You are in a maze of twisty little passages, all alike.
- Joined Oct 2005 | Status: Pip Slappa Extrordinaire | 1,012 Posts
You are in a maze of twisty little passages, all alike.
Grid - New indicator that replaces chart grid 60 replies
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Double Time Grid and Pip Grid 0 replies
DislikedI haven't tried your EA yet but it appears that IBFX (an NFA broker) does some back-office tricks to allow you to get around the FIFO rule and close your positions in any order.
Here's their release regarding their FIFO handling:
http://www.ibfx.com/Corporate/post/2...FIFO-Rule.aspxIgnored
DislikedGot that right.
To me hedging is not only not necessary to the method in this thread, it's not necessary in general. It creates a psychological illusion of safety without really doing anything useful.Ignored
DislikedPlease from here on no more postings in this thread that mention the word "hedging".Ignored
DislikedThere is a new version: 2010.6.2.1 of the snowball EA available.
If you want to compile it yourself you will also need to update to the current version of common_functions.mqh which is at the time of this writing also version 2010.6.2.1
New functionality:
[list][*]pause a running cycle at any moment and at any level, this will close all open positions and remember the current level so you can seamlessly resume it later (by simply using one of the start commands). This way you can also reverse by simply restarting into the...Ignored
void DrawPriceTrendLines(datetime x1, datetime x2, double y1, double y2, color lineColor, double style){ string label = "Support Resistance" + DoubleToStr(x1, 0); [color=Red]ObjectDelete(label)[/color]; ObjectCreate(label, OBJ_TREND, 0, x1, y1, x2, y2, [color=Red]0, 0[/color]); [...]
Dislikedsometimes the price will reach a pending order initiating a trade at 1.2100, move away and then return to 1.2100 initiating a second trade at the same price. how can i stop the ea from re-creating a pending order at an old entry point without resetting, pausing or turning off the ea:
_______________________1.2100
---entry1
-----------------entry2Ignored