:42am Oct 28, 2008 5:42am
Hi,
just aother thing i noted: if i using the "jumping stoploos" is there any way to have a Really stoploos?
In other words, jumping stoploos is active afhter an order is opens in in gain.
However if i open a long/short position and the price goes imediately in loos, does this "jumping stoploos" Act also as stoploos? If not what do i have to set to have a, lets say, simple stoploos?


thanks
  • #29
  • Oct 28, 2008 7:38am Oct 28, 2008 7:38am
Quoting freemenn
Hi Steve,
wich is the \"Multi purpose trade manager\" to use? That one in the .zip file or the the other one attached (much smaller)?
thanks
Use the one in the separate attachment. It is smaller because I have been able to cut out a huge number of settings in the Inputs tab.

  • #30
  • Oct 28, 2008 7:40am Oct 28, 2008 7:40am
Quoting soul
another problem in the baskettrade.

BasketTrailingStop is true
BasketsAtProft 18.0
BasketTrailPercent 50

When my profit dollars is just over 18
it close all my trades....

Cheers soul. I have not been able to work out if this routine works properly because my baskets have retraced almost as soon as the trail kicks in. Looks like another bug, so I will have a look.

  • #31
  • Oct 28, 2008 7:56am Oct 28, 2008 7:56am
Quoting lascavel
Thanks Steve for you EA!

Just report on a problem on the latest version that I've encountered.

I set my break even to 5 pips once it hit 15, my Jumping SL to 30 & add BEP. As my profit hit above 60 pips, i notice that the SL keep jumping between my 30 pip SL & my 10 pips above BE(5+5).

So not sure if my settings are conflicting each other so I just use JSL only to isolate the issue but still see the \"hopping\" of SL from 10 to 30 then back to 10.

Appreciate if you could assist.

Thank ahead.
Las

That's an odd one that I haven't encountered. Was it a buy or a sell trade?

  • #32
  • Oct 28, 2008 8:30am Oct 28, 2008 8:30am
I just remembered that the Envelope trend spotting routine was chart-specific, so I have made a few changes to make it apply generally. Re download it if you might use hedging.

  • #33
  • Oct 28, 2008 9:35am Oct 28, 2008 9:35am
ok thanks. Jus i do not understand one thing: How to set a Simple stoploos?
How to go out whe i am long and the marekt imediately goes short?
Where do i set this?


Also i note the jumping stop didnt work so far. I set it a 7 and it should go to close the order as soon as the market retrance 7 points form his max (so i understand this featuere) however it doesnt do this.
Can you please explain what's wrong?

I attached a screen.

Thanks a lot
bye
Attached Image (click to enlarge)
Click to Enlarge Name: jumping-stop.jpg Size: 279 KB
  • #34
  • Oct 28, 2008 10:50am Oct 28, 2008 10:50am
Sorry everyone, but I managed to delete a vital couple of lines of code when writing the part-close routine, that caused the ea to close sell trades in x moves because it had not set a stop loss.

Anybody got any bug killer?

Please re-download and let me know if there are any others lurking in the code.


  • #35
  • Oct 28, 2008 11:17am Oct 28, 2008 11:17am
Quoting SteveHopwood
Sorry everyone, but I managed to delete a vital couple of lines of code when writing the part-close routine, that caused the ea to close sell trades in x moves because it had not set a stop loss.

Anybody got any bug killer?

Please re-download and let me know if there are any others lurking in the code.


I still can't solve trailing basket stop problem

I saw you have 2 code:
if (LockedProfit > 0)
{
if (BasketProfit <= LockedProfit)
{
Comment("Trailing stop loss hit. Closing trade basket now");
LockedProfit=0;
CloseBasketTrades();
return;
}//if (BasketProfit <= LockedProfit)
}//if (LockedProfit > 0)


&&

if (LockedProfit > 0 && BasketProfit <= LockedProfit)
{
LockedProfit=0;
Comment("Basket trailing stop hit. Closing trades.");
Alert("Basket trailing stop hit. Closing trades.");
CloseBasketTrades();
return;
}

are they work the same?
and LockedProfit can't update too
  • #36
  • Oct 28, 2008 11:36am Oct 28, 2008 11:36am
Quoting soul
I still can't solve trailing basket stop problem

I saw you have 2 code:
if (LockedProfit > 0)
{
if (BasketProfit <= LockedProfit)
{
Comment(\"Trailing stop loss hit. Closing trade basket now\");
LockedProfit=0;
CloseBasketTrades();
return;
}//if (BasketProfit <= LockedProfit)
}//if (LockedProfit > 0)


&&

if (LockedProfit > 0 && BasketProfit <= LockedProfit)
{
LockedProfit=0;
Comment(\"Basket trailing stop hit. Closing trades.\");
Alert(\"Basket trailing stop hit. Closing trades.\");
CloseBasketTrades();
return;
}

are they work the same?
and LockedProfit can't update too
That is a typpical example of how I get my logic into a twist. Can you see any reason why LockedProfit won't update in this code?



void BasketTrailingStopManipulation()
{

// Has the trail kicked in, and if so has the profit retraced to it
if (LockedProfit > 0 && BasketProfit <= LockedProfit)
{
LockedProfit=0;
Comment("Basket trailing stop hit. Closing trades.");
Alert("Basket trailing stop hit. Closing trades.");
CloseBasketTrades();
return;
}

// Does a trailing stop need updating?
if (BasketProfit >= BasketTsAtProfit)
{
double Trail = BasketTsAtProfit * (BasketTrailPercent/100);
if (BasketProfit - Trail > LockedProfit)
{
LockedProfit = BasketProfit - Trail;
}
}//if (BasketProfit >= BasketTsAtProfit)


// Got this far, so give the user some feedback
ScreenMessage="";
ScreenMessage = StringConcatenate(ScreenMessage, "Basket profit = ", BasketProfit, NL);
ScreenMessage = StringConcatenate(ScreenMessage, "Locked profits = ", LockedProfit, NL);
Comment(ScreenMessage);

}// end void BasketTrailingStopManipulation()
  • #37
  • Oct 28, 2008 2:21pm Oct 28, 2008 2:21pm
Quoting SteveHopwood
That's an odd one that I haven't encountered. Was it a buy or a sell trade?

Is a buy trade, i was watching the SL line dancing up & down is cracking me up

I am still using ur older version but was testing it yesterday & will try again. will let u know...
  • #38
  • Oct 30, 2008 5:43pm Oct 30, 2008 5:43pm
sorry i do not understand how to set just a simple stoploos.
Lets say i like to set a stoploos -15 pips. How/what do i need to edit?

thanks
  • #39
  • Nov 9, 2008 5:17am Nov 9, 2008 5:17am
Stephen,

Wow, very fast response Many traders will be grateful for your contributions.

Can't wait to use your scripts tomorrow.


Thanks!

Helix
  • #40
  • Nov 9, 2008 9:36am Nov 9, 2008 9:36am
Hi Steven,

I need your help to create a script that open MultiLot Pending Orders. For example:

1. Open trade for sell order 0.1 lot manually ( Say 1.7550 )
2. The ea open pending order for buystop 0.2 lots at pips that we set. ( eg: 20 pips. So ea open pending order for buystop at 1.7570 )
3. When the buystop at 1.7570 was hit, the ea then open pending order for sellstop 0.4 lots at 1.7550 )
4. This will continue to the maxtrades we set ( eg: maxtrades = 5 ). The ea will stop open pending orders after 1.60 lots ( eg: 0.1, 0.2, 0.4, 0.8, 1.60 )

Thank You
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