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Looking for trade manager EA

  • #1
  • First Post: Jun 6, 2012 7:34am Jun 6, 2012 7:34am
Hello all,

I am looking for an MT4 EA that will manage my trades that I open manually.

I would like to apply the EA to my chart when I open a position and for the EA to move my position to BE at a certain amount of pips and at the same time close off 30% of that position.

Even better if I can set yet another take profit for another 30% after price has moved a user selectable amount of pips.

I have had a look at Mauro trailing but there is no TP facility.
lvoe 1.6.1 does not give the option to close out a %.

Regards
  • #2
  • Jun 6, 2012 9:53am Jun 6, 2012 9:53am
try one of these,i like quick tailing..

Attached File(s)
File Type: ex4 THV CaveManager v1.41.ex4   63 KB | 2,132 downloads


Attached File(s)
File Type: ex4 Quik_Trailing.ex4   19 KB | 2,522 downloads

Attached File(s)
File Type: mq4 Multi purpose trade manager.mq4   106 KB | 2,250 downloads

Attached File(s)
File Type: doc Quik Trailing.doc   34 KB | 3,461 downloads
  • #3
  • Edited 7:28am Jun 7, 2012 3:47am | Edited 7:28am
Thanks a lot for the reply.

I had tried an earlier version of Quic Trailing but it would not work.
The version you posted looks perfect.

Editing because it appears the EA is not working properly on my charts.
I have EA's enabled, smiley face in right corner.

It sets my S/L and T/P correctly and the red dotted lines show up on the chart as they should.
But it is not taking partial profit when it should.
I have it set to "True, First take profit at 20.0, take proft % 50".

It is also not moving to BE with settings "True, lock pips 1.0, set break even at 20.0".
  • #4
  • Jun 7, 2012 8:01am Jun 7, 2012 8:01am
if you are testing this on a micro ac make sure you have "account is micro" option set to true...and no pdf sorry.

I'm attaching the THV CaveManager EA v1.41 pdf file,might help ...
Attached File(s)
File Type: pdf THV CaveManager EA v1.41.pdf   103 KB | 3,651 downloads
  • #5
  • Jun 7, 2012 10:10am Jun 7, 2012 10:10am
Quoting Coolleen
if you are testing this on a micro ac make sure you have "account is micro" option set to true...and no pdf sorry.

I'm attaching the THV CaveManager EA v1.41 pdf file,might help ...
I have tried Quik trailing on a demo acount and 2 live accounts where I have had EA's working for a long time.

I am using 0.1 lots on 1 account and 0.03 on another account, both would be classed as mini account I think?

0.001 would be a micro account as far as I understand.
  • #6
  • Jun 7, 2012 11:36am Jun 7, 2012 11:36am
Here is a test i did today.short 0.10 lots,1st tp 50% at +30pips. and stop to b.e and it worked.i'll do more testing and report.

i think if you manually change the stoploss or tp that is initially set by the ea or was set by you before you enable the ea,then the ea doesn't work. removing and reattaching the ea solves the problem.

http://i.imgur.com/VWHdZ.jpg.
  • #7
  • Jun 7, 2012 12:17pm Jun 7, 2012 12:17pm
You efforts are much appreciated.

I wonder if me having other open trades on the chart that I apply Quik Trailing to are causing the problem.

Did you set "account is micro" to true or false for your 0.10 position?
  • #8
  • Jun 7, 2012 1:56pm Jun 7, 2012 1:56pm
Quote
Did you set "account is micro" to true or false for your 0.10 position?

yes, it was set to "true". set this to false only if you trade with standard 100k lots.

Quote
Magic Number

Quik_Trailing works with trades using magic number = 0. (Manual Trades)
This means you can have multiples Trades opened on the same and/or different pairs, set-up the parameters different for the
different charts, and place trades with different stops and TP's depending on which chart/TF/pair you have a signal and that
the EA's WON'T interfere with each other or others EA's.


personally, i use this ea to set auto stop and t.p levels.i scale in with multiple positions,and the ea by default automatically sets 100pips tp and 50 pip stoploss for each new position .i then drag the tp or sl lines up or down if required.i never used the 1st tp option for multiple open positions on the same chart so i don't know if that is causing the problem.
  • #9
  • Jun 7, 2012 2:23pm Jun 7, 2012 2:23pm
Many thanks, it looks like you were right.
When I initially opened the position I was manually setting a stoploss, then applied the EA later.

I just tried applying the EA as soon as I opened a position and it did take 30% off a +20 pips and moved stop loss to BE which is what I wanted.

You kind of answered my next query too, I also scale in on dips and wondered if the EA would take care of all the positions on the chart without the need to reapply the EA.

Thanks a lot.
  • #10
  • Jun 8, 2012 9:52am Jun 8, 2012 9:52am
it will set the sl and t.p for all new positions that you open manually. Better keep an eye on it as this ea is 4 years old ,and malfunction sometimes.
Alternatively you can use multipurpose trade manager,too many options.please refer to the pdf for explanation/instructions.
Attached File(s)
File Type: pdf Multi purpose trade manager instructions.pdf   109 KB | 1,657 downloads
  • #11
  • Jun 8, 2012 1:43pm Jun 8, 2012 1:43pm
If you are still looking for a simple but versatile trade manage EA, take a look at one of my EAs on this thread called "Complete Trade Manager", read post 1 for a quick overview. I do not believe it has bugs, able to handle 4 or 5 digit broker, ENC and non ECN automatically. Start with v2-a, can install initial stop and tp, also have break even, trailing stop and partial close.

http://www.forex-tsd.com/metatrader-...our-needs.html

There is video demo on related posts. Let me know if you experience problems.
Wise-EA MT4 Programming
  • #12
  • Jun 6, 2016 11:15pm Jun 6, 2016 11:15pm
The Quick trailing is placing SL at 50pips and TP at 100pips even if the automatic SL option is set to false if i set to true it place the SL and TP at different distance, that doesn't make any sense.
It did on both my buy and sell on eur/usd and only on the buy on GBP/JPY.
  • #13
  • Jul 9, 2016 12:51am Jul 9, 2016 12:51am
Quoting Surikat
The Quick trailing is placing SL at 50pips and TP at 100pips even if the automatic SL option is set to false if i set to true it place the SL and TP at different distance, that doesn't make any sense. It did on both my buy and sell on eur/usd and only on the buy on GBP/JPY.
I have not used it in a while, but if I recall correctly, you can drag the SL and TP to whatever levels you prefer.
  • #14
  • Jul 10, 2016 11:08am Jul 10, 2016 11:08am
is there any way to close all open trades in mt4
  • #15
  • Last Post: Nov 2, 2018 4:10am Nov 2, 2018 4:10am
any of the above trailing stop EA works?
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