Need help to modify Ping Pong EA | Forex Factory

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Need help to modify Ping Pong EA

  • #1
  • First Post: Dec 14, 2014 3:54am Dec 14, 2014 3:54am
Hi there ,

Guys i have already an EA which was coded my a member from this forums . Thanks you rockit .

But since i am not a coder i need to make some modifications but can't succeed.

If there is someone who can help i will be very grateful.

Detailed example :

1. If condition met first order is opened buy or sell. For example let say buy.
2. Now we have an buy order at 1.30000 and TP is 1.34000 lot 0.1
3. If price goes down by 100 pips (adjustable) to open opposite order with martingale (adjustable). for the example it will be sell as soon as the first was buy.
4. Now we have two orders one buy at 1.30000 lot 0.1 TP 1.34000 AND one sell at 1.29000 lot 0.2 TP 1.28000.
5. Now every time prices reaches 1.30000 to open buy order and when price reaches 1.29000 to sell . Always every next order lot should be multiplied.
6. After some steps (adjustable) i want EA to open last order to equalize lots on both sides and as soon as TP is hit from any side to close all orders and start over again.

I hope explanation is detailed. Of course any additional details if needed i will provide.

Thanks in advance if any help provided.
  • #2
  • Dec 14, 2014 4:00am Dec 14, 2014 4:00am
In other words, you are trying to ruin your account quicker ... Right ?

More seriously, the way you want the EA to act (martingale) will put your account in very bad situation soon or later. I would highly suggest you to be very carefull if you plan to use this money management on Live account.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Dec 14, 2014 4:13am Dec 14, 2014 4:13am
Quoting FerruFx
In other words, you are trying to ruin your account quicker ... Right ? More seriously, the way you want the EA to act (martingale) will put your account in very bad situation soon or later. I would highly suggest you to be very carefull if you plan to use this money management on Live account.
If you are a coder code this EA with all settings i mention adjustable and i will open an account with monitoring to see the results .

Keep in mind that i am trading quite long time to believe that martingale will take me to the top. BUT when it is used correctly (MM) that it can be helpful.

With a gun you can kill yourself BUT if you use it correctly it can save your life .

So make me a favor if you can code it do it if not move to the next thread no need for advises.
  • #4
  • Dec 14, 2014 5:27am Dec 14, 2014 5:27am
You won't have much help by reacting like this. I was just giving opinion with no disrecpect ...

A discussion must be in both ways to be constructive.

Anyway, wish you all the best ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #5
  • Dec 14, 2014 9:02am Dec 14, 2014 9:02am
Quoting FerruFx
You won't have much help by reacting like this. I was just giving opinion with no disrecpect ... A discussion must be in both ways to be constructive. Anyway, wish you all the best ...
I felt your comments was full of disrespect . i know exactly how to build a discussion to be constructive but i don't feel you started that discussion in the correct way , never mind .

Now if i don't get any help on this thread be sure that i will find a solution for that . Look i am trading this way manually on LIVE account so i will be not here to lose my time or someone else's just for testing a idea that i come up with.

But if there will be a person who wants to help me believe he won't lose his time.

Concluding i have nothing personal with you and wish you all the best too ....
  • #6
  • Dec 14, 2014 9:07am Dec 14, 2014 9:07am
Quoting alex8585
{quote} I felt your comments was full of disrespect .
Definitively not my intention ... So please accept my apologize.
MT4/MT5 EAs/Indicators/Alerts coder
  • #7
  • Dec 14, 2014 9:15am Dec 14, 2014 9:15am
Quoting FerruFx
{quote} Definitively not my intention ... So please accept my apologize.
I suggest just to bypass it and not to pay attention to things like that it was just a misunderstanding.

Now i hope to find someone who can really help me to develop an EA who really would do the most job automatically because i really don't believe in total automation because it is impossible (in my opinion). But if it could do the 60% or more it would provide me some little time with my children.
  • #8
  • Dec 14, 2014 11:20pm Dec 14, 2014 11:20pm
Guys noone can help on this matter ?
  • #9
  • Dec 15, 2014 3:00am Dec 15, 2014 3:00am
Quoting alex8585
Guys noone can help on this matter ?
If you get no response here, and you need the work done urgently, you could try googling something like "mql4 programming service". There are many programmers who would be happy to code your EA for you, if you are willing to pay. Some will work for as little as $20/hour.

Since your strategy is profitable (you say that "martingale will take me to the top"), you will recover the cost by simply running the EA on a live account.
  • #10
  • Dec 15, 2014 3:24am Dec 15, 2014 3:24am
Quoting hanover
{quote} If you get no response here, and you need the work done urgently, you could try googling something like "mql4 programming service". There are many programmers who would be happy to code your EA for you, if you are willing to pay. Some will work for as little as $20/hour. Since your strategy is profitable (you say that "martingale will take me to the top"), you will recover the cost by simply running the EA on a live account.
  • #11
  • Dec 15, 2014 5:07am Dec 15, 2014 5:07am
Quoting hanover
{quote} If you get no response here, and you need the work done urgently, you could try googling something like "mql4 programming service". There are many programmers who would be happy to code your EA for you, if you are willing to pay. Some will work for as little as $20/hour. Since your strategy is profitable (you say that "martingale will take me to the top"), you will recover the cost by simply running the EA on a live account.
Please be so kind to read carefully before saying something.
"Keep in mind that i am trading quite long time to believe that martingale will take me to the top" which means exactly the opposite of what you understood.

Believe me that i know how to use google no need of advices.
  • #12
  • Dec 15, 2014 5:08am Dec 15, 2014 5:08am
Quoting Akvisto
{quote}
Another smart guy.
  • #13
  • Dec 15, 2014 5:17am Dec 15, 2014 5:17am
Quoting alex8585
{quote} Another smart guy.
Maybe not so smart like you, but for sure more decently asking other human for help.
You dont need really help, just another "smart" guy to do the work for you...
  • #14
  • Dec 15, 2014 5:35am Dec 15, 2014 5:35am
Quoting Akvisto
{quote} Maybe not so smart like you, but for sure more decently asking other human for help. You dont need really help, just another "smart" guy to do the work for you...
Thanks for your advice.

I didn't saw no where in your post offering any help. Until smileys are considered helpful. I asked specific thing to what i didn't got an asnwer that all. I didn't started begging no one for help.

If you really believe that i leave in an illusion why don't you take the stake to code it i will open live account with monitoring on fxbook with all the data open and see who is right and who is wrong.

I knew from the very begging that people will laugh that with martingale your account will be zero one day. My answer is TOTALLY YES with 100% gurantee but with the correct MM you can stay in PROFIT .

I trade to stay in profit so simple. In my opinion don't judge people because one day you will be judged.

My request is quite simple for a coder so why don't you code it for me and leave me in my illusions . It will be money lost not yours why so wonder. Definetelly in Forex people like me are vital so help me please in order to have to take money from someone.

Thanks in advance.
  • #15
  • Dec 15, 2014 6:01am Dec 15, 2014 6:01am
Quoting alex8585
Definetelly in Forex people like me are vital so help me please ...
You made my day
MT4/MT5 EAs/Indicators/Alerts coder
  • #16
  • Dec 15, 2014 6:07am Dec 15, 2014 6:07am
Quoting FerruFx
{quote} You made my day
According to previous posts people believe that i am newbie and that gonna lose my money quick. That means that i will be part for the needed liquidity in Forex. Because that is the truth without LOOSERS there can't be any kind of market not only Forex.

So why people try to protect me instead of taking my money , still can't figure out.

Do you have any idea why ???
  • #17
  • Dec 15, 2014 8:54am Dec 15, 2014 8:54am
Quoting alex8585
{quote} Thanks for your advice. I didn't saw no where in your post offering any help. Until smileys are considered helpful. I asked specific thing to what i didn't got an asnwer that all. I didn't started begging no one for help. If you really believe that i leave in an illusion why don't you take the stake to code it i will open live account with monitoring on fxbook with all the data open and see who is right and who is wrong. I knew from the very begging that people will laugh that with martingale your account will be zero one day. My answer...
As i am not a coder for MT4, i can not help with coding... but...

i am not long here and i am often wondering how polite, how kindly and how much willing to help the people are at this forum...
an specially people like Ferru or Hanover, people which have a hugh knowledge and are for sure one of the best coder in that MT4 world.

And when they tell you, that this is not such a good idea, in your place i would come down from my big horse and try to make a good relation and communication with them, to get more knowledge and probably better ideas.

So i am out here...wish you luck that you find what your are searching for...

Kind regards

Akvisto
  • #18
  • Dec 16, 2014 3:00am Dec 16, 2014 3:00am
http://www.forexfactory.com/showthread.php?t=300863


http://www.forexfactory.com/showthre...60#post4727060
  • #19
  • Dec 19, 2014 2:08am Dec 19, 2014 2:08am
Quoting Akvisto
http://www.forexfactory.com/showthread.php?t=300863 http://www.forexfactory.com/showthre...60#post4727060
Look when you achieve something it is difficult to prove to other person that fact because he don't do it by himself.

Here i will repeat my self by MARTINGALE it is impossible not ruin your balance i know that 100 % without any doubt.

Let me explain my idea generally because it seems no one gonna code it so no point to explain details.

Lets say you have an edge of 60% . risk ratio can't be fixed (in my opinion) because the market can't offer you what you expect but only what it wants . But let's assume 1:1. of course this is dynamic if you gonna use trail stop , but for the example ignore it.

Now what will happen if you split your stop loss of x% in martingale steps but the overall stop will not exceed the x% stop.

Guess will your edge of 60% be increased ?
Will this be more profitable. ?

These are rhetoric questions of course.

Of course this is not a trading plan but the general idea.

I really don't have intention to play it smart guy but can you or anyone else really mention where is my mistake or disadvantage of the concept.

The EA i needed for faster testing to calculate best settings and for entrys and the step splitation nothing more.

I really don't doubt on any person's skills and for sure here are person that know things that i don't know and the exactly opposite is true i never underestimate no one.

Wish to all Merry Christmas.
  • #20
  • Dec 19, 2014 3:03am Dec 19, 2014 3:03am
Quoting alex8585
Lets say you have an edge of 60% ...... let's assume 1:1
If you can achieve the above, you don't need any kind of martingale.
MT4/MT5 EAs/Indicators/Alerts coder
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