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im sorry to ask again, but im fail to understand middle point.
what is the use ?
if i trade 0,1 , and target 25 usd - using limit strategy , max 20 order , and range every 10 pips
lets said market up and open 10 sell limit, and when market is down
it will always close in 25 usd.

and what is the use of middle point ?? i dont see the safety ? close in smaller profit ? how much ?
Quoting fx441282
im sorry to ask again, but im fail to understand middle point. what is the use ? if i trade 0,1 , and target 25 usd - using limit strategy , max 20 order , and range every 10 pips lets said market up and open 10 sell limit, and when market is down it will always close in 25 usd. and what is the use of middle point ?? i dont see the safety ? close in smaller profit ? how much ?
To get the idea, you should try watch your demo account running. that's happened to me
The scenario is, price moves down until you hit your first buy limit and price moves up and hit your first sell limit.
and then price stays between those 2 orders, so both orders are in profit but not enough to reach your target. That sucks right.
Radit puts middle point feature to grab the profit even though its below your target.
Look at this beauty.....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
GridEA Return This Year: 0.0%
Hi Rad, in my opinion it could be useful to give the possiblity to indicate a time at which close all the opened positions and pending orders.

I wrote a very simple expert (find attached) because I don't want to be exposed to the eastern european trading session, so if I have opened positions and pending orders @ 6 GMT, the expert will close them for me, no matter the profit/loss situation.

Just my 2 cents...
Attached File
File Type: mq4 Close.mq4   3 KB | 118 downloads
Just to clarify, the "cycle" indicator on the upper left side of the graph "0 cycle of 1" means that at the moment the number of completed cycles are 0 on a max number of possible cycles 1.

No matter if at the moment there is a cycle running?

Is it correct?
At the moment I have a buy order opened @ 1.10212 and a sell order opened @ 1.10337.

Prices are between blue lines (bid 1.10258 ask 1.10287) and the 2 positions are either in gain.

So I would expect the expert to close all the positions in a gain smaller then profit target.

My Middle Point Activation is 2.
Quoting Alberto_Jazz
At the moment I have a buy order opened @ 1.10212 and a sell order opened @ 1.10337. Prices are between blue lines (bid 1.10258 ask 1.10287) and the 2 positions are either in gain. So I would expect the expert to close all the positions in a gain smaller then profit target. My Middle Point Activation is 2.
I still have no idea which version and set file you are using.
Because in v1.7 and v1.8 there's a drastic shift in the logic.

By right, it should be closed.

Quoting Alberto_Jazz
Hi Rad, in my opinion it could be useful to give the possiblity to indicate a time at which close all the opened positions and pending orders. I wrote a very simple expert (find attached) because I don't want to be exposed to the eastern european trading session, so if I have opened positions and pending orders @ 6 GMT, the expert will close them for me, no matter the profit/loss situation. Just my 2 cents... {file}
ok.
Anyway, that logic is exist since v1.7. "Force close all" on the Stop Time Action.

Quoting Alberto_Jazz
Just to clarify, the "cycle" indicator on the upper left side of the graph "0 cycle of 1" means that at the moment the number of completed cycles are 0 on a max number of possible cycles 1. No matter if at the moment there is a cycle running? Is it correct?
Yes
If you ask me to code/fix your EA... it's probably not for free...
Quoting radityo.ardi
{quote} I still have no idea which version and set file you are using. Because in v1.7 and v1.8 there's a drastic shift in the logic. By right, it should be closed. {quote} ok. Anyway, that logic is exist since v1.7. "Force close all" on the Stop Time Action. {quote} Yes
Hi Radityo,
Can we use v1.9 now?
Quoting fx441282
im sorry to ask again, but im fail to understand middle point. what is the use ? if i trade 0,1 , and target 25 usd - using limit strategy , max 20 order , and range every 10 pips lets said market up and open 10 sell limit, and when market is down it will always close in 25 usd.
So, in your case, is when the market starts trending when the EA started. Then it retracts back. You are correct, it will close in 25 usd. But you are just talking about 1 scenario.

Think of another scenario. Market is too lazy to start . So, the whole timerange, only executes 2 order. In which this probably would've give you profit only 2 USD. Would you stay until you get 25 USD? It probably have gone to London openings. It would've probably gone to a trending until the next day and goes up all the way until all sell limit executed. And in this case, you got floating loss. Though I don't deny that market could retract and give you profit closure at 25 USD (who knows?).

The intention is not to try stay in the market too long.

Quoting fx441282
and what is the use of middle point ?? i dont see the safety ? close in smaller profit ? how much ?
Probably Middle Point has no use for you, but I think you may want to try on your demo first to see how this works. The best would be to set up 2 different account, one with "Target Based (Standard)" and another with "Target Based OR Middle Point".

"Target Based (Standard)" gives you the assurance that EA will ALWAYS try to close at the target you've set. Like in your example: 25 USD. No any other condition. So, if your EA reaches middle point, it won't close. If your ea do something here and there, it won't close. Until it reaches target profit, it then will be closed.

"Target Based OR Middle Point" is additional logic on top of Target Based, which it will be closed in the middle of the grid.
This middle point is another additional closure point instead of only Target Based. Why is like that? This gives you the assurance that no matter what, EA will give you profit even if it's small or less than the target. So that you can quickly get out of the market as soon as possible, to avoid floating position until the opening of London or probably floating until the next day. As I have told you that this is for safe point. Because at some point of time, trending could happen and mess your trade up.
LIMIT orders supposedly to be applied in ranging market. That means, if market goes up and down, you would expect market to retract back a little or retract back to its initial position (which where the Middle Point is).

I don't try to convince people to use Middle Point, nor convince you to use it. This EA has many configurations that you can try on. Not just limited to the set file that I've applied to the live account. Please don't think that I'm "boxing" you to use Middle Point, but just think out of the box.

Like another friends here, chucrut, jonnirecus, and many of them I couldn't name it one by one. They all have a different strategy other than me, and I'm glad it gave them profit as well. ​

And of course, just try it.
If you ask me to code/fix your EA... it's probably not for free...
Quoting radadiya
{quote} Hi Radityo, Can we use v1.9 now?
You can. Download from source code tab first.
I haven't prepare the release note.
If you ask me to code/fix your EA... it's probably not for free...
Quoting radityo.ardi
{quote} You can. Download from source code tab first. I haven't prepare the release note.
Thank you!
So in A bit of a hole EUR started trending up with positions open will see if it rides out might start thinking about a stop loss ????

I do Good I feel GoodI do Bad I feel Bad
thx radit and yoga, now im understand.
: )
yesterday is my birthday, and U/J gave me a birthday surperise!

I will never ever touch U/J anymore

Attached Image


-850 pips.....

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Click to Enlarge Name: Image2.png Size: 41 KB

see those moves in yellow box, no important data or speach....brillant!!!
No one wants to be defeated~
Quoting radityo.ardi
I still have no idea which version and set file you are using.
I'm using v 1.9 with GTL_EU2.set
Hi,
In the early morning here, I closed all trades in loss due to trending market and disables EA for whole day due to US interest rate decision and other news.
Quoting Offshore
So in A bit of a hole EUR started trending up with positions open will see if it rides out might start thinking about a stop loss ????
Its bad for me that I closed all trades in loss looking at trending market , If I would have waited one more hour it would have been breakeven!!!
if we open this ea , with a random time. it will be pure gambling. and a time bomb
but if we interfere with manual, it will involved our emotions. (( ea is meant to take our emotions out ))
just like yesterday, trending slowly.. this will cause BIG floating loss to limit user , and SMALL profit for stop user.

because this ea is not martingale , the key to success is to activate the ea based on technical analysis ( to avoid big draw down)
imagine , start 0,1 - target 25 usd , and sometimes we can risk floating 1000 usd, just for target 25 usd ?? this is not a very good risk reward.
it will be best, if we can determine the best positions for the ea to run.

it will be best, if we have rule, a simple rule ( technical ) when to activate the ea.
example if market high to low is over 100pips, the ea can start doing limit or stop
or if price hit upper bolinger band, then ea can start doing limit or stop.
if candle close above moving avarage, the ea can start active ..

this is just example, but im sure we all can contribute the best technical to filter when the ea need to activate or not
(( automated, not manual.. because not everyone can do technical analysis )

if we see yesterday eur.usd chart, it is clear.. that market is uptrend, no indications of SELL . but very strong uptrend ( h1-h4-d1 ) and close above resistance 2 - indicates uptrend to r 3 and more.


just my simple idea.. thx
Quoting fx441282
if we open this ea , with a random time. it will be pure gambling. and a time bomb but if we interfere with manual, it will involved our emotions. (( ea is meant to take our emotions out )) just like yesterday, trending slowly.. this will cause BIG floating loss to limit user , and SMALL profit for stop user. because this ea is not martingale , the key to success is to activate the ea based on technical analysis ( to avoid big draw down) imagine , start 0,1 - target 25 usd , and sometimes we can risk floating 1000 usd, just for target 25 usd ??...

Yesterday Rad earned 2.4% and i did not lose money on EU.

I lost 800 pips on U/J, but that was a ridiculous move which only happens on U/J.

So by my exp, the limit EA can only trade EU AU becasue they have stable moves and low spreads.
No one wants to be defeated~
Quoting jonirrenicus
{quote} Yesterday Rad earned 2.4% and i did not lose money on EU. I lost 800 pips on U/J, but that was a ridiculous move which only happens on U/J. So by my exp, the limit EA can only trade EU AU becasue they have stable moves and low spreads.
its not ridiculous ,its normal.. when you trade forex from 2007 - you will know the point,what im trying to explain.
you lose 800 pips on UJ . how will it take to recover your losing trade ??

radit, have a good open positions, i believe he understand technical analysis
he the one who switch on the ea.

but is almost the same like manual trading, just open sell and pending order. and put TP

it will be best if we can using technical analysis filter, to decide automatically when to activate the EA.
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