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  • #41
  • Aug 23, 2009 1:57am Aug 23, 2009 1:57am
Got to love easy fixes. Congrats....
Tomorrow is a new day and a good time to start from scratch. Lets see how we go.
Luck is where preparation meets opportunity.......
  • #42
  • Aug 23, 2009 1:59am Aug 23, 2009 1:59am
That is, the lower case "m" was required in order for me to test it. Whether it's required for your particular broker or not, I don't know?

Yep. There's always tomorrow. Good luck!
  • #43
  • Aug 23, 2009 2:02am Aug 23, 2009 2:02am
No it isn't. Im with GoMarkets in Australia. Good broker so far, haven't had any issues with them.
Luck is where preparation meets opportunity.......
  • #44
  • Edited Aug 24, 2009 1:02am Aug 23, 2009 1:09pm | Edited Aug 24, 2009 1:02am
Quoting ecTrade
Got it! There is nothing wrong with the code. I just forgot to add the lower case "m" at the end of each symbol, which is required for opening trades with my broker (for mini-accounts). It should work fine the way it is, hopefully.
Here is the attachment for the file ...
Attachment
Thanks very much for sharing all the work Ectrade
this work is cool!

i really dont know about usefulness of martingale in long term along with grid trading... makes or ruins!
but few things are for sure...optimisation can be done!
There have been many good ideas
Idea of Closing all orders will be tried nicely this week..lets c
There is also another idea of Fixed Multiple Increments and not progressive multiplication in multi-level increment orders.. i am in contact with FFlash ..and he has agreed to make some changes !
Further , Volatility/Momemtum based Switch for its trading can filter whipsaws due to price fixed in small ranges.
Also, i have seen , testing it, to be working good around Trendlines/supports/Resistances.. with appropriate increments across them ... for catching the breakouts/breakdowns, which can help in rolling in whatever move occurs in one direction!
Further time based filter in settings to prevent it from trading in all non-volumous/non momemtum/ ranging session periods can be thought upon!

don know how much this all will take...just hoping, we are able to get something out of it, mitigating its all causes of Drawdowns..profits will then come itself!
Cheers !
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #45
  • Edited Aug 24, 2009 12:12am Aug 23, 2009 11:42pm | Edited Aug 24, 2009 12:12am
Quoting forexsaint
Further , Volatility/Momemtum based Switch for its trading can filter whipsaws due to price fixed in small ranges.
What I've done here, which is pretty much the same thing, is specify a limit on the number of open orders (although I don't suppose it's necessary) and create an alarm that begins to sound as soon as it approaches that limit. So, if all of a sudden fours orders open up (due to volatility and momentum) or, if it starts to trend in the opposite direction (more slowly), the alarm will sound and you can come over and take a look, and decide what to do before it gets too far out of hand.

I asked about how to create a delay for the alarm in this thread here. I chose to go with the second option and, although it was a bit more erratic, it didn't cause the EA to "sleep" and potentially keep me from opening and closing trades, and was still quite effective overall.
  • #46
  • Aug 24, 2009 12:34am Aug 24, 2009 12:34am
Quoting Ozzie Taz
No it isn't. Im with GoMarkets in Australia. Good broker so far, haven't had any issues with them.
I modified the code again, by the way. I created a comment line that displays the price you enter (at least for the first order) and the profit as it begins to approach it. That way you know how far away you are and, if the price begins to peak, and is still acceptable, you can opt to close it you want. Which may be as simple as resetting the value on the EA. I won't know until it's actually forward tested though, for it won't let you reset it while back testing.
  • #47
  • Aug 24, 2009 12:45am Aug 24, 2009 12:45am
Hey Ec. I have forward tested the 'Close order multiple' EA and have discovered it closes the pending orders extremely slowly. So much so that it acutally re-entered a level (pending order) before the orders were closed and the EA had time to reset itself. Especially since it has been a slow day and not alot of movement so far.

Everything else works like a charm but just the pending order closer. Any reason for why this could be happening? Have you forward tested it.
Luck is where preparation meets opportunity.......
  • #48
  • Edited 2:33am Aug 24, 2009 2:22am | Edited 2:33am
Are you running the EA by itself? Or, have you incorporated it into your own EA? There's no reason why it should open any new pending orders unless you have something else telling it do so. If so, then it might be a timing issue.

But no, I haven't done any forward testing yet.

So, have you tried managing more than one pair with the same EA?
  • #49
  • Aug 24, 2009 2:38am Aug 24, 2009 2:38am
The problem isn't with it opening more pairs. The problem is the time it takes to close the pending orders. Quite a long time. Im currently testing it now on multiple pairs but having issues with the problem i typed above.

When it does get to its dollar amount, the EA does close the open pairs but doesn't really close the remaining pending orders. It might close a few here and there but the majority are still left open. The problem with that is the other EA im running won't reset itself till all open/pending orders for that pair are closed.

I have had a play around and did a slight mod. Will forward test and let you know. Im not relying on what i did though
Luck is where preparation meets opportunity.......
  • #50
  • Aug 24, 2009 2:50am Aug 24, 2009 2:50am
What other EA? Are you running two EA's on the same chart? It doesn't let you do that does it?

Anyway, I'm going to take a look here pretty quick. I have to set it up on my other computer though, because that's where I have my demo account.
  • #51
  • Aug 24, 2009 2:53am Aug 24, 2009 2:53am
No mate. 2 charts running the same pair.

Well the changes i have made seem to close the pending orders down fairly quick. Might of been a fluke or better timing but will continue to test and get back to you.

Actually, i will just attach the code....
Attached File(s)
File Type: mq4 Close Orders by Symbol and Set Price_Multi_0.mq4   3 KB | 471 downloads
Luck is where preparation meets opportunity.......
  • #52
  • Edited 8:54am Aug 24, 2009 3:39am | Edited 8:54am
Okay, I'm not accustomed to viewing more than one chart for the same pair. Maybe this is what was slowing it down? I tried managing USDJPY (on one chart) and didn't seem to have any problem. Will have to take a look at your fix though.

I also tried managing USDJPY pair on EURUSD chart, but that didn't seem to work, although it did display the status in comment field. I'm currently trying AUDUSD on USDJPY chart but, something tells me it won't work (although it too displays status).

Whoa ... sh*t it just worked!

Although it may have been acting kind of funky. I'm not sure, will have to retest.
  • #53
  • Aug 24, 2009 4:12am Aug 24, 2009 4:12am
Quoting Ozzie Taz
No mate. 2 charts running the same pair.

Well the changes i have made seem to close the pending orders down fairly quick. Might of been a fluke or better timing but will continue to test and get back to you.

Actually, i will just attach the code....
Oh, I see what you did. I didn't put in any stop or limit orders when testing it. That's probably why I didn't incur any problems. But yes, you are correct, I think the code needs to be there.
  • #54
  • Aug 24, 2009 8:48am Aug 24, 2009 8:48am
Im still struggling to close all the pending orders. Painful!! It closes some but not others. No idea how to get around it.
Luck is where preparation meets opportunity.......
  • #55
  • Aug 24, 2009 8:53am Aug 24, 2009 8:53am
Quoting ecTrade
I also tried managing USDJPY pair on EURUSD chart, but that didn't seem to work, although it did display the status in comment field. I'm currently trying AUDUSD on USDJPY chart but, something tells me it won't work (although it too displays status).

Whoa ... sh*t it just worked!

Although it may have been acting kind of funky. I'm not sure, will have to retest.
I figured out why this is a little flaky. Basically it does work. However, when managing the AUSUSD pair on the USDJPY chart, it was updating the profit value from the ticks on the USDJPY chart, not the AUDUSD chart, so it wasn't updating correctly and showing up accurately. So, this may pose a problem. It's probably best to open the EA on the chart which is specific to the pair you are trying to manage.
  • #56
  • Aug 24, 2009 9:04am Aug 24, 2009 9:04am
Yeah i have been doing that. Opening 2 charts per pair traded and applying the 'close all' on the second chart. Only defining the dollar price i want the EA to close to on that particular pair.

It still is having touble. Hmmmmm
Luck is where preparation meets opportunity.......
  • #57
  • Aug 24, 2009 9:06am Aug 24, 2009 9:06am
Quoting Ozzie Taz
Im still struggling to close all the pending orders. Painful!! It closes some but not others. No idea how to get around it.
Okay, I did modify your code a little (to suit my own taste), and made sure I put in the Buy Stops and Sell Stops when testing it, and it seemed to work fine. So, you may want to try it.
Attached File(s)
File Type: mq4 Close Orders by Symbol and Set Price_Multi.mq4   3 KB | 660 downloads
  • #58
  • Aug 24, 2009 9:17am Aug 24, 2009 9:17am
No worries. Essentially i think the EA's are the same but will see how it goes.

Thanks for your help Ec. How is everything going?
Luck is where preparation meets opportunity.......
  • #59
  • Aug 24, 2009 9:30am Aug 24, 2009 9:30am
How's everything going? Okay, I guess. So long as I'm not thinking about it or, nothing is bothering me, that's usually the case.
  • #60
  • Aug 24, 2009 9:33am Aug 24, 2009 9:33am
Quoting Ozzie Taz
Im still struggling to close all the pending orders. Painful!! It closes some but not others. No idea how to get around it.
Are they all of the same pair? Or, different pairs? If they are different pairs, then it might be from this "chart delay" I'm talking about. If so, then it may not have been necessary to add the additional code (although it probably won't hurt to leave it there).
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