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Multi-purpose trade management EA

  • #141
  • Jun 8, 2009 2:10pm Jun 8, 2009 2:10pm
Quoting Leomeister
Steve,
Thanks for the use of your Trade Manager. I've been using it to trade the Asian session breakout as outlined in the 'One Trade a Day' strategy that's running here at FF. I typically set a single buy-sell stop manually as IBFX won't allow opposing pending trades. Then after measuring the Fibonacci level extensions, set a pip level for an initial TP and move to BE in the Manager. I let the second half of the lots run to either the 261.8 level, or end of day.

All that said; would it fit your interests to add a couple varients to your manager?...
All getting too complicated for a general trade manager.

Hidden OCO trade entries are for the ea trading such a strategy.

Several optional TP entry levels would add hugely to an ea with a huge number of inputs already, so no to that as well.

Still, if you don't ask you don't get. Just don't take my refusal personally.

Cheers

  • #142
  • Jun 17, 2009 1:51pm Jun 17, 2009 1:51pm
Hi. I have been using this EA for a while now and i think its great! Is this EA suitable for 5th decimal place trading as well?
  • #143
  • Jun 17, 2009 2:04pm Jun 17, 2009 2:04pm
Quoting ebpippin
Hi. I have been using this EA for a while now and i think its great! Is this EA suitable for 5th decimal place trading as well?
Yes. You will have to multiply stops and tp's that you express in pips, by 10.

  • #144
  • Jun 17, 2009 2:51pm Jun 17, 2009 2:51pm
Quoting SteveHopwood
Yes. You will have to multiply stops and tp's that you express in pips, by 10.

OK. Thanks
  • #145
  • Jun 19, 2009 2:48am Jun 19, 2009 2:48am
Quoting andytan
First of all, Thanks for this Wonderful EA, Steve

Just throwing a idea around.. not sure if its possible.. many times when my trade is near my Take Profit Target.. I wish my Trailing Stop can Tighten on its own.. so as to squeeze as much profit as possible before it turns Hope you know what I mean?

For example, if my target is 100 pips and it hit 80 pips and I got a 50 pips trailing stop set on it.. so if it falls to 30 pips.. it would close and I would only get 30 pips.. and lose the 50 pips due to trailing stop..

So my question is can...
I have added this feature. I haven't tested it yet, so please demo it first and sing out if it does not work properly.

  • #146
  • Jun 19, 2009 3:12am Jun 19, 2009 3:12am
Quoting SteveHopwood
I have added this feature. I haven't tested it yet, so please demo it first and sing out if it does not work properly.

Woot! Thanks Steve!! will put it on my DEMO and test it right now hehe..!! Thanks !!
  • #147
  • Jun 19, 2009 3:40am Jun 19, 2009 3:40am
Quoting andytan
Woot! Thanks Steve!! will put it on my DEMO and test it right now hehe..!! Thanks !!
You are most welcome. I forgot to put the instructions into the edit, but they are there now, also in the user guide. You probably don't need them, but they are there.

  • #148
  • Edited 5:04am Jun 19, 2009 4:19am | Edited 5:04am
Quoting SteveHopwood
You are most welcome. I forgot to put the instructions into the edit, but they are there now, also in the user guide. You probably don't need them, but they are there.

Oops.. Trailing seems to be abit broken.. I'll try to attach my screen shot and set file.. something's not right Steve.. Normal Trailing and also the new tighten option don't seems to be working
Attached Image (click to enlarge)
Click to Enlarge Name: Multi-Trail-Bug.jpg Size: 267 KB
Attached File(s)
File Type: txt jpy_tighten_test.txt   4 KB | 467 downloads
  • #149
  • Jun 19, 2009 5:15am Jun 19, 2009 5:15am
Quoting andytan
Oops.. Trailing seems to be abit broken.. I'll try to attach my screen shot and set file.. something's not right Steve.. Normal Trailing and also the new tighten option don't seems to be working
The new function shouldn't interfere with the existing trailing stop, so my guess is something else is stopping the trade modification. Keep an eye on the demo, and see if the ts kicks in for any of the other trades. If not, I will look again.

I forot to add on-screen feedback about the new function; I have added this now and you can download it from post 1.

  • #150
  • Jun 19, 2009 5:38am Jun 19, 2009 5:38am
Quoting SteveHopwood
The new function shouldn't interfere with the existing trailing stop, so my guess is something else is stopping the trade modification. Keep an eye on the demo, and see if the ts kicks in for any of the other trades. If not, I will look again.

I forot to add on-screen feedback about the new function; I have added this now and you can download it from post 1.

Ok.. I'll re-compile the new one and test it again.. hehe
  • #151
  • Jun 19, 2009 6:18am Jun 19, 2009 6:18am
Steve,

The Trailing stop portion still won't work.. something's eh broken.. I only got your EA loaded and nothing else running..
  • #152
  • Jun 19, 2009 8:02am Jun 19, 2009 8:02am
Quoting andytan
Steve,

The Trailing stop portion still won't work.. something's eh broken.. I only got your EA loaded and nothing else running..
Ok, I have opened up a demo with Alpari so I can send hedged positions. I will watch and see if I can locate the problem.

  • #153
  • Jun 19, 2009 8:18am Jun 19, 2009 8:18am
The trailing stop function is working as well as ever it did. I thought it would as the new function is separate. I have just watched it cheerfully adjusting the trailing on several trades.

No idea what your problem is, andy. Your setfile looks ok.

  • #154
  • Jun 19, 2009 8:30am Jun 19, 2009 8:30am
Quoting SteveHopwood
The trailing stop function is working as well as ever it did. I thought it would as the new function is separate. I have just watched it cheerfully adjusting the trailing on several trades.

No idea what your problem is, andy. Your setfile looks ok.

Blah this is making me go nuts.. I'll try to load it on a Alpari Demo and test it.. everything was working fine on the earlier version on my FxPro Demo.. but the new version just refuse to work no matter what I do.. maybe it's something about FxPro.. I'll load it on Alpari and see if I get the same problem.. I even disable everything and just make it trail only and it still refuse to work on FxPro.. lol
  • #155
  • Jun 19, 2009 8:59am Jun 19, 2009 8:59am
Andy, the ea makes no check that a stop is large enough for the broker. It should, and will when I remember to add the code, but doesn't right now.

Use the attached script to make sure your stops are wide enough.

Attached File(s)
File Type: mq4 Broker's minimum stop.mq4   1 KB | 759 downloads
  • #156
  • Jun 19, 2009 9:02am Jun 19, 2009 9:02am
Quoting andytan
Blah this is making me go nuts.. I'll try to load it on a Alpari Demo and test it.. everything was working fine on the earlier version on my FxPro Demo.. but the new version just refuse to work no matter what I do.. maybe it's something about FxPro.. I'll load it on Alpari and see if I get the same problem.. I even disable everything and just make it trail only and it still refuse to work on FxPro.. lol
Try this:
Right click the ea and select 'Modify'. When the code comes up in the editor screen, press the F5 key to compile the code into .ex4 format. Sometimes there is a problem with the auto-compile feature that is supposed to run when the platform meets a new/updated ea.

  • #157
  • Jun 19, 2009 9:08am Jun 19, 2009 9:08am
Quoting SteveHopwood
Try this:
Right click the ea and select 'Modify'. When the code comes up in the editor screen, press the F5 key to compile the code into .ex4 format. Sometimes there is a problem with the auto-compile feature that is supposed to run when the platform meets a new/updated ea.

Hmm.. seems to be FxPro's issue.. I even save your new EA as a new file and re-compile it on the editor.. I set the stops by at least 20 pips apart.. so it should not be the issue.. the crazy thing is that I load your earlier version again and the trail works.. but the new version just refuse to work.. lol.. maybe I'll re-install the MT4.. and see if it works

I even try to compare your earlier code and the new code.. the crazy thing is the trailing part looks identical to me!.. so.. in conclusion.. FxPro don't like me.. hehe
  • #158
  • Jun 19, 2009 9:11am Jun 19, 2009 9:11am
Oops!! it happens again!! Now even the new EA on Alpari won't work??!! and I swear it was working just 15 mins ago??!! hmm.. hmm..
  • #159
  • Jun 19, 2009 9:20am Jun 19, 2009 9:20am
The tightening function was not working, so I went bug hunting and discovered a logic fault - conditionals the wrong way around.

This is fixed and uploaded to the first post.

I have now watched the ea both trail and tighten the stop, so things look well from this end.

  • #160
  • Jun 19, 2009 9:28am Jun 19, 2009 9:28am
There is definitely a problem, because I now have some trades where the sl should be trailing but isn't being set.

I left in a bit of debugging code to show whether the tightening function is ok, and the calculations are correct; the stops are simply not being sent.

I have to stop now, but will sort this out on Monday.

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