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I will code your EAs and Indicators for no charge

  • #1,781
  • Mar 2, 2013 5:43pm Mar 2, 2013 5:43pm
Hi Kis,

I have traded successfully for 2 weeks and so far so good. I needed to see more trade statements from an EA I was trying to duplicate its results.

After viewing about 7 different profitable statements, I concluded that for the EA in question to be this profitable, it has to use the above listed indicators to know when to place hedge/grid trades of 10 pips and when to trade in only one direction.

These modifications changes the structure of the EA and eliminate the possibility of account blow up

Please code this EA with the above parameters and include these

1. Adjustable stop loss
2. close all positions when over all profit is reached and make it adjustable e.g 5% or 10% or 20% etc.
3. Begin by Opening buy and sell with 10 pips TP each. If price goes up and the buy closes, open another buy and sell, even if no sell closes, keep opening buy and sell until Stochastics sell synchronization is achieved on the 4hrs, 30 mins and 15mins timeframes, then don't open any further buys and allow all the open sells to close on their own. Also a sell synchronization which aligns with the sell only scenarios in my above post give stronger indication of a heavy sell off.

The opposite is applicable for buy only scenarios

Please look at my above post and add these 3 recommendations.

Thanks

Elvis
  • #1,782
  • Mar 2, 2013 11:09pm Mar 2, 2013 11:09pm
Quoting kis
As I see, you just removed SL from SendOrder(), why is that good for you? You could simply set 0 SL.

But why did you remove? extern string WARNING="DO NOT USE IT ON LIVE ACCOUNT!"; If you remove that, please removed who reference section:




However, try the attached with the modifications you asked.
Dear Kis,

Thank you very much for your prompt reply!

I have removed SL because if i made it 0 then EA is giving order send error. I want to take the advantage of market moving between support and resistance level.

I have remove extern string WARNING="DO NOT USE IT ON LIVE ACCOUNT!"; because it give me negative impression whenever i try it on demo.

Modified EA is not working the way I have mentioned. It stops all the open order at at time with comment" stopped because of Stop Out". If Can be modified as per below that it would be of great help.

strategy1.

1)EA open BUY and SELL positions -EA has achieved this
2)EA open new BUY and SELL positions when TP hit and repeat the same- EA has achieved this
3)EA is showing order send error 148 once 100 number of open order reached(limitation of broker is 100 open order) -

To solve this I want EA to close oldest one BUY and one SELL order and open new BUY and SELL when TP hit at that perticular time.

Strategy 2

1)EA open BUY and SELL positions -EA has achieved this
2)EA open new BUY and SELL positions when TP hit and repeat the same- EA has achieved this
3)EA close all open buy order if market go bellow support level and EA close all open sell order if market go above Resistance level
  • #1,783
  • Mar 3, 2013 7:51am Mar 3, 2013 7:51am
Yes that's fine with me. What does that mean exactly that all 4 orders will have to be on separate charts, correct. This will work. So each trade will have its own Take Profit, Stop Loss, Trailing Stop, etc...



Quoting kis
I checked the EA, it can be done. Seems the current version doesn't handle only 1 positions, but handles all opened positions same way.

The easiest to do is to open the 4 positions with different magic numbers. Is that ok with you?
Faith ends where worry begins, and worry ends where faith begins.
  • #1,784
  • Mar 3, 2013 11:16am Mar 3, 2013 11:16am
Hi,
I have looked for this indicator but I have had no luck. It is a 3 moving average.

80 SMA
20 SMA
4 EMA.

When the 4 is below the 20 and the 20 is below the 80 and the 4 crosses the 20, that would be up, I need an alert. Also the reverse, when the 4 is above the 20 and the 20 is above the 80 I am waiting for the 4 to drop below the 20 for an alert.

I have attached a sample.

Thanks.
J
Attached File(s)
File Type: pdf 3 moving average cross.pdf   104 KB | 675 downloads
  • #1,785
  • Mar 3, 2013 12:20pm Mar 3, 2013 12:20pm
Quoting forexvegan
Yes that's fine with me. What does that mean exactly that all 4 orders will have to be on separate charts, correct. This will work. So each trade will have its own Take Profit, Stop Loss, Trailing Stop, etc...
No, I'll create a script to open orders.
Keep It Simple
  • #1,786
  • Mar 3, 2013 12:38pm Mar 3, 2013 12:38pm
Quoting manoj_3986
Dear Kis,

Thank you very much for your prompt reply!

I have removed SL because if i made it 0 then EA is giving order send error.
You are right, 0 SL will give error. What is you use SL like 3000 pips?

Quote
I want to take the advantage of market moving between support and resistance level.
I have remove extern string WARNING="DO NOT USE IT ON LIVE ACCOUNT!"; because it give me negative impression whenever i try it on demo.

Modified EA is not working the way I have mentioned. It stops all the open order at at time with comment" stopped because of Stop Out". If Can be modified as per below that it would be of great help.

strategy1.

1)EA open BUY and SELL positions -EA has achieved this
2)EA open new BUY and SELL positions when...

Try the attached, and let me know if error 148 is handled correctly now.
Attached File(s)
File Type: mq4 elvis_final wto SL.mq4   8 KB | 562 downloads
Keep It Simple
  • #1,787
  • Mar 3, 2013 1:46pm Mar 3, 2013 1:46pm
Okay no problem. Just have to explain to me how the script works. Will it work for pending orders as well. Thanks.

Quoting kis
No, I'll create a script to open orders.
Faith ends where worry begins, and worry ends where faith begins.
  • #1,788
  • Mar 3, 2013 2:12pm Mar 3, 2013 2:12pm
Quoting forexvegan
Yes that's fine with me. What does that mean exactly that all 4 orders will have to be on separate charts, correct. This will work. So each trade will have its own Take Profit, Stop Loss, Trailing Stop, etc...
Here is a script that can open up to 5 positions at market price, with different TP and SL. Will work on ECN as well.
Attached File(s)
File Type: ex4 SendMultipleOrders.ex4   8 KB | 515 downloads
Keep It Simple
  • #1,789
  • Mar 3, 2013 2:13pm Mar 3, 2013 2:13pm
Quoting forexvegan
Okay no problem. Just have to explain to me how the script works. Will it work for pending orders as well. Thanks.
Do you want is for pending orders as well?
Keep It Simple
  • #1,790
  • Mar 3, 2013 3:05pm Mar 3, 2013 3:05pm
Hi,

I'll check, but I guess you will need someone with more experience for this...

Quoting elvee4eva
Hi Kis,

After last minute fine tuning I have arrived at the following conclusion

In order to successfully code this EA, you need the following indicators

1. Zup 71 - For Automatic Fibonacci Calculations

2. All Stochatics - set at 6,3,3 with 4hr,30min and 15 mins. This helps you to know when to open buy and sell and when to go only one direction.

3 II SupDem - For Auto supply and demand bounce levels. ( II SupDem must be set at forced timeframe = 60mins

4. Multi time frame fractal indicator -to help with drawing 4 hour trendlines


Sell...
Keep It Simple
  • #1,791
  • Edited 3:33pm Mar 3, 2013 3:22pm | Edited 3:33pm
Yes if that wouldn't be a problem. I'm not sure if you remember, but along with the T/P, and S/L, it needs a Trailing Stop and Trailing Step like in the original EA. So now it would need 5 Trailing Stops, and 5 Trailing Steps. Or 4 I think, if I have 5 orders, correct. I think the trailing stop can stay still, and the Trailing Step can move after so many pips, correct? I need a new Stop after Order 1 has gotten its T/P to go to Break even for the rest of the orders. Then after 2nd order gets its T/P I need the remaining open orders to have the stop loss at the 1st positions T/P. For each of the 5 orders I would like 1 trailing stop that doesn't move and 1 trailing stop that moves with the price after 30 pips or whatever it is set to. Each order can only have 1 or the other type of trailing stop. Cannot have both, just an option for one or the other. We can call it Standstill Stop and Trailing Stop, or what ever you think it should be. Thanks.




I have 4 trades, all bought on the same day at the same price with the same Stop Loss. Lets say the broker I am using has a 3 pip spread. When the 1st Trade hits T/P at 1.3025, I want to set the rest of the open orders (3 trades) to set the Stop Loss at Break Even at 1.3000. When the 2nd trade executes at 1.3070 I want the remaining open orders (2 trades) to set there Stop Loss at 1.3025 (1st Trade). When the 3rd trade executes at 1.3150 I want the remaining open orders (1 trade) to set there Stop Loss at 1.3070 (2nd Trade). Now the 4th and last trade should have a Stop Loss at 1.3070 and a Take Profit at 1.3205.


1st Trailing Stop - 22 pips (3 pip spread)
2nd Trailing Stop - 42 pips (3 pip spread)
3rd Trailing Stop - 77 pips (3 pip spread)


1st Trade
BUY EUR/USD
Buy Price - 1.3000
Take Profit - 1.3025 (25 pips)
Stop Loss - 1.2880 (120 pips)

2nd Trade
BUY EUR/USD
Buy Price - 1.3000
Take Profit - 1.3070 (70 pips)
Stop Loss - 1.2880 (120 pips)

3rd Trade
BUY EUR/USD
Buy Price - 1.3000
Take Profit - 1.3150 (150 pips)
Stop Loss - 1.2880 (120 pips)

4th Trade
BUY EUR/USD
Buy Price - 1.3000
Take Profit - 1.3205 (205 pips)
Stop Loss - 1.2880 (120 pips)

Hope I didn't confuse you.

Quoting kis
Do you want is for pending orders as well?
Faith ends where worry begins, and worry ends where faith begins.
  • #1,792
  • Mar 3, 2013 4:16pm Mar 3, 2013 4:16pm
I got it, but let's go step by step, first you need to have 4 orders opened at the same price with different TP and SL.
How do you do that? I think we need pending orders, because script with market orders is returning error 129 too often.

Quoting forexvegan
Yes if that wouldn't be a problem. I'm not sure if you remember, but along with the T/P, and S/L, it needs a Trailing Stop and Trailing Step like in the original EA. So now it would need 5 Trailing Stops, and 5 Trailing Steps. Or 4 I think, if I have 5 orders, correct. I think the trailing stop can stay still, and the Trailing Step can move after so many pips, correct? I need a new Stop after Order 1 has gotten its T/P to go to Break even for the rest of the orders. Then after 2nd order gets its T/P I need the remaining open orders to have the stop...
Keep It Simple
  • #1,793
  • Mar 3, 2013 4:21pm Mar 3, 2013 4:21pm
Try if this script works well on normal market conditions.

Quoting forexvegan
Yes if that wouldn't be a problem. I'm not sure if you remember, but along with the T/P, and S/L, it needs a Trailing Stop and Trailing Step like in the original EA. So now it would need 5 Trailing Stops, and 5 Trailing Steps. Or 4 I think, if I have 5 orders, correct. I think the trailing stop can stay still, and the Trailing Step can move after so many pips, correct? I need a new Stop after Order 1 has gotten its T/P to go to Break even for the rest of the orders. Then after 2nd order gets its T/P I need the remaining open orders to have the stop...
Attached File(s)
File Type: ex4 SendMultipleOrders.ex4   8 KB | 415 downloads
Keep It Simple
  • #1,794
  • Mar 3, 2013 4:21pm Mar 3, 2013 4:21pm
Yes I agree. They would be 4 separate orders. Can all 4 orders be a buy or sell at the current price, or a pending order? All orders will have a different T/P and S/L along with a different Standstill Stop or Trailing Stop. All Pending orders, all T/P, all S/L and all Standstill or Trailing Stop will be hidden from broker. That's it. We can make this even better later on, but this will suffice for now. Thank you.
Faith ends where worry begins, and worry ends where faith begins.
  • #1,795
  • Mar 3, 2013 4:29pm Mar 3, 2013 4:29pm
Quoting forexvegan
Yes I agree. They would be 4 separate orders. Can all 4 orders be a buy or sell at the current price, or a pending order? All orders will have a different T/P and S/L along with a different Standstill Stop or Trailing Stop. All Pending orders, all T/P, all S/L and all Standstill or Trailing Stop will be hidden from broker. That's it. We can make this even better later on, but this will suffice for now. Thank you.
Ok, I'll send you and other script tomorrow. But tell me, you prefer market orders or pending orders?

Think will work like:

1. You open the 4 positions with the script.
2. EA will manage the T/P, S/L and Trailing Stop
Keep It Simple
  • #1,796
  • Mar 3, 2013 4:31pm Mar 3, 2013 4:31pm
Quoting forexvegan
Yes I agree. They would be 4 separate orders. Can all 4 orders be a buy or sell at the current price, or a pending order? All orders will have a different T/P and S/L along with a different Standstill Stop or Trailing Stop. All Pending orders, all T/P, all S/L and all Standstill or Trailing Stop will be hidden from broker. That's it. We can make this even better later on, but this will suffice for now. Thank you.
To simplify your problem you could just make one trade four times the size, and knock off 1/4 of it each time at different levels (with adjusting SL accordingly)..
  • #1,797
  • Mar 3, 2013 4:34pm Mar 3, 2013 4:34pm
Quoting m.m.m.
To simplify your problem you could just make one trade four times the size, and knock off 1/4 of it each time at different levels (with adjusting SL accordingly)..

The problem with this I heard not all brokers accept a partial close. Thought about this but if broker doesn't allow, the EA is pointless.
Faith ends where worry begins, and worry ends where faith begins.
  • #1,798
  • Mar 3, 2013 4:35pm Mar 3, 2013 4:35pm
Quoting kis
Ok, I'll send you and other script tomorrow. But tell me, you prefer market orders or pending orders?

Think will work like:

1. You open the 4 positions with the script.
2. EA will manage the T/P, S/L and Trailing Stop
I prefer pending order. Would be nice if I could buy or sell at current price as well so I can get a magic number, but if you can't do, no problem. Eveything should be hidden from the broker. Thanks.
Faith ends where worry begins, and worry ends where faith begins.
  • #1,799
  • Mar 4, 2013 2:54am Mar 4, 2013 2:54am
Dear Kis,

It is still showing the same problem. EA stopped working in between with comment" stopped because of Stop Out".

One more thing when I run this EA on live account it is not opening one of buy or sell order with error 129. Can something be done to solve this as well.

Thank you very much in advance.
  • #1,800
  • Mar 4, 2013 3:50am Mar 4, 2013 3:50am
Quoting manoj_3986
Dear Kis,

It is still showing the same problem. EA stopped working in between with comment" stopped because of Stop Out".

One more thing when I run this EA on live account it is not opening one of buy or sell order with error 129. Can something be done to solve this as well.

Thank you very much in advance.
Stop Out is margin call, after that don't you get error 134? Not enough money.

About error 129... should work now.
Attached File(s)
File Type: mq4 elvis_final wto SL.mq4   9 KB | 518 downloads
Keep It Simple
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