Stealth Trading Scripts

I always trade with scripts as they are the fastest most reliable way to place a trade using correct MM imo. I am attaching the two that I use for your test and use.

I turn off the stop loss feature and use the trailing lines script for my stops. That means the broker does not have my stop and cannot hunt it out. The trailing lines script places a line on my chart that I can move as much as I like and the broker has no idea where it is set. If price crosses the line the script immediately places a close order and I am out of the trade.

i am using this with great success in live accounts. It works. No more getting stopped out right at my number and watching it reverse in my face.

What I would really like now is for anyone who either has or wishes to code, a similar stealth script for placing pending orders. We need a script that places a line on the chart that you can move whereever you like and the broker does not have your order. That will eliminate any chance of price manipulation to take you out. Once price crosses your line, it should immediately place an order with all the same parameters and conditions of the two scripts I have posted. Now activate your trailinglines script and you are in!

This would be a great help to all traders I believe. It would for me because I always have that reservation that they are just going to trade far enough to take my order and the reverse again. It has kept me from using pending orders for a long time. The more we are able to place stealth orders the better we will all be.

Any help MUCH appreciated.

Steve

Hi i would like to know if orders get executed in fast moving market using these scripts or are these orders get missed if market moving fast ?
Or executions are simply better and have more chances to be filled using this script.
Thanks

nice scripts, thanks a lot for sharing them

Orders get filled very quickly in my experience with IBFX. It is definitely faster because I have them set up with Hot Keys. So to place an order I hit Alt B and Enter and my order is in with the right size, stop and TP all figured.

Don't forget to adjust your slippage. Mine is set at 5 by default.

As I said I leave the Stop blank but TP is at 100. I can always move that later if I want. Then I hit Alt T to place the trailinglines script and move the line as the trade progresses.

I really would like that in a pending order though.

Steve

Be logical.

All this script do is sending a close order when the SL is reached. Nothing more. But it will be faster than an human.

search for this in mql4 community through your metaeditor, maybee it will do what you like or help you code it


GTerminal_V5 Graphic orders and indicators [ ru | cn ]

Gee thanks Dale, I never would have thought of that.....

I have been using the first 2 scripts for years. I would know I wrote them. LOL Never had a problem with fast execution on the limit or stop orders. Just as in all Market orders, you can get re- quotes. I like the trend line trail I just looked at the code and it is pretty nice.

PS, I also wrote a multi lot order set of scripts somewhere in the program forum a couple of years ago.

Scott

Scott,

Thanks so much for all your excellent work. Your scripts are the best.

Does it make sense what I am trying to achieve with this request? A pending order that the broker does not see that can be manipulated directly from the chart with a horizontal line?

Perhaps the trailing lines script code can be utilized in your other scripts to provide such a stealth operation.

Thanks again for what you have already given us and for your consideration of this request..

Steve

For me, I would rather have a broker know where my pending order is. I would want them to hunt it if they could, because if they hunt it, I get the price I want. Another reason I would not hide a pending order is because if your EA makes the order when price reaches your level, like a pending order, your EA would make a market order out of it and that would be subject to all the usual re-quotes and context issues.

So to recap, I want my entries hunted, but my stop losses not hunted.

So I trade in such a way that it would be too expensive for them to hunt my stop loss and to their advantage if they hit my entry.

My stop loss is placed not by pip amount, but by where I know my analysis of the trade is proven wrong.

Fair enough and I understand what you are saying. Makes sense. What about the ability to move it directly from the chart like the stop?

Would make it easier to adjust in a moving market.

Just an idea.

Thanks again.

Steve

Anyone knows of an EA that closes all open trades when X percent ( let's say 3% ) loss of your capital is reached?

Example an account of USD10'000.- and I have Eur-USD drawdown of USD300.- , the EA automatically closes out all open trades.

Thanks in advance

Can i put this trailing line once i open a trade manually ?
Or do i have to use this with above scripts of buy and sell only ?
Asking because i opened a trade ( without any script) manually and then attached this line but it did not close the order when price met this red line ?
Am i missing something ?
Please let me know.
Or do i have to check some settings.
Thanks

Check your settings. I am not here to teach you how to use this stuff. Press F1 and READ the whole thing about your platform. If you don't know everything about your trade platform and how it works how can you be risking money?

The scripts work period.

Oh Uncle i guess i was too quick in asking and you were to quick in replying with solution.
its working uncle. Thank you for your scripts or whoever designed it.
Thanks

Thank YOU.

i was searching for the same stealth pending orders and came across this : http://www.agileforex.com/?q=node/24.

Not sure if it is ok to post links in here. just in case the ea is attached. i have not tried it yet.

Cheers,

Ramy

This EA does exactly what you are looking for.
http://www.forexfactory.com/showthread.php?t=98061

And it works great.

Cheers

Ramy

Hi there,

just tested these fine scripts on my FXpro MT4 platform, but seems to have a small problem.
When I attatch it to a chart to start a trade, it dosen´t work...
In the Journal it says "removed" 2-3 seconds after I try to attatch it... I trie both scripts, but same error. See picture.

Expert log says : "Uninit reason 0"

Anybody know what I do wrong?

Thank's in advance,

Hi,
I use a very similar system that Radatas uses...except I use a different third script. 'Charts SL&TP'. I've attached it to this post.
It places two lines on the chart, one for the SL & one for the TP. Simple by 'click & drag' it's easy to move both the lines to new values, & this will adjust your market SL & TP. Unfortunately I only have the exe. file

It would be a really terrific script if the mql file were around, & someone could add sound alerts to the lines....and for them to 'move' with the lines!

Can it be done....& would someone have a stab at it?

Many thanks