Anyone else finding that that V12 keeps cancelling and creating limit sells/buys etc every time the market moves? That's gonna wind up some brokers. Is it just me or are others finding the same?
Version 12 has a rapid open/close problem of the pending trades when you turn on the OnlyTradeCurrencyTwice function.
If you look at my previous posting zip file, I have my htm results that will show you. I believe it was yesterday or the day before that I turned this function on for the first time. I didn't notice it to begin with but came back to find them churning away. I then turned it back off.
I was checking the code but got confused but I do believe that the first part of the code where OnlyTradeCurrencyTwice first appears, it is...
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I've changed the code in "IsThisPairTradable" and i think this is fixed.
There is also a new lines indicator which works a bit better when the indi is firat added to the screen
Anyone who has downloaded v13 should do so again, as the file I uploaded had a bunch of Print statements switched on which will be filling your log file.
I should point out that Pippo requires the #MurreyMathLines_ShowHistory.mq4 indicator to be on the chart alongside Pippo. the reason it cannot be calculated from within the EA is posted in the link below.
Did you implement the concept of not allowing the Bands to change if there are open trades and allowing the progression trades to keep opening on the old bands until everything closes.
dave r
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I tried but I couldn't get it to work. I ran into issues when the terminal was restarted or the indicator/EA recompiled.
Someone earlier in this thread mentioned re-buying on a retracement after a close.
My recommendation is that we also consider doing the following:
At the close of above progression and the opening of the new Pending Sell Limit of 0.06 (in this example), also open a Pending Sell Stop order (remember that we are now between the 8/8 MM Line and the +1/8 MM Line) at the lower 8/8 band for 0.02 Lots to catch the retracement if it keeps going down.
At the same time, also open a Pending Sell Stop order at the 7/8 band for 0.01 Lots, again, in...
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I put forward the idea that perhaps pippo should always use stop orders. That way you do not get screwed over by fast moves as the stop orders are never triggered.
I will probably do this as it shouldn't be too hard to program.
Can we not gradually take the risk out of a potential death trade by entering a hedge trade at the yellow line, as the hedge trade starts to go in our favour, then close the hedge trade and the 0.01 trade once x $ or x pips to the good.
Immediately upon closure, open a new hedge trade to counter the 0.02, 0.06 and 0.12 trade. Once this new hedge trade and the 0.02 trade are x$ or x pips to the good, then close both the new hedge tarde and the 0.02 trade.
Again, immediately upon closure, open a third hedge trade to counter the 0.06 and 0.12...
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This is not a bad idea at all.
Unfortunately, I can't see how to program it at the moment.
It would definitely require that I find a way of preventing the lines redrawing during hedging and then a completely new hedging module.
How has everyone done with today's ridiculous US leadership display of dismal failure. I have to ask myself, are all these guys trading currencies and simply being intentionally ignorant to line their own pockets from the results of their stupidity.
Anyway, let me know how everyone has done. This is an interesting example of what we need to know to avoid our own personal disasters.
Anyway, let me know how everyone has done. This is an interesting example of what we need to know to avoid our own personal disasters.
Dave R.
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PippoV13 on 15mins was a winner for me yesterday. I am selective which currencies I trade and when . Setup USDCHF GBPUSD EURUSD USDCAD XAUUSD XAGUSD AUDUSD. I am not a fan of NZD AUD CAD make sure the swap filters are on if I trade them.
22 Trades 8 losses and 14 wins
Visible TP and SL set to true.
1) First Trade Line
How exactly does the "First Trade Line" option work.
If I enter 0 , will the first lot open at the 4/8 Octave ?
If I enter 2 , will the first lot open at the 6/8 Octave ?
I am trying to get PippoV14 to trade the Fabionici points 4/8 and 6/8 , will the above do it ?
I found the 7/8 & 1/8 (Lot1) not that profitable anyone else noticed that ?
2) Idea on SL
I know alot of people probably dont use the "Visible SL" I love it . Is there anyway you could add a feature where we can choose what percentage SL we want, similar to the "TargetAsPercentageofOctave" but for SL.
3) Idea on Trend trading outer Octaves
I also noticed there were alot of hedge trades taken on Drolands results , which worked in his favour . What if we were to trade a break of the -2/8 and +2/8 in favour of the trend. That way we could treat those breaks as profitable trades. Kind of making this a combination of counter trend trading with a bit of trend trading EA.
