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Manage Take Profit EA

  • #461
  • Jan 10, 2011 7:24pm Jan 10, 2011 7:24pm
Quoting alex198555
Anyone knows? Where can I see some video samples of this EA?
It don't work

see the pic? that is the same trade as the one I posted last week. I moved the stop by hand everyday.. I moved a bit close and was out today. So in short the trading profit protect_ea did not work on default settings. maybe i'm the noob here but as far as I can see "no joy"
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  • #462
  • Jan 11, 2011 11:08am Jan 11, 2011 11:08am
I now use Forex Executor Pro http://www.forexexecutorpro.com/fep.htm?hop=ariding for managing opened order... here is some more video how it is woking: http://www.forexexecutorpro.com/updates/?cat=6 I thing it is realy good, never happend to me that it do not close my order how I set there.. Yes it looks as I'm from that company but not.. I try it to buy in past and it works for me well. But one thing I missing there and it is partial lot closing - I must open two or three possition in a row and set for each different value, it is little bit annoing, but I can live with it.
  • #463
  • Jan 12, 2011 3:32am Jan 12, 2011 3:32am
Quoting Deathless
I now use Forex Executor Pro http://www.forexexecutorpro.com/fep.htm?hop=ariding for managing opened order... here is some more video how it is woking: http://www.forexexecutorpro.com/updates/?cat=6 I thing it is realy good, never happend to me that it do not close my order how I set there.. Yes it looks as I'm from that company but not.. I try it to buy in past and it works for me well. But one thing I missing there and it is partial lot closing - I must open two or three possition in a row and set for each different value,...
First off you might want to edit this. FF rules don't allow them links. Second yes I would buy it NOW if it had multiple TP options. So if you are using them request this feacher and if they add it PM me straight away.
Thanks a bunch for the info though.
It seems insaine that this simple idea of closing x% of a trade at preset levels just don't exist. Old ea's for 06 no longer work and no one has written new ones. Wierd.
  • #464
  • Jan 12, 2011 4:28am Jan 12, 2011 4:28am
Folks, you may want to try this ea to also manage trades

http://www.forexfactory.com/showpost.php?p=3728831

It allows:-

Take Profits via Pivots. Trailing Stops, Bar Trailing
It can take Profit in Percentages, Partial Lots, Pips (Graduated Pips)
It also move to breakeven and locks profits etc etc etc...


best of all it is also free

Regards
  • #465
  • Jan 12, 2011 8:51am Jan 12, 2011 8:51am
Quoting tommbstone
So in short the trading profit protect_ea did not work on default settings."
hey tom.... that ea with default settings will select orders with magicnumber of 71946723......

if your order was sent without a magicnumber, use 0 in the ea settings.......h
to trade and code, keep both simple... no call to impress....h
  • #466
  • Jan 12, 2011 4:35pm Jan 12, 2011 4:35pm
Quoting hayseed
hey tom.... that ea with default settings will select orders with magicnumber of 71946723......

if your order was sent without a magicnumber, use 0 in the ea settings.......h
well yes that might be the problem right there. Thx
  • #467
  • Jan 12, 2011 4:38pm Jan 12, 2011 4:38pm
Quoting Deathless
I now use Forex Executor Pro http://www.forexexecutorpro.com/fep.htm?hop=ariding for managing opened order... here is some more video how it is woking: http://www.forexexecutorpro.com/updates/?cat=6 I thing it is realy good, never happend to me that it do not close my order how I set there.. Yes it looks as I'm from that company but not.. I try it to buy in past and it works for me well. But one thing I missing there and it is partial lot closing - I must open two or three possition in a row and set for each different value,...

I got pro active and asked the FEP guys and here is a copy of the ticket. In a nut shell they will think about it.
>Paste
Hector, Jan-12 02:20 pm (CST):
Hi Tomi,
We do plan on updating Executor Pro this year and the feature you are describing has been discussed. I will forward you message on to our developers so they can evaluate it. Thanks for your input.
Good Trading,
Hector
Forex Impact Support
Come check us out on Facebook!
http://www.facebook.com/foreximpact


Tomi, Jan-12 03:45 am (CST):
I would have bought this a long time ago if it had the ability to manage multiple target profit's
If it would close say 50% of trade at 50pips and move SL to BreakEven+spread then take 25% of trade at 150 pips and move SL to 50pips then take the last 25% of trade at 200 pips and close trade. Or even better close 20% of trade at 200 pips and let the last 10% run with trailing stop of 100 pips for example.
That would insure that either
A: Hard emegercy SL is hit and I'm out money
B: I make 50 pips and trade goes back to BE+spread putting me at zero +50 pips
C: I lock the 50 and make a crap load more.
But for some reason I can not find an ea or script out there that does this correctly or at all. But if you code it I'll buy it. If you make the SL and TP hidden from the criminal brokers I'll buy it NOW
At this point I guess I'll have to find a coder to make it for me.
your thoughts?
  • #468
  • Jan 13, 2011 12:22am Jan 13, 2011 12:22am
Quoting Tread
Folks, you may want to try this ea to also manage trades

http://www.forexfactory.com/showpost.php?p=3728831

It allows:-

Take Profits via Pivots. Trailing Stops, Bar Trailing
It can take Profit in Percentages, Partial Lots, Pips (Graduated Pips)
It also move to breakeven and locks profits etc etc etc...


best of all it is also free

Regards
WOW this thing has a boat load of setting I don't need but I'm going to play with it. All I need is the Tp batch functions SL and BE
I'm not sure what this time zone stuff is about. I don't see a way to shut it off yet. But This maybe what I'm looking for. THANK YOU
  • #469
  • Feb 22, 2011 1:08pm Feb 22, 2011 1:08pm
Hi Guys,
I am trying to put this Expert advisor, I had copied it in expert folder and I dropped this expert advisor to my chart window and select allow dlls import and allow live buy/sell option checked.
But still I see cross (x) with the expert advisor name on top right corner.
I think it should be some happy face if it is working. I put orders on chart but not seeing any stop-loss or targets. Any help please?
  • #470
  • Mar 3, 2011 5:58am Mar 3, 2011 5:58am
The expert advisor button is disabled, it needs to be green for the EA to work...I've attached a pic...Hope that helps.
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  • #471
  • Apr 17, 2011 4:53am Apr 17, 2011 4:53am
Quoting wheelbarrow
Here is the relative strength indi. What is your entry strategy?
I can't open this file.
When I opened it, it lead me to ms window and asking me to convert ex.file but I have no idea how.
Can somebody please help me to convert this file.

Thank you.
  • #472
  • Apr 23, 2011 9:00am Apr 23, 2011 9:00am
I just went through this whole thread from the original EA to the lasted update

I have added all to my MT4 platform and will be putting them through testing on Demo to see which work best.

What brought me to this thread was a wish list on a Break Even EA that booked profits:

Manual Entry
Break Even SL on first Target
Then be able to set further targets with trailing stop

Well this thread has delivered my wants so I'll just check out each EA to see which suits my trading.

Thank you to stockwet and moneybiz

stockwet is there a site that teaches to be able to code MT4 ?
  • #473
  • Apr 25, 2011 4:58pm Apr 25, 2011 4:58pm
Quoting Jd_trader
I have added all to my MT4 platform and will be putting them through testing on Demo to see which work best.
Today was light trading due to it being Easter Monday but tested two of the EA's

ManageTPv2-4 This still works today just have to add another digit for 5 number brokers. But one downside, if you set say your first target to take profit at 10 pips 0.10 then the trade moves to 15 pips moves back to 5 pips it will then take again 0.10 at 10 pips. Good EA even at today's standards

MTP_1.9 I really wanted this to work as it has sound but every thing I tried with the settings just made it close at open and sound the siren ? lost to why it not working.

Still to try the rest
  • #474
  • May 21, 2011 3:10am May 21, 2011 3:10am
Hi,

I would like to use this EA to manage the stops only, first to breakeven and then to secure some profit if the trade continues in my favour, can I do this?

Also what do I need to do to use this EA on a 5 digit broker?

Does this EA manage all the trades of different pairs or I have to attach it to every chart of all the curency pairs that I trade?

Hope someone can help me!

Thanks.

Sandro
  • #475
  • May 21, 2011 5:55am May 21, 2011 5:55am
Quoting tommbstone
I got pro active and asked the FEP guys and here is a copy of the ticket....
They still answering the same... I wrote to them quite the same request four or five months ago (other guy one year ago), and sent me the same answer as you receive... It doesn't work with ecn 5digit at all..some wrong digit counting there.. I thing that they will NOT bother to update it... I paid the coder to code my own EA.
  • #476
  • May 21, 2011 12:33pm May 21, 2011 12:33pm
The EA works perfectly well on a 5 digit ECN broker. Just add another zero at the end of each number off pips you specify. Say for 40 pips, write 400 pips. Hope it helps,

Thanks
  • #477
  • May 22, 2011 8:17am May 22, 2011 8:17am
Hi msjonah,

Thanks for your reply about the 5 digit broker question.

What about my other question about if this EA can manage all the trades of different pairs or I have to attach it to every chart of all the curency pairs that I trade?

Regards,
Sandro
  • #478
  • May 23, 2011 3:08am May 23, 2011 3:08am
Quoting sandropace
Hi msjonah,

Thanks for your reply about the 5 digit broker question.

What about my other question about if this EA can manage all the trades of different pairs or I have to attach it to every chart of all the curency pairs that I trade?

Regards,
Sandro
It is the same question if you ask "Will my mp3 player play music if I don't have inside music? Of course you need to atach it to the each chart, which you want manage. If ea is not used as bridge to some external program, you need to atacht it to the each chart (if ea do not have "magic number" you cant ride two or more trade from the same pair, only ONE)

http://www.google.com/url?sa=t&sourc...pnLZ8yT_iIsd0A
  • #479
  • May 24, 2011 12:33am May 24, 2011 12:33am
Quoting Deathless
They still answering the same... I wrote to them quite the same request four or five months ago (other guy one year ago), and sent me the same answer as you receive... It doesn't work with ecn 5digit at all..some wrong digit counting there.. I thing that they will NOT bother to update it... I paid the coder to code my own EA.
FEP said to add a zero for 5 dig. but it does work with alpari not sure about ECN though.
  • #480
  • Aug 17, 2011 4:45am Aug 17, 2011 4:45am
Hello I have a problem ..
I put first target 10 pips and increment 15 pips, but .. as you see in the picture, it closed at 10, 20 and 25 pips.. Why?

I want it closed at 10, then 25, then 40..

thanks
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