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Trade-Management-EA with Hidden SL and TP

  • #21
  • May 7, 2012 11:21am May 7, 2012 11:21am
Thats not a problem, to fill in 66,66%, just that it works.

But a "close_x_ lots" option wont hurt at all, yes
Thoughts are things
  • #22
  • May 7, 2012 11:54am May 7, 2012 11:54am
Quoting Quezoy
Thats not a problem, to fill in 66,66%, just that it works.

But a "close_x_ lots" option wont hurt at all, yes
It works.

You can test the EA in strategy tester.
It has a reset button and you can trade in strategy tester as long as you want.
  • #23
  • May 7, 2012 12:24pm May 7, 2012 12:24pm
mate, if its not a problem, could you also add additional TP options?

1st is at BE and then maybe additional 2-3? Like, you trade 6 lots and want to take 3 at 1.27, 2 at 1.275 and 1 at 1.28. You know what I mean

Cause I trade daily TF and if I can also specify all TP targets it would really be set and forget

No rush, just if you have time some day. Its a great ea already as it is.
Thoughts are things
  • #24
  • Edited 7:31am May 8, 2012 5:20am | Edited 7:31am
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-05-08_1540.png Size: 35 KB

plz improve these and also add option of true-false for hidden or fixed (sl tp),because for hidden we need to run mt4 all time ,but for technical trading using VPS is not good idea for me
  • #25
  • May 8, 2012 7:06am May 8, 2012 7:06am
Maybe stupid question but... does the ea work if MT4 is not open?
Thoughts are things
  • #26
  • May 8, 2012 7:54am May 8, 2012 7:54am
Quoting Quezoy
Maybe stupid question but... does the ea work if MT4 is not open?
No EA works when Mt4 is shut down.

An EA needs ticks ( = new price quote from the broker ) to work.
That is only possible when Mt4 is open and the market is open.
  • #27
  • May 8, 2012 7:56am May 8, 2012 7:56am
Thats what i thought, but better to ask.
Thoughts are things
  • #28
  • Edited May 9, 2012 12:36am May 8, 2012 8:00am | Edited May 9, 2012 12:36am
Quoting rajivzzz
Attachment
plz improve these and also add option of true-false for hidden or fixed (sl tp),because for hidden we need to run mt4 all time ,but for technical trading using VPS is not good idea for me
The modified EA is attached.
Profit/Loss is shown in Dollars already, not in Pips.

It is fully stealth and thus needs Mt4 to be turned on.

I have a non-stealth Trade-Manager posted in another thread:
http://www.forexfactory.com/showthread.php?t=351370

Adding an option for true-false for hidden will take time.
Attached File(s)
File Type: ex4 Fully Stealth Trade Manager_V2.ex4   49 KB | 2,071 downloads
  • #29
  • May 8, 2012 8:13am May 8, 2012 8:13am
On pairs which are "slow" ( new price-quotes from the broker come only every 5 to 10 seconds ) , every EA which lets you move lines and displays distances like mine, has problems with updating the values.

There is a solution to this.

You can download a free tool which will send ticks every time-interval you choose and this allows the EA to send a market order for example although there is no new tick from the broker.
( it is not my website, I found it and recommend it because the tool is very good )

https://www.fx1.net/wiki/pmwiki.php/MT4Ticker/MT4Ticker

I would not trade on a live account without this tool in the background, especially when scalping.
  • #30
  • May 8, 2012 9:17am May 8, 2012 9:17am
Quoting fxtr51
On pairs which are "slow" ( new price-quotes from the broker come only every 5 to 10 seconds ) , every EA which lets you move lines and displays distances like mine, has problems with updating the values.

There is a solution to this.

You can download a free tool which will send ticks every time-interval you choose and this allows the EA to send a market order for example although there is no new tick from the broker.
( it is not my website, I found it and recommend it because the tool is very good )

https://www.fx1.net/wiki/pmwiki.php/MT4Ticker/MT4Ticker...
@fxtr51:
Thanks for that Tool.Superb.
What is the difference to FF-member "ROOICOOL" 's Script :
" Improve MT4 Order Execution Speed By 500 ms " ?
Thanks for your answer.
Greetings Zack

Note:the Script from "ROOICOOL" ' s Script is faboulous.
  • #31
  • May 8, 2012 11:58am May 8, 2012 11:58am
The EA is not driven by that script, it is driven only by new ticks.
The tool I recommended simulates a new tick and the EA "wakes" up and is doing what it is supposed to do.
It doesn´t have to wait for a new tick coming from the broker server.

The effect of the tool:
The EA will adjust lines very fast and it will send a open market order or a close order without needing a new tick from the broker.
-----> it speeds up all the EA is doing

The effect of Rooicool script:
If the EA is sending a market order or a close order, the order will arrive faster at the broker-server.
-----> it speeds up order execution but has no effect on the adjustment of order-lines of the EA
  • #32
  • May 8, 2012 12:27pm May 8, 2012 12:27pm
Thanks for the explanation .
Greetings Zack
  • #33
  • May 9, 2012 12:47am May 9, 2012 12:47am
Quoting rajivzzz
plz improve these and also add option of true-false for hidden or fixed (sl tp),because for hidden we need to run mt4 all time ,but for technical trading using VPS is not good idea for me
Option of true_false for hidden or fixed only makes sense for 1 TP.
It is impossible in Mt4 to send more than 1 TP to the broker to have the order permanent on the broker server.
It is either a full stop (the whole position will be closed when TP is hit)
or no TP at all.

In order to close parts of the position at several TP-levels, Mt4 must run and the EA must be attached.

Questions to you:
1. Do you need only 1 TP ?
2. Do you use partial closure at Breakeven ?

Attention: Closing part of your position at Breakeven as well as using the breakeven function is only possible in Mt4 with an active Mt4.
There is absolutely no way to do these kind of things without having the Mt4 running and the EA attached all the time.
  • #34
  • May 9, 2012 8:17am May 9, 2012 8:17am
Quoting fxtr51
Option of true_false for hidden or fixed only makes sense for 1 TP.
It is impossible in Mt4 to send more than 1 TP to the broker to have the order permanent on the broker server.
It is either a full stop (the whole position will be closed when TP is hit)
or no TP at all.

In order to close parts of the position at several TP-levels, Mt4 must run and the EA must be attached.

Questions to you:
1. Do you need only 1 TP ?
2. Do you use partial closure at Breakeven ?

Attention: Closing part of your position at Breakeven as well as using...
yes only 1 TP that is fixed,and did not need BE
  • #35
  • May 9, 2012 8:49am May 9, 2012 8:49am
Quoting rajivzzz
yes only 1 TP that is fixed,and did not need BE
Ok, that is fine.
The attached EA is doing what you need.

Please test on demo first.
I take no responsibility for errors and possible losses.

Let me know if you find errors.
Attached File(s)
File Type: ex4 Stealth_TradeManager_fxtr.ex4   53 KB | 1,126 downloads
  • #36
  • May 11, 2012 8:53am May 11, 2012 8:53am
Quoting zackery
That's awesome form both you .
Thanks a lot.
Will check the EA's out.
Zack
What is the result of your check ?
  • #37
  • May 14, 2012 6:37am May 14, 2012 6:37am
wonder how to install that exe file, i mean in which dir ? (note: mt4 is running via wine here)
  • #38
  • May 14, 2012 7:04am May 14, 2012 7:04am
Quoting dinofx
wonder how to install that exe file, i mean in which dir ? (note: mt4 is running via wine here)
"mt4 is runing via wine here" ?
Never heard that mt4 can run with wine.
Your translation machine ?

An EA belongs into the Experts folder in Mt4.
After you copied it into that folder, you must restart Mt4.
  • #39
  • May 14, 2012 9:59am May 14, 2012 9:59am
hi fxtr51

can you mod easy button submit and closed order ?
  • #40
  • May 14, 2012 10:01am May 14, 2012 10:01am
Quoting hungmike86
hi fxtr51

can you mod easy button submit and closed order ?
I have no cristall ball and cannot read your mind.
Therefore I have no idea what you have in mind.

Tell me exactly and with a clear description what you are thinking of , then I can do something.
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