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Manage Take Profit EA

  • #301
  • Apr 21, 2009 2:29pm Apr 21, 2009 2:29pm
Hello Guys, I hope one of you can solve this simple problem I am facing. Well its easy when you know how, but I don't. The problem is; I can't get this EA working. It is staying grey and doesn't get attached to the chart, whilst my other EA Swiss Army works fine.

I downloaded this EA, Saved it in Expert folder. Started my MT4, the EA is listed but doesn't work. Am I doing something wrong? I have both version 2.3 and 2.4. None of these works....

Please help.......

Many thanks,
  • #302
  • Apr 24, 2009 5:23pm Apr 24, 2009 5:23pm
Quoting transvia
Hello Guys, I hope one of you can solve this simple problem I am facing. Well its easy when you know how, but I don't. The problem is; I can't get this EA working. It is staying grey and doesn't get attached to the chart, whilst my other EA Swiss Army works fine.

I downloaded this EA, Saved it in Expert folder. Started my MT4, the EA is listed but doesn't work. Am I doing something wrong? I have both version 2.3 and 2.4. None of these works....

Please help.......

Many thanks,
Just managed to get v2.4 working by some changes:

1st. Ran Meta Trader 4 as Administrator.
2nd. Ran MT4 on WinXP compatibility format. It just happened that I read about few compatibility issues with Vista.
3rd. After I ran MT4 as an Administrator, it uploaded automatically with its new released.....then my EA appeared to be working..

So guys, if you are facing the similar problem. Especially if you are new as I am, then try above steps. It may be the answer to your problem..

Great trading...
  • #303
  • May 10, 2009 2:00am May 10, 2009 2:00am
Hi all,

I have read the whole thread but did not see this question addressed although there were a couple of examples which were near.

I have used the EA and it works well. However there is a new strategy which I am trading which requires different Stops and TP's which are not fixed. In other words the system provides me with dynamic stops/TPs which differ with each setup.

So my question is if I set up the EA for a particular trade on one pair. Can I set different parameters on a different pair running at the same time?

Would this be done by changing the Magic numbers?

Please advise.

Thanks

Naresh
  • #304
  • Jun 2, 2009 10:38pm Jun 2, 2009 10:38pm
Yes Naresh, accordig to the instruction in the first page, just specify different magic numbers for each piars you trade. I hope this helps.

Quoting Naresh
Hi all,

I have read the whole thread but did not see this question addressed although there were a couple of examples which were near.

I have used the EA and it works well. However there is a new strategy which I am trading which requires different Stops and TP's which are not fixed. In other words the system provides me with dynamic stops/TPs which differ with each setup.

So my question is if I set up the EA for a particular trade on one pair. Can I set different parameters on a different pair running at the same time?

Would this be done...
  • #305
  • Jul 3, 2009 7:06pm Jul 3, 2009 7:06pm
Quoting ES Trader
I have been using this simple EA This closes all positions automatically with a predetermined profit.I have to put this on only one chart.I just want to be able to have stop loss, in other words close position on all charts automatically if account goes negative.can some one here help me.I have the Ea below.
Hi , I just came across your post . I share the same problem with you. I just want to know if you have finally found a solution to the issue ?. Also , i would be glad if you can share the solution with me. Thanks
  • #306
  • Jul 5, 2009 4:29am Jul 5, 2009 4:29am
Hi
A q for anyone who uses v2.4..am I right in thinking that I need to enter a multi lot (or multi minlot or microlot) position along with initial stop loss and that the EA will manage it all from there? So can I set a pending , say, buy stop with stop loss and have the EA running and ready to go for when the trade triggers?

thanks!
All that matters is winning the week
  • #307
  • Jul 20, 2009 7:53am Jul 20, 2009 7:53am
Hi,

I don't know if Moneybiz is still around as he has not posted anything since 2007.

I have the the MPT_1.7.mq4 Manage trades program and noted that there was a post by JoshDance about altering the code. I wonder if that was ever done and whether it has been posted somewhere other than this thread.
Does anyone use this program and if so what do think of it. I tried it today and got stopped out, so at the least I know the max stop works.

Look forward to getting some feedback and help in operating it successfully.

Regards Allon
  • #308
  • Jul 30, 2009 6:00am Jul 30, 2009 6:00am
im looking for an EA that will hide my trailing stoploss and take part profit on the 1st target and just let the trailing stop run.
i have tried the ea in this forum but the price shot straight past my take profit level and i had to close part of it manually.
can anyone help.
  • #309
  • Aug 14, 2009 11:58am Aug 14, 2009 11:58am
I really appreciate this EA, it has help me a lot, but I want to add something to it, I used RSI indicators, and I want to add a code that lets me close buy order when RSI<50, and to close sell order when RSI>50. I appreciate any help on how to add this setting to the manage take profirt EA.


Quoting stockwet
Hi Everyone,

I've developed an expert that is designed to help me stick to my system a bit better than what I do by myself. Use it at your own risk, though.


The expert works by taking profit out of a trade at various take profit levels. It also moves stop losses at designated levels. You have the ability to customize the following parameters:[list][*]First_Target: This is the first take profit target, in pips, that you specify.[*]Target_Increment: Once the first profit target is reached, the next target will increment by the amount specified...
  • #310
  • Sep 4, 2009 2:54pm Sep 4, 2009 2:54pm
If I open a trade with 3 standard lots with close_lots set to 2. After my first target is hit and my first 2 lots are closed, does the EA know to close only one lot at the next profit target?
  • #311
  • Sep 8, 2009 4:16am Sep 8, 2009 4:16am
Hi,
Once in profit, and the first stop target has been hit. Is it possible to place a figure in the first stop (box) that is a negative figure, or a figure that is less than the entry level?

Thanks
  • #312
  • Sep 30, 2009 6:59pm Sep 30, 2009 6:59pm
Quoting stockwet
Hi Everyone,

I've developed an expert that is designed to help me stick to my system a bit better than what I do by myself. Use it at your own risk, though.


The expert works by taking profit out of a trade at various take profit levels. It also moves stop losses at designated levels. You have the ability to customize the following parameters:[list][*]First_Target: This is the first take profit target, in pips, that you specify.[*]Target_Increment: Once the first profit target is reached, the next target will increment by the amount specified...
OMG! Stockwet!!
I feel like rolling on the floor right now. This is what I have been looking for for ages. My kind of trading deals with pending order and I have been looking for a system that would baby sit my trade to reduce my loses. You are a hero. Thanks a zillion

David
  • #313
  • Oct 16, 2009 4:30am Oct 16, 2009 4:30am
does anyone know what the x means next to the ea name. its not working on my fx pro now for somereason. Its where the smiley face goes when it works but all the sudden a x appeared and the ea stopped?
  • #314
  • Oct 16, 2009 4:35pm Oct 16, 2009 4:35pm
Hi,
Look along the top line and you will see the EA symbol, it will have a red X, click on it and switch it on. Then your EA should work.

Allon
  • #315
  • Oct 16, 2009 4:52pm Oct 16, 2009 4:52pm
ah thanks a heap! i didn't even realize that existed
  • #316
  • Oct 17, 2009 5:23pm Oct 17, 2009 5:23pm
How to incorporate this EA to another one to manage the trade entered by the first EA is ther a simple way to copy an paste the code frome take profit ea to another one.
  • #317
  • Oct 21, 2009 12:42am Oct 21, 2009 12:42am
I put the EA in the folder as instructed. I'm not normally technologically challenged, but I'm feeling that way right now. I can't seem to get the EAs to work. I've opened a chart, but I can't seem to attach the EA to it. When I right click on the chart and scroll to Expert Advisors, everything is grayed out. Any ideas what I'm doing wrong?

Thanks,
Joy
  • #318
  • Oct 21, 2009 2:55am Oct 21, 2009 2:55am
to actually use the ea u dont right click on the charts. you have to go to navigator
expert advisers
then click the manage tp ea

it will work then.

after that when the ea is actually on your charts then you can right click and go to properties of the ea etc

hope that helped
  • #319
  • Oct 21, 2009 4:47am Oct 21, 2009 4:47am
iv been having heaps of problems trying to get this ea to do wat i want it to. does anyone else have problems.

It always seems to take full profits without it even hitting my stop.
the trade is triggered and the ea closes a lot at 10 pips and the stop is placed 30 pips away or where ever i specified. a few minutes later all the sudden it closes the trade and takes profit. im not sure what im doing wrong. Maybe something to do with the increment bit im not sure

the ea seems to work fine doing the first taking profit and closing a position. its after this first bit it ends up stuffing up and taking profit without any reason to...

anyway this is what i had up

first target 100 (10pips)
increment 1000 100 pips
close lots 0.1
stops true
first target stop is 100
first stop is -100
then i normally just have the rest on 0

any ideas or help on how to fix my issue i hav tried that many variations its not funny anymore thats why im asking for help
  • #320
  • Oct 22, 2009 3:08am Oct 22, 2009 3:08am
this is wat i mean. the ea just takes profits at like 1 bars space. its really weird. and it does it everytime no matter wat i do i think
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