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Trade-Management-EA with Hidden SL and TP

  • #81
  • Edited Jun 12, 2012 6:17am Jun 11, 2012 11:42am | Edited Jun 12, 2012 6:17am
Quote
- Move_Text_to_L_or_R is nice but can we use here negative values in order to set the text to the right (not to the left)? Tried it but text stays at actual candle (like it is when setting 0 here)
Negative values are not possible, therefore I modified the EA.


Edit: version 2 showed bugs.

But nevertheless, I will stop updating this EA because I worked on
getting better buttons (real buttons) into it.
Real buttons must not be marked and moved like the emulating buttons in Mt4.
( The emulated buttons give problems when trendlines or other graphical objects are near them.
Sometimes it is almost impossible to click and drag the emulated button and for scalpers
that is bad.
The real buttons solve that. Just click on them and the action takes place)

I will start a thread when I am ready with the real button trade manager.
In my own thread I can post the latest version on posting # 1 in the thread and not having it spread all over the thread.

Thanks for the feedback.

Here is a preview of the real button TradeManage-EA

Attached Image
  • #82
  • Jun 11, 2012 12:01pm Jun 11, 2012 12:01pm
Quoting Jagg
- Is micro lots trading possible?!
Yes.
LotSize = 0.01

Quote
I trade no forex but cfds on indices (dax for example). On Dax we have a ticksize of 0.5.
I have no idea what that means.
I only trade Forex.

Quote
When I do a market long and the dax goes into profit and reacheas my Deafult_TP_Pips the EA closes the trade completely. What I thought it should do according to my settings is it should close 0.05 lots and trails the other 0.05. Did I something wrong with my settings?
Yes.
But you did not show all of your settings, therefore I have to guess.
If you want partial close at TP, you must select Use_TP2 = true.
Did you do that ?

The EA has to know exactly what you want, it cannot read your mind.

If you tell it "Use_TP2 = false" but you want a partial close at TP, that makes not sense and the logic inside the EA is designed for settings which make sense.
I thought about coding a plausability-check, but my time is limited and since I know exactly what each setting is doing, I donīt need such a check.

I suggest that you train on strategy tester with the EA.
The normal TradeManage-EAs cannot be tested on strategy tester, they need either an existing order or they place an order but only on forward = real time chart.

Since I was tired of using special tools for backtesting a manual strategy, I coded this EA with the feature to use it in backtesting.

Quote
Also I have to put in 800, 700, 100 as pip values in your EA. In every other this would be 80, 70, 10 (dax trades at 6197 for example, tick size 0.5, so next price above 6197 would 6197,5 next 6198 and so on).
I have no solution to that.
The EA works on forex pairs, regardless of 4-digit or 5-digit brokers. It is made for that only.

Quote
- In above settings the BE line was shown 350 away from my entry?! What I thought according to the settings this should be 100 away, not 350.
On Forex pairs is works correct.
  • #83
  • Jun 12, 2012 2:43am Jun 12, 2012 2:43am
Thanks for that fast update... had indeed forgotten to set Use_TP2 to true. Done that now. But few problem(s) still exists, I've sent you a PM with details and videos so it should be easier for you to see what I mean.

Also the text on the order lines in the chart are totally gone now with v5.2!
  • #84
  • Jun 12, 2012 3:11am Jun 12, 2012 3:11am
Quoting Jagg
Thanks for that fast update... had indeed forgotten to set Use_TP2 to true. Done that now. But few problem(s) still exists, I've sent you a PM with details and videos so it should be easier for you to see what I mean.

Also the text on the order lines in the chart are totally gone now with v5.2!
PM sent.

The text on the order lines work for me. I can move them left and right
of the active bar.

As I mentioned in the PM, the EA is only tested and designed for normal Forex pairs, not for indices or other things.
And since I will never trade that stuff, I cannot take the time to include such exotic things into the EA.

But there might be a solution for you.
http://www.forexfactory.com/showthread.php?t=280437

hanover is one of the best coders I know of.
His coding-skills are so good that I would probably need many years to get to his skill-level.
I am sure he can easily solve everything for you.
  • #85
  • Jun 12, 2012 6:21am Jun 12, 2012 6:21am
I stopped updating this version of the EA.
An improved version is about to be posted. It has real buttons instead of simulated mt4 buttons.

Here is a preview:

Real button trade manage EA
  • #86
  • Jun 12, 2012 6:50am Jun 12, 2012 6:50am
Quoting fxtr51
I stopped updating this version of the EA.
An improved version is about to be posted. It has real buttons instead of simulated mt4 buttons.

Here is a preview:

Real button trade manage EA
Really nice!!! Thanks for that info. I also sent you another detailed PM about the use_tp2 problem (but you wrote above in your edit that v5.2 is buggy so I hope that use_tp2 problem is also gone with your new button version).

Thanks for all!
  • #87
  • Jun 18, 2012 6:14am Jun 18, 2012 6:14am
hi fxtr51
I dont understand what has gone wrong with the EA. As soon as i place a
trade it opens the trade and immediately goes into reset mode.
  • #88
  • Jun 18, 2012 8:15am Jun 18, 2012 8:15am
Quoting wadera
hi fxtr51
I dont understand what has gone wrong with the EA. As soon as i place a
trade it opens the trade and immediately goes into reset mode.
I donīt use it because I work on the new one.
I have no time left to support the old one anymore.
  • #89
  • Jun 18, 2012 8:29am Jun 18, 2012 8:29am
ok.
so when are you sharing it?
  • #90
  • Jun 18, 2012 8:45am Jun 18, 2012 8:45am
Quoting wadera
ok.
so when are you sharing it?
When it is ready.
Can take a few days or weeks, I donīt know how much free time Iīll find to code it.
  • #91
  • Jun 25, 2012 4:18am Jun 25, 2012 4:18am
hi fxtr51
Any news or update about your new project?

Cheers
  • #92
  • Jun 25, 2012 6:52am Jun 25, 2012 6:52am
Quoting wadera
when i place the market order the trade closes immediately and following shows up in experts box in terminal.

Stealth_TradeManager_fxtr51_V5.1 EURUSD,M5: orderCloseReliable(): Permanent Error: 4051 invalid function parameter value. giving up.

Also there is another request.i have straddle EA which places only stop orders,can it be made to place limit orders as well.Can you make it stealth as well ?
Hello wadera
you mentioned a straddle EA for stop orders. I have been looking for a stable one of these for some time. Would you please share?
Thanks
AndyG
  • #93
  • Jun 25, 2012 8:34am Jun 25, 2012 8:34am
Quoting AndyG
Hello wadera
you mentioned a straddle EA for stop orders. I have been looking for a stable one of these for some time. Would you please share?
Thanks
AndyG
Sure
Attached File(s)
File Type: ex4 TS.ex4   5 KB | 1,166 downloads
  • #94
  • Jun 25, 2012 9:03am Jun 25, 2012 9:03am
Thank you. Will give it a try.
AndyG
  • #95
  • Jun 25, 2012 10:38am Jun 25, 2012 10:38am
Quoting wadera
hi fxtr51
Any news or update about your new project?

Cheers
It takes much time because I never worked with the Win API
and strange things happen.
Mt4 crashes hundreds of times and I change this and that , have to debug the monster and then it works, but strange enough, next day it crashes Mt4 again.

Over the weekend I had a version ready which did not crash Mt4,
but today that version suddenly crashed it again.
It doesnīt make sense but this is driving me crazy.

Anyway, I will not go back to the emulated buttons.
Cannot tell you how long it will take.
  • #96
  • Jun 25, 2012 2:40pm Jun 25, 2012 2:40pm
No problem we can wait,please keep up,you have already produced a good tool.

Cheers
  • #97
  • Jun 25, 2012 4:22pm Jun 25, 2012 4:22pm
Hi
fxtr51

I'm new to MQL4, therefore not able to contribute.

Last year I developed a very similar program for myself to control MultiCharts

In order to isolate the two programs from crashing each other I used
a very simple memory block sharing scheme using 50 * 20 string characters (send-data)
and 50 * 20 characters (receive-data). ( never ever crashed ).

I used the CreateFileMapping windows API

Good luck with your project.
  • #98
  • Jun 28, 2012 5:41am Jun 28, 2012 5:41am
hi fxtr51
Is it possible that the lines drawn for tp and sl adjust for broker spread automatically?
It so happens that sometimes the actual price come right to the sl but due to the spread difference the sl is exceeded and executed.
  • #99
  • Jun 28, 2012 5:48am Jun 28, 2012 5:48am
Quoting wadera
hi fxtr51
Is it possible that the lines drawn for tp and sl adjust for broker spread automatically?
It so happens that sometimes the actual price come right to the sl but due to the spread difference the sl is exceeded and executed.
This is confusing, wadera.
How should the level be adjusted ?

Should it jump, adding the spread ?
Then tp and sl would never trigger.
  • #100
  • Jun 28, 2012 8:34am Jun 28, 2012 8:34am
hi
i am attaching an example to show what i mean.
is it possible that the EA has a command that where the sl line is placed/showing,the price has to cross the spread pip distance before it triggers?
Attached Image
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