A Simple London Breakout V.2

Quoting Holy pips

Disliked

Hello guyz, i just need to ask this, if i am to start an acc with $2k would be alright to trade 5 pairs but only take profit on the 1st target point only or should i only trade one currency pair and follow the trend on all target points.
I'd love to hear someones opinion pls. thanks

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Quoting xmph

Disliked

Dear all, here are 2 bug fixes I found trading live the EA V2.0.

Bug1: Accounting for slippage, closing at TP1 may not trigger the MOVE to BE+ due to slippage and thus not enough pips_to_lock. Here are a fix to make sure that each time a TP is hit, then the rest will be moved to BE+...

Ignored

//+------------------------------------------------------------------+
void ManageOpenTrades()
//+------------------------------------------------------------------+
{
  int magic;
  double initialSL; double AdaptSL_Live;
  
  AdaptSL_Live = 0;
  
  //for (int cc = OrdersTotal() - 1; cc >=0; cc--)
  for (int cc = 0; cc < OrdersTotal(); cc++)
  {
    if (!OrderSelect(cc, SELECT_BY_POS) ) continue;
    magic = OrderMagicNumber();
    if (OrderSymbol() == symbol && OrderCloseTime() == 0)
    {
 
//+++++
//XMPH: 16-dec-2010 Bug on GBPUSD confi/set2: adpating TP to potential Live requote to preserve the logic of orders 1-2-3
//+++++      
      if (TimeCurrent()-OrderOpenTime()<60*10) 
         // On same symbol, looking 10 minutes back .. can only be same Session
         // if any discrepencies should be spoteed, 10minutes is enough .. think in terms of tick update
      {
           // Validate coherency of the TP with the Live slippage occuring at PriceOpening
           if (OrderType() == OP_BUY) 
           { if (OrderOpenPrice() < BuySL) {AdaptSL_Live = MathAbs(BuySL-OrderOpenPrice()); } }
           else if (OrderType() == OP_SELL) 
           { if (OrderOpenPrice() > SellSL) {AdaptSL_Live = MathAbs(SellSL-OrderOpenPrice()); } } 
      }
      else if (OrderOpenTime() < tSessionStart || OrderOpenTime() > tSessionEnd) {
        // this trade belongs to a different box/session:
        // we must recompute the corresponding box and levels values to handle it properly
        compute_LB_Indi_LEVELS(OrderOpenTime());
      }
         
      //Trade1 goes to TP1 or SL only: do nothing with it
      if (magic==magic1) continue;
      
      
      //Trades 2: move to BE+ when TP1 is hit
      if (magic==magic2) {
        MoveSLwhenProfit(TP1_pips, BreakEvenProfitInPips);
      }

      //Trade 3: move SL to BE+ when TP1 is hit
      //    then move SL to TP1 when TP2 is hit
      if (magic==magic3) {
        if (OrderType() == OP_BUY) initialSL = BuySL;
        else initialSL = SellSL;
        if (MathAbs(initialSL-OrderStopLoss())<=Point) { // trade3 has not yet moved to BE
          MoveSLwhenProfit(TP1_pips, BreakEvenProfitInPips);
        } else {// already moved to BE, now move SL to TP1 if TP2 is reached
          MoveSLwhenProfit(TP2_pips, TP1_pips);
        }
               
      }
      
      
      /*if (magic==magic3 && OrderType() == OP_BUY) initialSL = BuySL;
      else if (magic==magic3 && OrderType() == OP_SELL) initialSL = SellSL;
      MoveSLwhenProfit(TP2_pips, TP1_pips);*/
    }
  }

//+++++
//XMPH: 16-dec-2010 Bug on GBPUSD confi/set2: adpating TP to potential Live requote to preserve the logic of orders 1-2-3
//+++++   
  if (AdaptSL_Live > 0)
  {
      for (cc = 0; cc < OrdersTotal(); cc++)
      {
         if (!OrderSelect(cc, SELECT_BY_POS) ) continue;
         magic = OrderMagicNumber();
         if (OrderSymbol() == symbol && OrderCloseTime() == 0)
         {           
            if (TimeCurrent()-OrderOpenTime()<60*10) {
            // Updating every TP of every order for same session
            if (OrderType() == OP_BUY) 
            { _OrderModify(OrderTicket(), OrderOpenPrice(), OrderStopLoss() , NormalizeDouble(OrderTakeProfit() - AdaptSL_Live, Digits), OrderExpiration(), Red); }
            else if (OrderType() == OP_SELL) 
            { _OrderModify(OrderTicket(), OrderOpenPrice(), OrderStopLoss() , NormalizeDouble(OrderTakeProfit() + AdaptSL_Live, Digits), OrderExpiration(), Red); } 
            
            }
         }   
      }
  }

}//ManageOpenTrades()

Quoting xmph

Disliked

Well well,
or simply readjust the TP based on the min(OOP)?

Ignored

Quoting tazpiza

Disliked

Does anyone try this EA with gold? What are the settings please?
I try many put nothing seems to work.
Thanks!

Ignored

Quoting jacenty

Disliked

Could anyone please explain me precisely how does the MaxRisk work with this EA? I put LotSize 0.1 and MaxRisk 5% (just for my own use) and still my orders are opened with 0.1 Lot. Even that my account is much bigger... I don't understand that.

Ignored

Quoting Bert505

Disliked

Hello bert, i wanted to find out if using the ea to take pofit in the first target only would be good. i'm completely lost when it comes to ea. thanks

Ignored

Quoting masterdeki

Disliked

So,if we wont to this ea works all the time we must leave our comp turned on all the time,with mt4 leaved open,right?
Is it posible to this ea works even if the comp an mt4 are closed,turned off?
Here is what happened for me...
at the end of trading time 3 positions with multiplier of 2 was steel opened
i closed mt4 turn comp off and went to sleep
next morning positions was closed with lost (sl was reached) and new positions didn't opened
why?what I'm doing wrong?

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