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VO-Pro: Comprehensive visual order management system for MT4

  • #101
  • Apr 10, 2011 8:56am Apr 10, 2011 8:56am
Quoting daytrade5
David,

I may have figured this out. I tried dragging the VO-Monitor script on the secondary chart and under the "Common" tab selected "Allow DLL Imports" When I went back to my main chart to create a new order, all of the lines came up.
DT5, many thanks for the feedback.

Not sure why allowing DLL imports would make a difference (as the script doesn't call any DLLs), but I'm very glad to hear that you have it working now.

David
  • #102
  • Apr 10, 2011 9:29am Apr 10, 2011 9:29am
hi david,

i am facing the same problem as daytrade5, the tab journal shows script vo create new order is loaded successfully but the trade lines are not showing.

i have also check the dll import in the common tab and it is still not working.

i am using windows 7.

i have downloaded the zip file and

Install the following files into ..../[MT4]/experts/scripts folder:

VO Close & Delete Orders.ex4
VO Modify Orders.ex4
VO Create New Order.ex4
VO Monitor.ex4
VO Cleanup.ex4

Install the following files into ..../[MT4]/experts/files folder:

VOConsole.EXE
RemoveVO1.BAT
VOreg.INI

Install the following files into ..../[MT4]/experts/indicators folder:

BidAskLine.ex4
Signal.ex4
Display Info All Pairs.ex4

did i do the right thing?

what else can i do to remedy it?

thanks alot
  • #103
  • Edited 3:56pm Apr 10, 2011 3:11pm | Edited 3:56pm
Quoting johnnyterry
hi david,

i am facing the same problem as daytrade5.......
Hi,

Yes, you have installed VO-Pro into the correct folders.

Please read posts #97-#100, and follow the 3 steps outlined in #98. I've just downloaded v 2.05 from post #1, and installed it into ActivTrades MT4. When I dragged the VO Create New Order script onto the chart, no lines appeared. But after clicking CANCEL and RESET on the VO Console (as described in post #98), and then dragging the VO Create New Order script onto the chart, it worked fine.

I will investigate further, with other br0ker MT4s. If you let me know who your br0ker is, I will download their platform and try it.

David

[EDIT]
To satisfy myself that VO-Pro works on a new account, I just downloaded FX Solutions UK MT4. I installed VO-Pro, and there was one thing I noticed. The lines do not appear if you're not running VOConsole.EXE along with MT4. I overlooked mentioning this, as all of the instructional videos show VOConsole and MT4 sitting alongside of each other, hence I thought it was obvious. Once I had VOConsole.EXE running, the lines appeared without any problem.
  • #104
  • Apr 10, 2011 3:19pm Apr 10, 2011 3:19pm
david,

Some of those minor errors may be nothing more then installing/executing it over the weekend. I found that if I hit the refresh command under Charts then any issues such as these went away.

Just a thought.

Quoting hanover
Hi,

Yes, you have installed VO-Pro into the correct folders.

Please read posts #97-#100, and follow the 3 steps outlined in #98. I've just...
  • #105
  • Apr 10, 2011 8:56pm Apr 10, 2011 8:56pm
Quoting hanover
Hi,

Yes, you have installed VO-Pro into the correct folders.

Please read posts #97-#100, and follow the 3 steps outlined in #98. I've just...
Hi David,

i am using FXCM MT4 demo acct.
i have followed your instructions but to no avail.
after dragging and drop Monitor to a dummy chart.
another thing is whenever i drag an drop Create New Order on to my chart, nothing happens, only when i drag and drop it again then a pop up appears that says "do you really want to stop VO Create New Order and execute VO Create New Order on the chart?" only when i click YES then the Journal Tab appears Script loaded successfully.

thank you
  • #106
  • Apr 11, 2011 1:36am Apr 11, 2011 1:36am
Quoting johnnyterry
Hi David,

i am using FXCM MT4 demo acct.
i have followed your instructions but to no avail.
after dragging and drop Monitor to a dummy chart.
another thing is whenever i drag an drop Create New Order on to my chart, nothing happens, only when i drag and drop it again then a pop up appears that says "do you really want to stop VO Create New Order and execute VO Create New Order on the chart?" only when i click YES then the Journal Tab appears Script loaded successfully.

thank you
Hi,

I'm sorry, I can not reproduce your problem. I have tested VO-Pro on 15 different br0kers, one of which is FXCM Australia, and it works OK for me.

There must be something that you're doing differently, or something about your PC configuration that's unusual, but I can not think what it might be. I do not know what else to suggest.

Sorry I can't be of more help.

David


[EDIT] I've just reloaded FXCM Australia's MT4, and dragged the VO Create New Order script onto the chart. The 3 lines appear without a problem (see attached screenshot).
Attached Image (click to enlarge)
Click to Enlarge Name: johnnyt1.jpg Size: 147 KB
  • #107
  • Apr 11, 2011 3:45am Apr 11, 2011 3:45am
waiting for V3... I am sure it will be far more suited to my needs. when will this update available?
  • #108
  • Edited 2:50pm Apr 11, 2011 4:28am | Edited 2:50pm
Quoting mulale
waiting for V3... I am sure it will be far more suited to my needs. when will this update available?
Probably not for another 1-2 months, I'm afraid. As can be seen from the Q&A in this thread, I am still trying to sort out problems with version 2. I want to get a stable version 2 out into the FX community first.

If stealth and babysitting facilities are more important to you than visual order management, then you might like to try something like MYFX. There are also plenty of other free EAs (like Steve Hopwood's multi-purpose management EA) that are capable of doing this. One of my goals with VO-Pro was to create a unique product, i.e. avoid re-creating functions that are already freely available elsewhere.
  • #109
  • Apr 11, 2011 7:28am Apr 11, 2011 7:28am
Hanover,

I have VO-Pro running on my FXCM live account under Windows 7. I took 4 live trades last night using the minimum risk setting. The software performed flawlessly. My problem now is that I can't imagine trading without it. Are you planning on extending the beta test period?

Again, I just wanted to thank you for your efforts and encourage you to press forward with this great piece of work.

Daytrade5
"Amat Victoria Curam" Victory Loves Preparation
  • #110
  • Apr 11, 2011 7:43am Apr 11, 2011 7:43am
i am having the same great performance on Windows XP Pro. No issues at all except once in awhile it shows Monitor is running when it is not. David is exploring why that would happen. I will not trade without it.
  • #111
  • Apr 11, 2011 7:59am Apr 11, 2011 7:59am
David - have a question about settings for risk. Have risk set at 1% on a $10,100 demo account. First trade entered today was GU and with the 1% Trade Risk setting it place an order for 4.40 minilots. Shouldn't the calculation and allowed lot size been more like 1.1? Thanks.
  • #112
  • Apr 11, 2011 9:06am Apr 11, 2011 9:06am
Hi David,

ok i decided to follow your video's instructions.

previously i manually copy and paste the files into the individual folders in expert folder.

i tried to extract files directly as per your video but have all this errors.

DesktopFundMT4 indicatorVO ProVO-Pro v2-05 (beta).ZIP: Cannot create expertsindicatorsSignal.ex4
Access is denied.
Cannot create expertsindicatorsDisplay Info All Pairs.ex4
Access is denied.
Cannot create expertsindicatorsBid Ask Line.ex4
Access is denied.
Cannot create expertsscripts VO Monitor.ex4
Access is denied.
Cannot create expertsscripts VO Modify Orders.ex4
Access is denied.
Cannot create expertsscripts VO Create New Order.ex4
Access is denied.
DesktopFundMT4 indicatorVO ProVO-Pro v2-05 (beta).ZIP: Cannot create expertsscripts VO Close & Delete Orders.ex4
Access is denied.
Cannot create expertsscripts VO Cleanup.ex4
Access is denied.
Cannot create expertsfilesVOConsole.EXE
Access is denied.
Cannot create expertsfilesVOreg.ini
Access is denied.
Cannot create expertsfilesRemoveVO1.BAT
Access is denied.

Thanks
  • #113
  • Apr 11, 2011 2:57pm Apr 11, 2011 2:57pm
Hi David,

Is it avaible or it will be avaible to place OCO orders on same or different currency pairs with VO-Pro?Thanks you.
  • #114
  • Apr 11, 2011 3:20pm Apr 11, 2011 3:20pm
Quoting johnsund
David - have a question about settings for risk. Have risk set at 1% on a $10,100 demo account. First trade entered today was GU and with the 1% Trade Risk setting it place an order for 4.40 minilots. Shouldn't the calculation and allowed lot size been more like 1.1? Thanks.
John, it depends on the distance between the entry level and the SL level. If you move the entry or SL line around, you will notice that the number of lots changes.

You can work through the calculation from the RR values displayed on the screen. For example (see the attached screenshot):

0.33 lots x $10 per pip for each full lot = $3.30 per pip
$3.30 per pip x 30 pips between entry and SL = $99.00
$99 is 0.99% of the $10,000 account balance

0.99% is as near as it can get to 1%, without exceeding it, in this instance.

Why? Because if the lot size was increased from 0.33 to 0.34, the risk would be:

0.34 x $10 x 30 = $102, which is more than 1% of the $10,000 account balance.

Hope this explains.

David
Attached Image (click to enlarge)
Click to Enlarge Name: johnsund6.JPG Size: 30 KB
  • #115
  • Apr 11, 2011 3:23pm Apr 11, 2011 3:23pm
Quoting johnnyterry
Hi David,

ok i decided to follow your video's instructions.

previously i manually copy and paste the files into the individual folders in expert folder.

i tried to extract files directly as per your video but have all this errors.

DesktopFundMT4 indicatorVO ProVO-Pro v2-05 (beta).ZIP: Cannot create expertsindicatorsSignal.ex4...
Hi,

What version of Windows are you running? Is it Vista?

Where do you have MT4 installed? Is it under the Program Files folder?

Vista will not allow you to create or modify files that reside anywhere in the Program Files folder, or in subfolders underneath that. This is a known Microsoft bug. In this case, you would need to re-install MT4 somewhere else.

David
  • #116
  • Apr 11, 2011 3:27pm Apr 11, 2011 3:27pm
Quoting daytrade5
Hanover,

I have VO-Pro running on my FXCM live account under Windows 7. I took 4 live trades last night using the minimum risk setting. The software performed flawlessly. My problem now is that I can't imagine trading without it. Are you planning on extending the beta test period?

Again, I just wanted to thank you for your efforts and encourage you to press forward with this great piece of work.

Daytrade5
Hi,

Many thanks for the feedback.

I will possibly extend the beta test period. It depends on whether I can complete the instruction manuals/videos and be ready to go to market, before April 17; and also on feedback prior to that date. I want to be sure that the product, when it is officially launched, is stable.

Thanks for your help in testing VO-Pro.

David
  • #117
  • Apr 11, 2011 4:44pm Apr 11, 2011 4:44pm
Thanks David - your response says it all.
  • #118
  • Apr 12, 2011 12:22am Apr 12, 2011 12:22am
Quoting csabee
Hi David,

Is it avaible or it will be avaible to place OCO orders on same or different currency pairs with VO-Pro?Thanks you.
Hi,

This is not currently available.

Version 3 will include an EA that:

  1. converts existing orders (entry, SL and TP) to 'stealth' orders;
  2. babysits your open trades, allowing exits at multiple TP levels, and pip and/or MM-based trailing SLs;
  3. provides OCO facilities
  4. any other ideas that I think are worthwhile

I haven't decided yet whether to make version 3 a separate product. Some of these additional facilities won't necessarily be 'visual'. It is not likely to be ready for another 1-2 months, as my current focus is on getting a stable release of version 2 out into the FX community.

David

  • #119
  • Apr 12, 2011 1:12am Apr 12, 2011 1:12am
David,

MT4 (terminal.exe) only. The only two scripts are attached VO Monitor and VO Create New Order. VOConsole.exe was running also. I turned it OFF just to see if it will affect the performance, not much difference. I've been following U tube instructions. Usage is 25%

Stan
  • #120
  • Apr 12, 2011 2:02am Apr 12, 2011 2:02am
Quoting StanP
David,

MT4 (terminal.exe) only. The only two scripts are attached VO Monitor and VO Create New Order. VOConsole.exe was running also. I turned it OFF just to see if it will affect the performance, not much difference. I've been following U tube instructions. Usage is 25%

Stan
Stan,

I am testing using Win XP Home SP2. I don't have Win 7.

After attaching VO Monitor, CPU usage for MT4 (terminal.exe) oscillates between 1% and 9%. I watched this fluctuate for around 2-3 minutes, and it stayed between those values.

After attaching VO Create New order, CPU usage for MT4 (terminal.exe) increases to 50%-80%. This could be partly due to the fact that I have no other CPU-intensive processes running, therefore the script acquires all of the resource that it can. It's looping continuously, performing some quite complex math, especially as you move the lines around. However, after I click either EXECUTE or CANCEL (to either place the order, or abort the process, respectively), the script unloads itself, and CPU usage for MT4 (terminal.exe) returns to less than 10%.

VOConsole.EXE (which does run continuously) uses less than 1%, unless I click the ORDERS button, and the continuous polling of the Orders window increases CPU usage to 3%-4%, each time it polls (i.e. every 2-3 seconds).

I deliberately wrote VO-Pro in this manner, i.e. keep CPU overhead low by having scripts run only when necessary (while placing/modifying your orders), as opposed to having an EA running continuously behind the scenes. Hopefully the outcome will prove acceptable to most users.

David
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