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Straddle trading EA

  • #1,501
  • Apr 14, 2015 8:31am Apr 14, 2015 8:31am
Quoting wakeel86
{image} GBP CPI: Deviation came out as 0, but it seems i didn't set my scripts well to close the orders, but was lucky to make some bucks on it {image} USD Retail: Been a long while my trade hit TP
lol a good slippage on gbp jpy sir,
cheers for your profit
  • #1,502
  • Apr 15, 2015 12:42am Apr 15, 2015 12:42am
Quoting fabio.g
Alan, thanks for the reply, so i guess need to set the time for a specific news, lets say if NFP is coming needs to be the time at which will be published? time needs to be checked on forexfactory and i can use the GMT setting? {quote} adding gmt time to the setting worked fine but 2 orders were places but not executed, log file below {quote}
My guess is you were using EURUSD and you were 3 hours too early. Check your brokers time in Market Watch window of MT4 and compare to current time on PC. On Forex Factory calendar, ensure it's sync'ed to your PC clock. Now you can work out the time difference from your Broker to FF/PC and subtract that difference when setting up the EA

On Amazing EA, you can also change UseBrokerTime to False to use the PC clock instead but be careful to ensure your PC clock is very accurate.

Alan
  • #1,503
  • Apr 15, 2015 12:47am Apr 15, 2015 12:47am
Quoting Olalala
Hi Alan, Why isn't it necessary a bad thing when broker has few liquidity provider? Wont we get bad fills if it eventually gets triggered (if we use mt4ticker to modify the order in place)?
Well true I don't know which is worse, but what I'm saying is it's not necessarily worse .... just might get fewer ticks.

Alan
  • #1,504
  • Apr 15, 2015 1:58am Apr 15, 2015 1:58am
Dear All

If i have to place two pending order at daily open price + 15 pips away from open price and Stop loss at 15 pips away below daily open at each morning. and using the broker time
what i need to do , and could some one upload a set file for this
  • #1,505
  • Edited Apr 16, 2015 12:59am Apr 15, 2015 6:31am | Edited Apr 16, 2015 12:59am
thank you Alan for your reply. I have set the UseBroker Time to false, I also change the STWAN, from the default to a 3min. today the EA worked on the news released the i set up, but it only got 2 pips (i now know the EA works in point not in pips), as you can see from the log:

11:44:58.302 AmazingEA EURUSD,M15: modify #2502109 sell stop 0.10 EURUSD at 1.05917 sl: 1.05958 tp: 1.05897 ok

well i modified the stwan back to 5s and both order were deleted 5s after they were placed.

Quote
2015.04.15 14:29:59 Sell Stop was @ 1.06519, changed to 1.06512
2015.04.15 14:29:59 Buy Stop was @ 1.06603, changed to 1.06592
2015.04.15 14:30:06 Deleting BuyStop and SellStop because STWAN expired, OrdersCondition=11
2015.04.15 14:30:06 DeleteSellStop, OrderDelete Executed
2015.04.15 14:30:06 DeleteBuyStop, OrderDelete Executed

also on another news set SL was triggered after 4 pips, and STWAN=300

Quote
2 15:29:42.610 AmazingEA EURUSD,M15: open #2504328 buy stop 0.10 EURUSD at 1.08280 sl: 1.08239 tp: 1.08300 ok
2 15:29:42.704 AmazingEA EURUSD,M15: open #2504329 sell stop 0.10 EURUSD at 1.04199 sl: 1.04240 tp: 1.04179 ok
2 15:29:56.790 AmazingEA EURUSD,M15: modify #2504329 sell stop 0.10 EURUSD at 1.06199 sl: 1.06243 tp: 1.06179 ok
2 15:29:56.946 AmazingEA EURUSD,M15: modify #2504328 buy stop 0.10 EURUSD at 1.06283 sl: 1.06239 tp: 1.06303 ok
2 15:29:59.645 AmazingEA EURUSD,M15: modify #2504328 buy stop 0.10 EURUSD at 1.06277 sl: 1.06234 tp: 1.06297 ok
2 15:29:59.817 AmazingEA EURUSD,M15: modify #2504329 sell stop 0.10 EURUSD at 1.06193 sl: 1.06236 tp: 1.06173 ok
2 15:31:01.249 AmazingEA EURUSD,M15: delete #2504329 sell stop 0.10 EURUSD at 1.06193 sl: 1.06236 tp: 1.06173 ok

can i use the EA on multiple pairs?
  • #1,506
  • Apr 15, 2015 8:55pm Apr 15, 2015 8:55pm
Attached Image (click to enlarge)
Click to Enlarge Name: AUD Empl Ch 16-Apr-2015.PNG Size: 8 KB


Entry Slip of about 14/15 pips.....Still smiling anyway
  • #1,507
  • Edited 12:56am Apr 16, 2015 12:05am | Edited 12:56am
Wakeel86,

Would you share your settings, please? In particular I am interested in the setting for the STWAN

Quoting wakeel86
{image} Entry Slip of about 14/15 pips.....Still smiling anyway
  • #1,508
  • Edited 3:21am Apr 16, 2015 3:09am | Edited 3:21am
Quoting fabio.g
Wakeel86, Would you share your settings, please? In particular I am interested in the setting for the STWAN {quote}
PointsAway=80
PointsGap=2000
ModifyGap=10
NSec=0
CTCBN=0
SecBPO=10
SecBAO=2
SecBMO=0
STWAN=300
OCO=false
BEPoints=80
BEOffset=10
TrailPoints=100
TrailOffset=0
TrailImmediate=false
MM=false
RiskPercent=2.5
MaxSpread=0
AddSpreadToSL=false
SlipCheck=true
MaxSlippage=200
UseBrokerTime=false

I really don't care about the STWAN (so i set it high), since I make use of auto-click/script combo to close all orders for very low deviations, or order in wrong direction as the news figures get released
  • #1,509
  • Apr 16, 2015 3:44am Apr 16, 2015 3:44am
Wakeel86,

Thank you very much, well i guess need to brush up my scripting skills, unless you would like to give it a push
  • #1,510
  • Apr 16, 2015 3:47am Apr 16, 2015 3:47am
Quoting wakeel86
{image} Entry Slip of about 14/15 pips.....Still smiling anyway
Same here, slippage more than 15 pips + spread...
  • #1,511
  • Apr 16, 2015 6:40am Apr 16, 2015 6:40am
Quoting fabio.g
Wakeel86, Thank you very much, well i guess need to brush up my scripting skills, unless you would like to give it a push
Attached File(s)
File Type: mq4 #CloseAllPositionsScript.mq4   1 KB | 462 downloads

This closes all orders irrespective of pair

Attached File(s)
File Type: mq4 #[Specific]CloseAllBuyPositions.mq4   < 1 KB | 425 downloads

This closes all buy orders on the particular pair it is attached to

Attached File(s)
File Type: mq4 #[Specific]CloseAllSellPositions.mq4   < 1 KB | 419 downloads

This closes all sell orders on the particular pair it is attached to
  • #1,512
  • Apr 16, 2015 2:24pm Apr 16, 2015 2:24pm
wakeel86 thanks for sharing.
I understand the use of the 2 specific, but how do you use the first one.?
  • #1,513
  • Apr 16, 2015 2:48pm Apr 16, 2015 2:48pm
Quoting fabio.g
wakeel86 thanks for sharing. I understand the use of the 2 specific, but how do you use the first one.?
well, let's say a news has its FORECAST as 0.5 and my deviation for straddling the news is +/-0.2, that means from an ACTUAL figure of 0.4 - 0.6, i'll set my FNG to TRIPLE click on the 1st script to close all orders. in other words, i don't wanna be in the trade @ all for such small deviations. may result in no loss, or a small loss or gain if a pending order has been hit & turned to a live order

then as for the other 2 scripts, deviations from 0.7 & above (if in favour of news currency), i set FNG to triple click the script direction against news currency...
0.3 & below (if against news currency), i set FNG to triple click the script direction in favour of news currency

just in case you wanna use 2 pairs, one for FOR-direction & the other for AGAINST-direction, then open 2 platforms with each pair per terminal, so that you don't get to make mistakes in script attachments (that's for the last 2, the 1st closes all irrespective of chart it is placed on).
  • #1,514
  • Apr 16, 2015 4:41pm Apr 16, 2015 4:41pm
Quoting wakeel86
{quote} set my FNG to TRIPLE click
how do you do that ?
i lose money for a living
  • #1,515
  • Apr 16, 2015 4:46pm Apr 16, 2015 4:46pm
wakeel86, just tried to attach the scripts, and i get a popup asking if i want to stop AmazingEA and close all orders. is that correct? should it run on parallel with amazingEA, or just watch your positions and close the ones that are not triggered?
  • #1,516
  • Apr 16, 2015 5:12pm Apr 16, 2015 5:12pm
Quoting tylerbose
{quote} how do you do that ?
Attached Image

I set the deviation range 3 times & direct the clicks to the same scipt-spot (trying as much as possible it's on the same spot, say on the hash tag before the script name).

i do it thrice just in case FNG skips 1 click, so i should be able to get @ least 2 clicks
  • #1,517
  • Apr 16, 2015 5:17pm Apr 16, 2015 5:17pm
Quoting fabio.g
wakeel86, just tried to attach the scripts, and i get a popup asking if i want to stop AmazingEA and close all orders. is that correct? should it run on parallel with amazingEA, or just watch your positions and close the ones that are not triggered?
i don't know how you set yours, but attaching scripts on charts shouldn't affect EAs. it just loads and does its thing.

are you sure you put the scripts in SCRIPT FOLDER (..........\MQL4\Scripts) and NOT EXPERTS FOLDER (..........\MQL4\Experts)
  • #1,518
  • Apr 17, 2015 3:30am Apr 17, 2015 3:30am
Hello everyone.

Thank you for this wonderfull thread.
Ive been using News Trading EA ( http://www.forexfactory.com/attachme...0&d=1281534284 ), its an old EaA but its doing its job. Recently I found AmazingEA and its much better, more options, less risk involved. Yesterday I discover that there is a new version coded by Alan (thank YOU) it works very well except when I try it on strategy tester, I tryed different settings, even the ones posted here, I checked the log and this appears a lot (OrderModify error 130).
Is there a way I can solve this?

Thank you again
  • #1,519
  • Apr 17, 2015 5:34am Apr 17, 2015 5:34am
Thanks Wakeel86, then i guess i just drag and drop?
  • #1,520
  • Apr 17, 2015 7:44am Apr 17, 2015 7:44am
Quoting fabio.g
Thanks Wakeel86, then i guess i just drag and drop?
No!!! you can't drag and drop, since it's news & everything happens so fast. That's where the FNG auto-click comes in to do the necessary clicking on the script
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