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Trading aud/nzd successfully

  • #1,521
  • Mar 4, 2009 3:06pm Mar 4, 2009 3:06pm
Quoting Verto
That is what I'm thinking is best. The problem being with MB you need to enter a market order without a predefined stop loss or TP then use the order modify command to modify it. I wish I knew how to code...
I'd rather have my order modified quickly after it's place rather than having
a stoploss inside my EA. Just like you said if you PC crashes you are exposed to everything that might happen in the meantime.
  • #1,522
  • Mar 4, 2009 4:09pm Mar 4, 2009 4:09pm
Quoting Tjpld
Does anybody have a 5 decimal version of the good old
30x20 buy sell EA? Could anyone change the attachted EA to 5 decimals?
I added a 0 in the template which worked good but we still need to change the EA. My MB Trading MT4 spreads are 4-8 all time. Never get bigger than 10 while IBFX stays at 21. Still works very well on IBFX with redicoulus spread 1700% ROI. Now image with 4-8 pips spread...

Now how sweet is that? This rivals most brokers on EUR/USD spread wise.
i tried to change this. new function is : Is5Digit = true (default)
you don't have to put a 0 to TakeProfit, StopLoss or Pips. it is hardcoded.

feedback if it works or not please.
Attached File(s)
File Type: mq4 30x20 buy sell EA5Digit.mq4   25 KB | 285 downloads
File Type: ex4 30x20 buy sell EA5Digit.ex4   24 KB | 214 downloads
  • #1,523
  • Mar 4, 2009 8:44pm Mar 4, 2009 8:44pm
Damn, with MB Trading, I've never seen such low spread with pair ... I wish they would go live with their MT4 platform ...
  • #1,524
  • Mar 5, 2009 2:36am Mar 5, 2009 2:36am
Quoting Schminner
Damn, with MB Trading, I've never seen such low spread with pair ... I wish they would go live with their MT4 platform ...
Not before we have a working 5 digit version. ^^
What's interesting is that their spread is even better than what you
get on Hotspot FXi. They sometimes have 2-5 pips too but it's often over 15 or 20. With MBT it never goes beyond 8 under normal conditions.
  • #1,525
  • Mar 5, 2009 4:57am Mar 5, 2009 4:57am
fixed the last EA from TJLPD. now marketorders are available fpr ECN brokers
Attached File(s)
File Type: ex4 30x20 buy sell EA5Digit.ex4   24 KB | 233 downloads
File Type: mq4 30x20 buy sell EA5Digit.mq4   25 KB | 262 downloads
  • #1,526
  • Mar 5, 2009 5:05am Mar 5, 2009 5:05am
Quoting der stratege
fixed the last EA from TJLPD. now marketorders are available fpr ECN brokers
oh sweet, i was having issues with ECN brokers and this EA, wouldnt open any trades...

whens MB trading going live with mt4? also does this oene have the hidden tp?

dont think we really need a hidden SL considering how far it is away
Grabbing the bull by the horns!
  • #1,527
  • Mar 5, 2009 5:48am Mar 5, 2009 5:48am
Quoting der stratege
fixed the last EA from TJLPD. now marketorders are available fpr ECN brokers
Where the difference between that one and the one you posted 13 hours ago? Both have their TP and SL inside the EA right?
Frankly, to make this perfect we would need to use the order modify function.
  • #1,528
  • Mar 5, 2009 11:09am Mar 5, 2009 11:09am
Quoting Tjpld
Not before we have a working 5 digit version. ^^
What's interesting is that their spread is even better than what you
get on Hotspot FXi. They sometimes have 2-5 pips too but it's often over 15 or 20. With MBT it never goes beyond 8 under normal conditions.
Are you saying that the spread often go over 15 or 20, or do you mean rarely go over 15 or 20?
  • #1,529
  • Mar 6, 2009 7:55am Mar 6, 2009 7:55am
Quoting Schminner
Are you saying that the spread often go over 15 or 20, or do you mean rarely go over 15 or 20?
They often get pretty wide. After all MBT seems to be better.
Unfortunately there seems to be something wrong with the order placement.
Attached Image
  • #1,530
  • Mar 6, 2009 2:02pm Mar 6, 2009 2:02pm
Hey guys and gals, just to let you know the usd/sgd seems to fit the same criteria as the aud/nzd. Gonna test it out this week .
  • #1,531
  • Mar 6, 2009 2:17pm Mar 6, 2009 2:17pm
Has anyone gotten this to work on MBTrading and can they post it if they do. Thanks, Bob.
  • #1,532
  • Mar 6, 2009 2:47pm Mar 6, 2009 2:47pm
Yeah it's working sofar. At least it's placing trades.
No one has ever gotten this far right?
Problem is that it places to much orders. Probably
mixes up the distance between the new orders.
The first order was places right on the first MA.
The "inside TP" isn't working yet. While my IBFX Live
Account closed at TP my MBT orders were still open.
  • #1,533
  • Mar 7, 2009 2:36pm Mar 7, 2009 2:36pm
I updated my link to reflect my current settings as well as added mt4 stats to my comment page under my sig link. It is a pretty transparent results for this system starting in the new year. A few manual trades here and there though. I'm not perfect!
  • #1,534
  • Mar 8, 2009 4:53am Mar 8, 2009 4:53am
I hope to start demo trading with MB Trading Monday(as soon as I can get a log in). Mainly because of their relatively small spread. Because of issues with take profit and stoploss I have written my own ea which sends an order without a take profit and stoploss and then immediately modifies the order to give it a take profit and stoploss.

I would like to share it here, it does not have a Moving Average built in but this can be added if required. Seems to work on the backtester but as I have found the MB backtest and real life are different when it comes to ea operation.
Attached File(s)
File Type: mq4 Nanningbob ea v2.mq4   11 KB | 283 downloads
  • #1,535
  • Mar 8, 2009 4:59am Mar 8, 2009 4:59am


Thanks a million!

Will test it out next week.

@Question

Spacing is the pips between reentry? 500 = 50 Pips?

This .set should have a 30 Pip TP and 150 SL with 4 levels and 1.8 mulitplier just like the original.
Attached File(s)
File Type: zip mbtrading.zip   < 1 KB | 369 downloads
  • #1,536
  • Mar 8, 2009 3:04pm Mar 8, 2009 3:04pm
nzd news stories Wed. be aware. Could cause some big movement.
  • #1,537
  • Mar 8, 2009 6:24pm Mar 8, 2009 6:24pm
Quoting Tjpld


Thanks a million!

Will test it out next week.

@Question

Spacing is the pips between reentry? 500 = 50 Pips?

This .set should have a 30 Pip TP and 150 SL with 4 levels and 1.8 mulitplier just like the original.
Yes, Spacing is pips between re-entry and yes 500 = 50pips.

You can change the stoploss and takeprofit to whatever you want just mind the placing of the decimal point. There is a short note in the inputs to assist.
  • #1,538
  • Mar 8, 2009 6:26pm Mar 8, 2009 6:26pm
Quoting waltini1
Yes, Spacing is pips between re-entry and yes 500 = 50pips.

You can change the stoploss and takeprofit to whatever you want just mind the placing of the decimal point. There is a short note in the inputs to assist.
I get order Modify error 147 backtesting for MB Trading.

There is an Error in the code under the

OrderModify(OrderTicket(),OrderOpenPrice(),OrderOpenPrice() - StopLoss,OrderOpenPrice() + TakeProfit,Yellow);

it leaves out the expiry part should be :

OrderModify(OrderTicket(),OrderOpenPrice(),OrderOpenPrice() - StopLoss,OrderOpenPrice() + TakeProfit,0,Yellow);
  • #1,539
  • Mar 8, 2009 6:29pm Mar 8, 2009 6:29pm
On my Demo both orders did not get modified.
  • #1,540
  • Mar 8, 2009 6:34pm Mar 8, 2009 6:34pm
Quoting Tjpld
On my Demo both orders did not get modified.
I have only tested it on ibfx because I broke my MB trading demo trying to be too clever. I am currently at work and will have a look when I get home. Can you tell me what error 147 is so I can have a think about it before I get to my computer.

I should have another demo up and running soon with MB.
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