There is already a trailing stop implemented right?

But the code I saw in there are abit different from the the trailing stop i saw on other EAs where they have a trailing trigger...

ManageTP v2.3? is it better than the TP in MT4?

Mind pointing me to somwhere where I can get the code so I can try to integrate inside.

Thanks alot.

but the current ea open buy/sell stops at 00:00.

If we were to implemented the GMACD, then have to modify to get the signal from GMACD...

anybody have an example on any EA where they get signals from GMACD?

would appreciate, if you could point me to it so I can try to integrate..

mt4 programming is fun! haha

thanks..

i probably have to start getting all the ticks from the servers..

I have some doubt.. are the ticks from different brokers rougly the same?

I have some dedicated server running, probably could run some EAs to collect all the ticks..

I was hoping I could download these ticks from somwhere so I could start some backtesting.

Yes better.Look http://www.forex-tsd.com/73354-post96.html
But this code only manage take profit, for trailing I use separate code in EA.
AND small bug in this code.... ManageTP v2.3 control only first trade with ane pair. If you open trade with 5x eurusd, manage only first trade.

I testing add this code ... ManageTP to some few EAs, intresting result.

TREND IS YOUR FRIEND

Example

Firebird v1.0c1 with implement ManageTP

Attached Files

FB v1-0c1-ManageTP.zip (9.9 KB, 278 views)

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RUN With The BULLS And HUNT With The BEARS - Nothing By Chance

OpenGraphicsDollyEAv1.01 99% Modeling BackTest Results


DollyGraphicsv1.01_99Percent_2006_15Min.htm
DollyGraphicsv1.01_99Percent_2006_15Min.gif

need more optimization!

This EA set bad stop-losses. One of them is usually setted on the main pivot. So you can have stop-loss 20 pips or 62...
It doesn't respect stop-loss you set in the settings.

Happy New Year everybody!!!

Alright, manage to add in the GMACD Ver2.0 by CJA inside the EA.

Also did some minor changes to get ride of the Error130.. It was happening because the broker only allow us to set buystops and sellstops 10 pips away the open price.

Added TakeProfit Variables(If set >20 will overwrite the default tp from opengraphics.)

Solved Stoploss problem mentioned by Felix114

Here you go.. the mql4!! Further improvements have to be made!



OpenGraphics_Expert_Ver1.02.mq4

Comments Required.

Currently EA does this.

Check H1 Thrend, H4 Thrend and price below (BuyStop Price-10pip) -> Open BuyStop for the Day

The reverse for Sell Stop.

The Script will also close Pending and Current Open Trades at 23:50.

00:00, It will place new trades again.

I know this shouldn't be the case, there must be some other conditions to be added like

- Timing (Time when we trade)
- Changes of Thrend after we place the buy_stop and Sell_stop
- more....

I hope that pple who are using the Dolly 2nd Clone to list down the variables that will affect the entry and exist.

If you could produce the logic, that would even be the best.

Comments... Thanks...

I want to improve the EA!

How is the trend actualy determined? I did notice that last week Friday for the USDCHF, the trend kept flipping constantly downtrend/uptrend. Would the EA constantly be buying/selling or how would it handle sych a situation?

Currently the EA only determine the thrend a specific time,

that is at 00:00, it would see the H4 and D1 Thrend.

The price almost must be within the channel so that it can place a buy/sell stop.

therefore,

H4, D1 Green -> Buy Stop
H4, D1 Red -> Sell Stop

There is only 1 Buy/Sell Stop a day unless the thrend changes.

at 23:50, all the pending orders and open orders are closed (not sure for the open orders, is this a good idea)


Basically that how the EA work.

To answer your question directly, It will not open multiple orders.



My thinking is should we be detecting the price when it hit the buy area or sell area to place a trade instead of placing a sell/buy stop 10 pips away.

The Coditions would be
1) Ask Price <= Buy Area
2) GMACD H4,D1 both equal to Green(Up Thrend)
3) Place Order

If the above is the case, the EA would be placing a few orders. Then maybe we will only open a trade when there isn't any trade running. Or maybe could be some other filtering options.

For eg, open another trade only after its 2 periods away.




Any suggestions, people?