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Multi-purpose trade management EA

  • #541
  • Jul 27, 2010 6:02am Jul 27, 2010 6:02am
I found a couple of moronic code bloops in the Atr tp/sl insertion code today.

This is a definite re-download if you ever plan using this feature.

  • #542
  • Edited 1:16pm Jul 27, 2010 8:28am | Edited 1:16pm
Steve has authorized me to update the User Manual for MPTM. It is my intention to have it completed by August 10th.

I will be working through every post to this thread. My intention is to embrace every question asked in this thread to be included in the manual. It is also my intention to cover every function that Steve has added per user requests.

IF YOU REQUESTED A FUNCTION TO BE ADDED, AND IF IT WAS ADDED - then please PM me DIRECT on how the function works and what you wish to be added into the manual about it. "Tips and Tricks" for the functions as most welcome.

As Steve has been at pains to point out, many functions were added even though he never uses them. So THE ONUS IS ON YOU to contribute to the manual about the functions you caused to be created. Fair's fair and all that.

PM me DIRECTLY with your comments and feedback for the manual, NOT STEVE.

I think we will all agree that a fully updated user manual will spare a lot of unnecessary Q&A noise on the thread, as well as make it easier for new users to come up to speed with the power of MPTM.

So, Tips and Tricks, as well as how it works are welcome from everyone by PM to me, especially from those who requested the item.
  • #543
  • Jul 28, 2010 12:57am Jul 28, 2010 12:57am
I have been trying to get the hedging facility on MPTM operating without success. Is it enabled and working?
Thanks, Charlie
  • #544
  • Jul 28, 2010 5:03pm Jul 28, 2010 5:03pm
Hi Steve,

thanks a lot for your great work.I need help.It would be very nice to get the following added:

-the initially stop loss is 25 pip when the market move +10 pip then stop loss move up -10 from entry and not to break even and activate partclose...
-or partclose settings without break even.


Thank You.This EA save many pip for me.
Best wishes,
Zoltan K
  • #545
  • Jul 29, 2010 6:59pm Jul 29, 2010 6:59pm
Quoting SteveHopwood
I found a couple of moronic code bloops in the Atr tp/sl insertion code today.

This is a definite re-download if you ever plan using this feature.

Steve, tks for fixing , I have been trying to use ATR without success.

rgds
Peter
  • #546
  • Edited 5:25am Jul 30, 2010 12:49am | Edited 5:25am
Steve thank you very much for this EA... very usefull n help me full...

I not Understand coding, but i think better this EA can put more function so the breakeven not only by entering s/l (because some broker have not allow under 50) , so maybe this EA can automatic execute closed order with buffer.
example :
we set the breakeven on 10 (5 decimal) / 1 pip aktivated
buffer 1 pip
so when price reach 1 pip, breakeven will aktivated, when pa going hit 1 pip down, EA will automatic quick closed that order.
we will get closed order profit +0.7.

if we set aktive on 5 / 0.5 pip (on 5 decimal)
buffer 5 / 0.5 pip
will earn +0.2 at least

n another example

when we set aktive on 50 / 5 pip (on profit)
buffer 30 / 3 pip

when price againts n hit 30 / 3 pip.
we will earn at least +2.7 (-0.3 maybe for slippage)

so on input maybe can put 2 types breakeven option, (by put s/l or quick closed by EA ( this maybe can solve for broker not allowed scalping method)), if could please someone make this available because i;m use scalping methode n this EA very helpme full..

ps : if available quick closed order for all function also like trailing , by percentage, take profit, etc

sory for my English...
Thanks,


  • #547
  • Jul 30, 2010 2:24am Jul 30, 2010 2:24am
Quoting charlier
I have been trying to get the hedging facility on MPTM operating without success. Is it enabled and working?
Thanks, Charlie
yes it is.
  • #548
  • Aug 1, 2010 5:44pm Aug 1, 2010 5:44pm
Steve, thanks for the updated MPTM. I like the SL function which sets it for all open pairs which goes very well with your FTLR. One suggestion though: Would it be possible to set the SL based on the # of pips at the price entered into the trade instead of what it is doing currently which is SL pips away from current price. Thanks.
  • #549
  • Aug 1, 2010 6:12pm Aug 1, 2010 6:12pm
Quoting obnoxious2
Steve, thanks for the updated MPTM. I like the SL function which sets it for all open pairs which goes very well with your FTLR. One suggestion though: Would it be possible to set the SL based on the # of pips at the price entered into the trade instead of what it is doing currently which is SL pips away from current price. Thanks.
No, sorry, but that is getting over-complicated. It is difficult to see why it should be necessary to use a third party ea to send stops for pending trades.

  • #550
  • Aug 2, 2010 1:33am Aug 2, 2010 1:33am
My criminal just changed to 5 digit. I added an extra zero but my hedges that typically open at 50 pips now open at 5 pips, and the screen is displaying 5000 pips. Not really sure what to do.
  • #551
  • Aug 2, 2010 6:29am Aug 2, 2010 6:29am
Quoting SteveHopwood
I found a couple of moronic code bloops in the Atr tp/sl insertion code today.

This is a definite re-download if you ever plan using this feature.

Steve, I have downloaded the revised version of MPTM and I am unable to get the ATR SL and TP to work. It does not seem to register that a trade has been placed and that a TP and SL need to be placed.

When you havew a moment can you review.

many tks

Peter
  • #552
  • Aug 2, 2010 10:06am Aug 2, 2010 10:06am
Also found another minor issue with the SL insertion. MPTM will attempt to add a SL to a pending stop order which will obviously throw an error since you can't put a SL until your order is actually fiilled.
  • #553
  • Aug 3, 2010 1:18pm Aug 3, 2010 1:18pm
Quoting rfking2
My criminal just changed to 5 digit. I added an extra zero but my hedges that typically open at 50 pips now open at 5 pips, and the screen is displaying 5000 pips. Not really sure what to do.
Sorry, I have only just seen this. It must be an unexpected consequence of the changes I made to adapting to x digit criminals.

I will sort this out tomorrow.

  • #554
  • Aug 3, 2010 1:21pm Aug 3, 2010 1:21pm
Quoting peterke
Steve, I have downloaded the revised version of MPTM and I am unable to get the ATR SL and TP to work. It does not seem to register that a trade has been placed and that a TP and SL need to be placed.

When you havew a moment can you review.

many tks

Peter
Don't need to; I am using this on my live account trading nanningbob's syterm. Everything is fine.

I am going to add an AtrTimeframe to the robot; I have it running on a 4H chart to make sure it is using the correct Atr values. The extre flexibility might prove useful.

  • #555
  • Aug 3, 2010 1:24pm Aug 3, 2010 1:24pm
Quoting obnoxious2
Also found another minor issue with the SL insertion. MPTM will attempt to add a SL to a pending stop order which will obviously throw an error since you can't put a SL until your order is actually fiilled.
No it isn't; it cannot. It will only attempt to do this to buy and sell orders, not buy/sell limit or buy/sell stop trades.

  • #556
  • Aug 3, 2010 4:33pm Aug 3, 2010 4:33pm
I am not perfect, so I decided to check.

There are 4 pending order types referenced by mql4:

 

  1. OP_BUYSTOP
  2. OP_BUYLIMIT
  3. OP_SELLSTOP
  4. OP_SELLLIMIT

These are referenced in only two mptm functions:

 

  1. void GlobalOrderClosure()
  2. void ShirtProtection()

1) is for closing the entire position, including pendings, at x profit.
2) is for closing the entire position, including pendings,when the trader has balsed up so spectacularly that the only possible recourse is to close all open and pending trades and rescue some equity from a disastrous situation.

mptm does nothing else with pending trades. Anyone who thinks otherwise has not properly read paragraph 2 of post 1.

  • #557
  • Aug 3, 2010 4:43pm Aug 3, 2010 4:43pm
Quoting rfking2
My criminal just changed to 5 digit. I added an extra zero but my hedges that typically open at 50 pips now open at 5 pips, and the screen is displaying 5000 pips. Not really sure what to do.
Are you using the latest version from post 1? This automatically adjusts from 'real' pip inputs to the latest criminal digit lunacy - anything up to 7 digits and I only need to add a new line as the plonkers gradually add more and more digits to their quotes.

  • #558
  • Aug 3, 2010 5:24pm Aug 3, 2010 5:24pm
Quoting SteveHopwood
Are you using the latest version from post 1? This automatically adjusts from 'real' pip inputs to the latest criminal digit lunacy - anything up to 7 digits and I only need to add a new line as the plonkers gradually add more and more digits to their quotes.


Yeah its the latest version. I didn't even know my crim shifted at first. When the market opened yesterday my on-screen hedge settings went from 500% at -50 pips to 5000% at -0.5 pips. Bankrupted a $5mill demo in 15 minutes It would be nice if I could get those results in reverse.

My actual settings right now are -5000 pips to open which shows -50000 on-screen and actually works at -50. And my open percentage is set to 50% on screen shows 500% And works the same as the screen shows.
  • #559
  • Aug 3, 2010 10:13pm Aug 3, 2010 10:13pm
Quoting SteveHopwood
No it isn't; it cannot. It will only attempt to do this to buy and sell orders, not buy/sell limit or buy/sell stop trades.

That confuses me then. Because I was running the tick.exe and FTLR had placed 3 stop orders and I was getting continuous popup stream saying error(1) with cannot set a stop or something of that sort. As soon as I manually cancelled the stop orders it stopped streaming.

Well I suppose that doesn't really matter anyways. DSwitching over to the hidden SL has been amazing =).
  • #560
  • Aug 4, 2010 3:21am Aug 4, 2010 3:21am
Quoting obnoxious2
That confuses me then. Because I was running the tick.exe and FTLR had placed 3 stop orders and I was getting continuous popup stream saying error(1) with cannot set a stop or something of that sort. As soon as I manually cancelled the stop orders it stopped streaming.

Well I suppose that doesn't really matter anyways. DSwitching over to the hidden SL has been amazing =).
That is an fltr thingy, not a mptm thingy.

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