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VO-Pro: Comprehensive visual order management system for MT4

  • #481
  • Aug 31, 2011 12:07pm Aug 31, 2011 12:07pm
Quoting hanover
Flyer,

VO-Pro may be registered for up to 3 different MT4 account numbers, per $69 license.

However, it's actually more lenient than that. If a demo account expires, and you open a new one, VO-Pro 'remembers' your previous account number, and hence there's no need to register any new accounts on that MT4 installation. However, if you were to completely re-install MT4, or install MT4 on another computer, then there would no longer be a record of the original account number for VO-Pro to check against, and hence you'd need to use one of your 3 allowable...
Hi,

Not if I understand well ..

With three record numbers, including license, if for some reason, I must reinstall the three accounts, for example by changing the broker;
¿I can recover and reuse licenses purchased for the new MT4 accounts, so I go back to have three installations allowed?.

this is so.?
  • #482
  • Aug 31, 2011 1:17pm Aug 31, 2011 1:17pm
Wanted to report a bug that I think I have reported before. I'm not sure if it was addressed or not but I had another trade on XAU/USD where I tried to split a position in 3 using "2%,1,1,1." Later, I realized the problem, the unit size was 0.02 lots. Instead of VO-Pro generating an error that my trade was erroneous (minimum lot size is 0.01) the lines on the chart simply vanished instantly without my order triggering. Usually there is a slight pause/delay as it fills the orders before the lines vanish, so when it did this without the pause I figured it was a script problem and not a broker issue. It took about another 4 attempts before I even realized what the problem was.

I think the app can really use an error message so that people don't think it's a problem with the script.

Maybe this was already added the last time I mentioned it? If so i'm not sure why an error message didn't appear. But it is easy enough to reproduce this on XAU/USD with an erroneous split.
  • #483
  • Aug 31, 2011 2:30pm Aug 31, 2011 2:30pm
Quoting deluna2189
Hello Hanover,

Well I think my trials are over and everything is run around.
I only care about the MT4 Build 406...
I work with Pepperstone live and they have the MT4 Build 399, and the platform is auto-updated to Build 406, without going through the Build 402 ...!!

With MT4 Build 406, VO Pro still does not work well, but other indicators also are delayed, so should be a matter of MT4 ..?

You see right, working with Build 399, or otherwise, ¿ how I can upgrade the 402 ..?


Thanks!
It's OK to stay with build 399 (or any build), if you are happy with the result, and the br0ker is placing your orders correctly. It seems that everything runs slower on build 406, i.e. it's a MT4-related problem. Since exactly the same version of VO runs fine on other builds, I am assuming that it is NOT a VO-related problem.
  • #484
  • Aug 31, 2011 2:45pm Aug 31, 2011 2:45pm
Quoting deluna2189
Hanover,

when I have activated the "Auto-execute", and such orders to create single market with "SL" unchecked "TP" and without "Entry"
How I can know if the command is run on "Buy" or "Sell" ..?
Deluna,

Simple answer: is to use the "market buy" or "market sell" preset.

If you don't specify an entry price in VOConsole (uncheck the checkbox next to Entry in the 'Create New Order' panel), then a market order will be created, i.e. the entry level is the current market price. If the SL is above entry/market, VO creates a sell order at the bid price; if the SL below entry/market, VO creates a buy order at the ask price.

To create your own SL options: If you click the wizard ('?' button) next to the SL field in VOConsole's 'Create New Order' panel, you'll see a number of options for placing the SL, e.g. above market, below market, etc. Experiment with these on a demo account, to see what each one does, before you try on a live account!!!

David
Attached Image (click to enlarge)
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  • #485
  • Aug 31, 2011 2:55pm Aug 31, 2011 2:55pm
Quoting deluna2189
A query;

Could not maintain the position of the text features over the line when modifying an order.?
I mean, that whenever we change an order and validate the parameters, in the next, go back to separate text, to the characteristic "Length" of each line, etc ...

It is not possible to keep the parameters? Especially, it is very annoying is that the text of the data is blocked by the line if for example we give
Width = 2, and each time, must be separated by moving the line up.

Could not maintain this separation for all the ordenenes...
Deluna,

Sorry, I'm not quite sure what you mean.

The position of the text relative to the line can change, depending on the height of the price window. This height is changed, depending on how many indicator sub-windows you have, or whether MT4's Trade Terminal is on/off, etc.

If you select a line, and 'tilt' it by moving the right handle (the little square) up/down, this will move the text up/down (the steeper the angle of the line, the faster the text moves). See attached screenshot. When you releasethe mouse button, the line snaps back into its original horizontal position, with the text adjusted. By doing this, you can have the text display below the line, if you prefer.

If you drag the left handle up/down, both the text and the line move. The line moves to the position where the left handle is dragged.

Obviously, dragging the middle handle simply moves the line up/down and left/right, anywhere you want it on the price chart.

To move the text right/left along the line, hold the SHIFT key down while dragging the right/left handles. This lengthens or shortens the line, while keeping the text in the center of the line. Then you can check VOConsole's 'Extend lines' option ON, if you wish, to extend the lines as rays to the right hand edge of the price chart.

You can also check VOConsole's 'Show RR text' on/off to turn the text on /off, if you wish.

David
Attached Image (click to enlarge)
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  • #486
  • Aug 31, 2011 3:10pm Aug 31, 2011 3:10pm
Quoting deluna2189
Hi,

Not if I understand well ..

With three record numbers, including license, if for some reason, I must reinstall the three accounts, for example by changing the broker;
¿I can recover and reuse licenses purchased for the new MT4 accounts, so I go back to have three installations allowed?.

this is so.?
Deluna,

The way the software is written, it allows for 3 MT4 account numbers. However, it is actually more lenient than this, as explained in post #174.

To register for more than 3 accounts would require multiple registration files. You could have a different registration file in each MT4 br0ker installation.

However, if I allow multiple registration files for a single $69 license, I have no control over possible piracy. In other words, it would be possible for somebody to tell me that he is running MT4 with several different accounts, when he is in fact giving away the registration files to other MT4 traders.

VO-Pro also has the option of being locked into a Windows computer ID, instead of MT4 account number(s). I am currently testing this possibility.

David
  • #487
  • Aug 31, 2011 3:15pm Aug 31, 2011 3:15pm
Quoting kosai
Wanted to report a bug that I think I have reported before. I'm not sure if it was addressed or not but I had another trade on XAU/USD where I tried to split a position in 3 using "2%,1,1,1." Later, I realized the problem, the unit size was 0.02 lots. Instead of VO-Pro generating an error that my trade was erroneous (minimum lot size is 0.01) the lines on the chart simply vanished instantly without my order triggering. Usually there is a slight pause/delay as it fills the orders before the lines vanish, so when it did this without the pause I...
Alex,

I do recall this, and I assume that I replied in the thread. I will try to find my response, it's probably several posts back.

There was probably a good reason why I didn't implement a fix, however I will definitely revisit the possibility.

Please also note that VO uses MT4's tick value parameter to calculate the number of dollars per pip, and consequently to calc the pos size. It seems that some br0kers have an incorrect tick value for metals and commodities, which is causing an error in VO's calculation. This has likewise been discussed earlier in the thread.

David
  • #488
  • Aug 31, 2011 4:27pm Aug 31, 2011 4:27pm
Quoting hanover
Deluna,

Sorry, I'm not quite sure what you mean.

The position of the text relative to the line can change, depending on the height of the price window. This height is changed, depending on how many indicator sub-windows you have, or whether MT4's Trade Terminal is on/off, etc.

If you select a line, and 'tilt' it by moving the right handle (the little square) up/down, this will move the text up/down (the steeper the angle of the line, the faster the text moves). See attached screenshot. When you releasethe mouse button, the line snaps back...

Hanover,

Thanks for the answers

If this is known by me, I meant:
1º Introduce the order and modify the text position.
2º Validate the entry of the order
3º Activate the Script "VO Modify Order".
4º The changes are not made ​​earlier.
You have to change it back if I see him well.

It's a small thing to consider, and just wanted to mention if you can keep the changes previously introduced.
  • #489
  • Sep 1, 2011 2:38am Sep 1, 2011 2:38am
Quoting deluna2189
Hanover,

Thanks for the answers

If this is known by me, I meant:
1º Introduce the order and modify the text position.
2º Validate the entry of the order
3º Activate the Script "VO Modify Order".
4º The changes are not made ​​earlier.
You have to change it back if I see him well.

It's a small thing to consider, and just wanted to mention if you can keep the changes previously introduced.
This is how it works:

1. Attach the 'VO Create New Order' script to your MT4 chart.

2. You can move the lines to whatever entry/TP/SL levels that you wish. You can also move the text (as explained in my previous post) if it makes things easier to read.

3. You must click the EXECUTE (green tickmark) button before you can attach the 'VO Modify Order' script, to modify the order.

I am sorry, I don't know what you mean by "4º The changes are not made ​​earlier.". Changes can only be made to the order (entry/TP/SL) in the MT4 terminal by clicking the EXECUTE (green tickmark) button. When you attach the 'VO Modify Order' script, the order's current entry/TP/SL levels (from the MT4 terminal area) are used as the starting point.

David
  • #490
  • Sep 1, 2011 7:06am Sep 1, 2011 7:06am
Sorry my English is not very good.
I'll try to explain:

* Graf-1: Start the creation of the order with Script "VO Create New Order"
* Graf-2: Modify the text position and also the position of the SL and TP.
* Graf-3: The order was introduced to click "EXECUTE"

So far everything is correct.

Then when I make a modification of the order with script "VO Modify Order", for example to a new level of SL / TP, we can see what happens as shown in graf-7 (last image) ....!!!

....... The text position, length of lines, etc., have moved and we must scroll the text back again to get to see as shown in graf-2, and can read the data correctly .

After correction, you click again on "EXECUTE" to enter the modified order, but if after we want again change the position of the levels of SL, it happens again, as shown on graf-7 (last image).

The question is:
Why you can not save as is displayed in graf-2 for all subsequent changes to the order ...?

Well, this is not a major issue, but wished clarify my query.

a greeting
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  • #491
  • Sep 1, 2011 2:46pm Sep 1, 2011 2:46pm
Quoting deluna2189
Sorry my English is not very good.
I'll try to explain: .......
Deluna, many thanks for your detailed explanation. I believe I understand now: you would like the text position saved so that, each time you later modify the order, it is in the same position above the line.

There is currently no way to get around this. However, I will think about how to make a fix, and maybe include it in a later release.

David
  • #492
  • Sep 2, 2011 6:26am Sep 2, 2011 6:26am
Hi Hanover,

I continue to have excessive delay in the execution of orders.
I am using a LIVE account and also a demo account with the broker Pepperstones with MT4-Build 399.
I can not upgrade to 402 because it directly upgrade to MT4 build-406 ..

What do you think ..

regards,
  • #493
  • Sep 2, 2011 2:28pm Sep 2, 2011 2:28pm
Quoting deluna2189
Hi Hanover,

I continue to have excessive delay in the execution of orders.
I am using a LIVE account and also a demo account with the broker Pepperstones with MT4-Build 399.
I can not upgrade to 402 because it directly upgrade to MT4 build-406 ..

What do you think ..

regards,
Deluna,

I downloaded Pepperstone MT4 from their web page. It was build 229. VO-Pro will crash MT4 if you attempt to run it on a build as early as 229. The only update allowed was to build 406. Hence I ran the Live Update. There were delays of around 5 seconds when attaching the 'VO Create New Order' script to a chart. I agree that for many people, especially scalpers who want to place many trades quickly, this would be unacceptable.

I can not make VO-Pro any more efficient without reducing its functionality, which I'm not willing to do. Unless you can find a version of MT4 that does not create delays, you will have to wait for the next build of MT4, and hope that MetaQuotes fixes the delay problem.

David
  • #494
  • Sep 3, 2011 9:14am Sep 3, 2011 9:14am
Agree Hanover,

I encviado Pepperstone an email to see if they can help me get a version of MT4-Build 402.

Be informed on the forum.

Regards,
  • #495
  • Sep 3, 2011 10:08am Sep 3, 2011 10:08am
just download version 402 from any broker. Then put your broker and account info in it. That is what I did with Alpari when they did not upgrade. No issues with them,
  • #496
  • Sep 5, 2011 2:21am Sep 5, 2011 2:21am
When I have it right Sell orders are connected to SL.

Ik like to know how to setup Sell orders without SL.

Chris
  • #497
  • Sep 5, 2011 4:07am Sep 5, 2011 4:07am
Quoting chrishoog
Ik like to know how to setup Sell orders without SL.
Chris,

Three possible ways:

1. Uncheck the SL box in VOConsole's 'Create New Order' panel before you attach the 'VO Create New Order' script to your chart. See attached screenshot.
OR
2. Click the wizard ('?' button) next to the SL, and select the NONE option at the bottom of the list. (All this does is clear the field and uncheck the box).
OR
3. After you've attached the 'VO Create New Order' script to your chart, select the SL line in the normal way. Then right click and select the Delete option, to delete the line. (Note: The lines created by VO are nothing more than MT4 trendlines).

Use the same logic if you want VO to create orders without TPs.

NOTE that if you're going to trade without a SL, you must enter the Trade Risk as a number of lots (as opposed to $ or %). That's because without a SL, the number of pips (and hence $ or %) worth of risk is undefined; hence the message "ERROR - Must have SL if Trade Risk is $ or %". You can adjust the Trade Risk before or after you attach the 'VO Create New Order' script to your chart.

You can permanently change the 'pending buy', 'market sell' etc presets, to operate without SLs, if you wish. Simply load the relevant preset from the dropdown list, uncheck the SL box as explained above (and make any other changes that you wish), and then click the Save button (in VOConsole's 'Preset buttons' panel - see screenshot). Click 'Yes' to the 'Are you sure?' message. Or you can create a new preset by typing in a new name in any empty field in the 'Preset buttons' panel before you click the Save button.

David
Attached Image (click to enlarge)
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  • #498
  • Edited 4:44am Sep 5, 2011 4:31am | Edited 4:44am
Thanks David,

It works fine for Market orders. But what to do for a Sell pending order with 10 TP. When I use Fix 10 then I get a Buy order. I do set Trade risk at lotsize.

Chris
  • #499
  • Sep 5, 2011 5:31am Sep 5, 2011 5:31am
Quoting chrishoog
Thanks David,

It works fine for Market orders. But what to do for a Sell pending order with 10 TP. When I use Fix 10 then I get a Buy order. I do set Trade risk at lotsize.

Chris
Chris,

The 'fix' option works differently in that the order type (buy or sell) defaults to the type of the last order that was actually placed - sorry if this is confusing. I'm afraid it's a limitation.

Simply select and move the TP line above or below the entry line, to change the order type from buy to sell, or vice versa. Then select and move the entry line to have the TP snap back to 10 pips. Experiment a little and you'll soon see how it works.

Another possible approach is to set the entry to the mouse 'drop point' (either use the wizard, or type * into the Entry field in VOConsole's 'Create New Order' panel). And then set the TP to 10 pips above the drop point (*+10) for a buy order, or 10 pips below the drop point (*–10) for a sell order. This pre-sets the order type to buy or sell, and the entry line to the level where you drop the script on the chart. But using this approach means that the TP is not fixed 10 pips away the entry line, as you move the latter around.

David
  • #500
  • Sep 5, 2011 8:47am Sep 5, 2011 8:47am
hi David,

I just got back to work (trading) this week and was doing a bit more testing with the VO Pro beta, but I'm having some trouble with it.

It's freezing MT4 on Pepperstone and Go Markets (Win7) when I select the VO Cleanup or Cancel Order tabs.

I need to restart the computer each time because I can't quit the program.

Also I can't change trade size, it seems stuck on 20%.

If you could let me know what I should do to get it running properly, I'd appreciate it.

Cheers
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