Indicators development for T101's not very simple method

re compile scripts
reboot computer
maybe it need an enema lol

If Orest or anyone can answer this question I would be very grateful.

Regarding the MT4 T101_v1.1x_orest.mq4 EA:

I was comparing the hourly (1 hour ago) timeframe with a 14-ccy basket I have opened in GFT Dealbook 360. I took a snapshot of my basket at 11:00 and compared it with the orest EA 1-hr column at 12:00.

I expected the pip gains & losses to be roughly the same but they were very different.

My question is:
When the 1-hr column of the Orest EA changes from
the 60th minute to the 61st minute what does the
EA actually do under the bonnet?

Does it:
(a) reset
(b) just keep reading the live data
(c) other (explain)

Or to pt it another way,

If I wanted to monitor a similar Orest MT4 1-hr timeframe
but in GFT Dealbook should I reset my dealbook ccy basket
every 60 minutes? (i.e. close all 14 trades and re open)
or just leave it running?

I don't think leaving it running is the right thing to do
because the accumulated pips increase considerably
over time compared to the pips shown in the 1-hr Orest EA column
(typcially +/- 40 pips max).

I know I am missing something but can't find the answer
(which is probably very simple).

If anyone does has the answer please enlighten me.
Cheers!

chroniclez

just set the options box as it is in the picture and it will be ok and make sure your lot size is not zero

it will work, i have seen that issue b4 after you reinstall mt4 all the boxes are cleared.

kos

Thanks Kos and dryclean.

I will try again when market reopens.

Hi Chroniclez

Try out this script made by Paul (Pah).

You can Buy/Sell and even set TP/SL with it.

I have not tested it yet, but knowing Paul's coding it should be fine.

Regards

Thanks George!

I will certainly test it out when market reopens.

Guys,

I tried all methods but I still can't execute my order scripts in FxOpen MT4.

I did manage to execute the TradeHedgeBuyAll once, but it only open 3 trades. Then, when I tried to execute the TradeHedgeBuyAll script again, it only says 3 orders executed but when I check my trades, its still 3, not 6. When I try SellAll, same problem with notification of 3 orders executed but only 3 trades I see.

I tried on a different broker IKOfx MT4 and the scripts work perfectly.

Weird indeed.

I take back my word regarding the other broker.

Apparently, it also has problems.

I can't open 0.01 lot trades.

Also, once I open say 14, I can't open any more trades.

The notification will appear "script open 14", but its the previous 14. Not the new trades.

Hi Chroniclez!

If its that, then its very simple, for you to open another 14 trades, YOU MUST CHANGE THE MAGIC NR to something different from that of the existing trades before clicking OK button.

kos

It is sort of a safety feature as to not pile on trades
I have 2 buy and 2 sell MPTM ea's running on 4 charts
1- 3 magic number for buy 2 - 4 magic number for sells
I can set my TP and SL TS to what ever I want

For example I might have a longterm buy running on Magic 1 with a TP of 100 and then a buy scalp set on magic 3 with a TP of 20 and I could put a retrace sell on magic 2 if I so desire

Thanks for the input!

Point noted. I usually use the trade comments when using MPTM EA. I should give magic number a try.

Version 2.0 of the T101 Basket Trading bot is now available from the first post at http://www.forexfactory.com/showthread.php?t=313360

This version includes, full hedging, full range of pending orders, ability for user definable alerts and auto trading logic

What about the kitchen sink?

Lol.

dryclean,

Are you using Jumping Stop or Trailing Stop in MPTM?

May I know your settings?

Thanks.

Dear Don,
You are right, your indicator, DonsHASreplacement is more responsiv than
HAS.I use it now on 1H offline chart.
I wish to combine it with an other of your indicator,ESTrader_IA_Don_071911,found in ESTrader thread-Simple Basket Trading System.
I wish to know if you have this indicator,but for original 14 pairs and
where we can change the starting date.

Thank you very much for your time
Regards,

Dan

Just TS

look at my attachments I know I uploaded my set file

if you can't find I can repost
basicly 56 SL and 60 TP with 75% TS all in the basket trade section of MPTM

Okay. I was hoping that you would use JS.

Same settings as mine just that my TS is set at 35%.

dansmol,

Thanks for mentioning the indicator I gave as a replacement. Another one of my "Rodney Dangerfield" "no respect" indicator gone by the wayside mainly. I'm glad at least one person decided to use it, and sees the value.

Well, I did ESTrader's indicator for him personally. Until today when you let me know, I didn't know it was out in wild. It was a spin-off from my indicator I made and posted for the 14 pairs, so I would recommend looking in this thread and check THE LAST VERSIONS of T101_backtest and T101_BuysVsSells indicators I posted, and you should see what you need.

FYI I also made ES trader an offline chart indicator to BUY his basket, which internally "buys" and "sells" currencies to do so (his basket is basically selling USD and adding one more pair to mix). This is different from the existing offline chart indicator that just "buys" all pairs to make offline chart.

Since ES Trader decided to share what I made for him personally (and without charge) without asking me, if you want the other indicator I made for him, he'll probably share it too (is this gratitude? oh well, my Lord will pay me, so share away I guess, since it doesn't matter if I want it shared or not, it gets shared anyways, and as always I did it for free and see nothing from all these gains people experience.

People have learned to code from me, or gotten indicators and/or EAs and/or money management equation from me that they are profiting with - for years now, and all they are willing to give in return are PICTURES of their gains, but do they share any EAs or gains? No. And on top of that, I "obviously" don't know what I'm doing, so didn't and don't deserve to have someone vouch for me as a knowledgable trader. See why I stopped sharing my code?!?! I'm obviously a "loser" in FF minds no matter what I do, so I stay withdrawn and will continue to do so unless personally asked a question most likely. I'm on unemployment - who cares right, but its fact - and building my personal system when not taking time off from years of being on coding hamster wheel for others with almost no appreciation nor reward seen. Again, see why I stopped sharing my code?!?! Sharing with "forex traders" or "forex forums" has brought me basically nothing in return for all I've done for others, so when I share again, it will be with those that have nothing, pretty much the same type of people who are in the same boat I am in right now financially. At least they will appreciate. So all of this has been a growth experience if nothing else. Years of being taught I can't trust in man to save me AT ALL, not even when pleading on a forum with supposedly the top earners in the most liquid market in the world. To me this speaks volumes about how selfish man is, and I see more and more everyday why Jesus didn't need man to tell Him anything, for He knew what was in man. Like I said, Jesus will take care of me (and I'm SO grateful not to be leaning on my arm or any other arm of flesh).

Of course, the indicator was made before the well-known offline indicator got fixed to be able to trade EA directly on offline charts in another thread (by a rocking coder who is on the ball!). Before that was done, an EA has to have chart name and timeframe of offline chart coded into EA, and EA put on online chart (at least that's the way I ever got it to work correctly). So kudos to new coder on the scene!

EDIT: I LOVE YOU ALL! THANK YOU ALL FOR NOT GIVING! THANK THE LORD FOR MY VERY SMALL ACCOUNTS THAT I NOW PREFER SMALL SO I CAN WORK WITH THEM WITHOUT FEAR AND BUILD THEM UP FROM HERE IN THE NAME AND BY THE SPIRIT, WILL, GRACE, LOVE, AND POWER THE LORD JESUS CHRIST! BECAUSE YOU ALL HAVE GIVEN SO LITTLE, MY WEIGHT IN GLORY IS LARGER, SO AGAIN I THANK YOU ALL AND MAY GOD BLESS YOU ALL!

Kind regards,

Don

hi & good day,
need help from you don, as I'm exploring trading the core 5 can you kindly share it here this dashboard indi.

thanks & rgds,
nahmy