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Trapping System: Grid

  • #421
  • Jun 23, 2015 1:32am Jun 23, 2015 1:32am
Quoting radityo.ardi
{quote} Target Profit Dynamic Base will only be used when you set the target to Dynamic. Otherwise, it will use direct value as in Target Profit. On the dashboard, if you see Current Profit (yours is -28.20 USD) is more than Fixed Target (yours is 10.00 USD), then it will close. Based on your picture, it won't close because the profit is less than the target. {quote}

No if you take a look at "Biggest profit" it was 22 but because the EA didn't stop after reaching the 10 TP it opened another trades... Ignore those open trades.
  • #422
  • Jun 23, 2015 2:08am Jun 23, 2015 2:08am
Quoting poweromania
{quote} No if you take a look at "Biggest profit" it was 22 but because the EA didn't stop after reaching the 10 TP it opened another trades... Ignore those open trades.
hi poweromania,
I'm still can't understand which issue that you are trying to point. I feel I have coded correctly.

Allow me to explain the process.
The calculation of the profit will never be hit at exactly 10 USD. Imagine that at the moment EA detects that the CURRENT PROFIT is more than FIXED TARGET, EA will initiate close all open orders and all pending orders. Open orders will be closed first, then the pending orders. If the time to close 1 order is quite lengthy, it'll affect the total closing time for all orders. If your broker requires 1 second to close order, which means for 10 orders will require 10 seconds. During this 10 seconds, price can move up and down (especially at NFP). So, this factor will affect your profit for the current cycle. In other words, your profit for each and every cycle is variable and never be pinned down at 10 USD.
That is the reason I put BIGGEST PROFIT and LOWEST PROFIT, since the profit for each cycle is different. It can be as low as 0.1 USD, or can jump to 20 USD. Normally this only happen when the market volatility is high. When it is low, most likely will range at 8 USD to 12 USD. I can't change that behaviour, since that is the limitation of grid system.

Quoting poweromania
{quote} No if you take a look at "Biggest profit" it was 22 but because the EA didn't stop after reaching the 10 TP.
So now looking at your response, the EA is not closing yet, because it is in the process of closing all orders.
If you ask me to code/fix your EA... it's probably not for free...
  • #423
  • Jun 23, 2015 2:40am Jun 23, 2015 2:40am
Hi, radityo.ardi:

What is the Local time? Is my computer time? Then, local time on VPS means server time over there. Right?
  • #424
  • Jun 23, 2015 3:32am Jun 23, 2015 3:32am
Quoting Sunnybeach
Hi, radityo.ardi: What is the Local time? Is my computer time? Then, local time on VPS means server time over there. Right?
yes.
Your local time means the local time of the PC / machine to run EA. If it is on VPS, then local time considered as VPS server time.
If you ask me to code/fix your EA... it's probably not for free...
  • #425
  • Jun 23, 2015 5:23am Jun 23, 2015 5:23am
Quoting radityo.ardi
{quote} hi poweromania, I'm still can't understand which issue that you are trying to point. I feel I have coded correctly. Allow me to explain the process. The calculation of the profit will never be hit at exactly 10 USD. Imagine that at the moment EA detects that the CURRENT PROFIT is more than FIXED TARGET, EA will initiate close all open orders and all pending orders. Open orders will be closed first, then the pending orders. If the time to close 1 order is quite lengthy, it'll affect the total closing time for all orders. If your broker requires...
Ok so if the close order time is the problem maybe the EA should start closing trades from the center to the exterior..Not from the exterior to the center as it is now.. Just an idea
  • #426
  • Jun 23, 2015 7:37am Jun 23, 2015 7:37am
Quoting poweromania
{quote} Ok so if the close order time is the problem maybe the EA should start closing trades from the center to the exterior..Not from the exterior to the center as it is now.. Just an idea
It is not just an idea, it is already implemented.
It will close from inside out only for open orders first, then it'll close the remaining pending orders.
If you ask me to code/fix your EA... it's probably not for free...
  • #427
  • Jun 23, 2015 8:09am Jun 23, 2015 8:09am
This is version 1.3

Attached File(s)
File Type: mq4 RdzGridTraps_1_3.mq4   31 KB | 461 downloads
  • #428
  • Jun 23, 2015 8:14am Jun 23, 2015 8:14am
What's going on today? I only use it on demo, but I want to learn this EA. The price is going short for a while and teh EA only buys Long
Attached Image (click to enlarge)
Click to Enlarge Name: Selection_011.png Size: 532 KB
  • #429
  • Jun 23, 2015 8:21am Jun 23, 2015 8:21am
[Quote = smika; 8341817] What's going on today? I only use it on demo, but I want to learn this EA. The price is going short for a while and teh EA only buys Long{image} [/ quote]


if you set "operation order" to limit order it is normal

regards
Attached Image
  • #430
  • Jun 23, 2015 9:20am Jun 23, 2015 9:20am
Hi everyone,

I am sorry because out of topic. However I need help. I need a script to close all open and pending order. I try to search from FF but not applicable for MT4 build 840. Anyone can help please?

Thank you in advance.

Regards,
Sam
  • #431
  • Jun 23, 2015 9:39am Jun 23, 2015 9:39am
Quoting sam2vt
Hi everyone, I am sorry because out of topic. However I need help. I need a script to close all open and pending order. I try to search from FF but not applicable for MT4 build 840. Anyone can help please? Thank you in advance. Regards, Sam
Put in the folder EA.

This closes open orders and pending orders.

Sorry but I just ex4 file.

Attached File(s)
File Type: ex4 Close_Orders.ex4   4 KB | 218 downloads
  • #432
  • Jun 23, 2015 12:00pm Jun 23, 2015 12:00pm
Quoting sam2vt
Hi everyone, I am sorry because out of topic. However I need help. I need a script to close all open and pending order. I try to search from FF but not applicable for MT4 build 840. Anyone can help please? Thank you in advance. Regards, Sam
you can try this one, put in folder script.
Attached File(s)
File Type: ex4 Script_CloseAllOrder&Pending.ex4   6 KB | 318 downloads
  • #433
  • Jun 23, 2015 12:16pm Jun 23, 2015 12:16pm
Just one qquestion ea doesnt use stop loss ?
  • #434
  • Jun 23, 2015 1:01pm Jun 23, 2015 1:01pm
Quoting lcouto
Just one qquestion ea doesnt use stop loss ?

With the latest version (1.4) published on page. 1 you can place stop loss.

But in my humble opinion stop loss it is superfluous or harmful.

Using small lot and small profit and can win consistently.

Very important is the money management.

Orders and profits must be related to their balance.

greetings


Attached Image
  • #435
  • Jun 23, 2015 1:10pm Jun 23, 2015 1:10pm
Today I tried to put the EA on a demo.I put it on the four digit account. Accordingly, the figures of removed zero. Although the setting is "OrderCountPerSide = 30" exhibit only 4 pending orders. Moreover, if the EURUSD is now 1.1164, then the pending orders are put buy stop 1,4755; sell stop 0,7597; buy stop 1,4762; sell stop 0,7590 /
Tell me why exposes only 4 orders? Why so far from the current price?
  • #436
  • Jun 23, 2015 1:29pm Jun 23, 2015 1:29pm
Quoting Encorep202
{quote} With the latest version (1.4) published on page. 1 you can place stop loss. But in my humble opinion stop loss it is superfluous or harmful. Using small lot and small profit and can win consistently. Very important is the money management. Orders and profits must be related to their balance. greetings {image}
Just a doubt, why does it say "current 0"???
A good strategy for trading is... the opposite of having a bad strategy.
  • #437
  • Jun 23, 2015 1:30pm Jun 23, 2015 1:30pm
Quoting Encorep202
{quote} With the latest version (1.4) published on page. 1 you can place stop loss. But in my humble opinion stop loss it is superfluous or harmful. Using small lot and small profit and can win consistently. Very important is the money management. Orders and profits must be related to their balance. greetings {image}
Hello Encorep202,

i agreed with you completely, i have 3 diffente account (demo) that test this EA, right now i have load only two (you can see mine TF) and right now the lowest account with standard settings working better then other (i have to create TF for this account and i will do it tomorrow).
I already change this setting to other two, just for see how they going tomorrow.
I just wondering to close all position right now for have fresh start tomorrow or let it go and see what happend.
Wich kind of indicator are you using on your last post ? Can you share it please ?

Thank's to everyone !

H.
Don't be delicated, be vast and brilliant ! [Brent Smith]
  • #438
  • Jun 23, 2015 2:13pm Jun 23, 2015 2:13pm
Quoting PowerTrade
{quote} Just a doubt, why does it say "current 0"???
currently no open positions
  • #439
  • Jun 23, 2015 2:21pm Jun 23, 2015 2:21pm
Quoting Hyperfire
{quote} Hello Encorep202, i agreed with you completely, i have 3 diffente account (demo) that test this EA, right now i have load only two (you can see mine TF) and right now the lowest account with standard settings working better then other (i have to create TF for this account and i will do it tomorrow). I already change this setting to other two, just for see how they going tomorrow. I just wondering to close all position right now for have fresh start tomorrow or let it go and see what happend. Wich kind of indicator are you using on your last...
Indi is i-profittrader is in the folder of the indicators of origin mt4. However I am attaching

Attached File(s)
File Type: ex4 i-Profittracker.ex4   23 KB | 229 downloads
  • #440
  • Jun 23, 2015 2:25pm Jun 23, 2015 2:25pm
Quoting Hyperfire
{quote} I just wondering to close all position right now for have fresh start tomorrow or let it go and see what happend. Wich kind of indicator are you using on your last post ?

personally I would let him go ...
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