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Davidke 20 has done an excellent job.We can forward test this EA and then thank him fully for his effort
Most of you should spend some time testing the settings and optimisation.Your contribution can be in finding the best settings for all the currency pairs and posting them here.
Here are two instant profitable results from testing
There are many more which you can find,so please make an effort and post.
"extern int Duration = 0; // Time to kill pending orders if untrigger"
Is this in Days or Hours or Seconds?
Thanks
Thanks for the question, it is a reminder for me in this case. I left out this important function, its not complete on the previous version. Please redownload the latest version.
Duration=Seconds to kill untrigger pending orders.
eg.
Duration=3600seconds
Open Pending Buy 1.2000 at 23:55
Trade not trigger
Kill Pending Buy 1.2000 at 00:55
eg2.
Duration=4200seconds
Open Pending Sell 115.00 at 15:00
Trade not trigger
Kill Pending Sell 115.00 at 14:10
Hope this help.
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
Could someone explain to me how to read the two MACD indicators so I know what triggers a trade, then I can adjust the indicator settings for other currencies.
also, David can you add in addition to the Duration option, to have another option of closing all pendings on a certain date, like if I wanted to close off all pendings at Friday 5:00PM so the EA can start fresh in the new week.
Thank you
Last edited by matrixebiz; 01-03-2008 at 01:32 PM.
Could someone explain to me how to read the two MACD indicators so I know what triggers a trade, then I can adjust the indicator settings for other currencies.
also, David can you add in addition to the Duration option, to have another option of closing all pendings on a certain date, like if I wanted to close off all pendings at Friday 5:00PM so the EA can start fresh in the new week.
Thank you
Try this 1. If you use FridaySafe, it will close off all orders after broker time breached your preset HH:MM 24hr.
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
Try this 1. If you use FridaySafe, it will close off all orders after broker time breached your preset HH:MM 24hr.
Regards
David
Ok, thanks man, this setting will only close all Pending trades but leave the ones that are already triggered, correct?. Can you point me to the right thread that explains how to read the MACD indicators so I can understand when it signals. Not sure how the Red line corresponds to the Wave and what provides the signal to Buy or Sell. Thanks
Last edited by matrixebiz; 01-03-2008 at 03:25 PM.
Ok, thanks man, this setting will only close all Pending trades but leave the ones that are already triggered, correct?. Can you point me to the right thread that explains how to read the MACD indicators so I can understand when it signals. Not sure how the Red line corresponds to the Wave and what provides the signal to Buy or Sell. Thanks
NO. It closes anything with the same magic number on the same symbol. MACD can have many usage, some people like to trade the Moving Average of Oscillator(OsMA). Some people like to trade the SMA9 and EMA12-26. The most top of the range is the real MACD trader because as the MACD name is Moving Average Convergence Divergence, its most effective to trade Convergence and Divergence. But trust me, I bet half the world of trader failed to practice it. Because when you put the indicator on the H4 chart for divergence trading purpose, you can hardly get a trade in a month, dont even mention daily. If you need more defination on MACD, you can just google it. Tons of free material out there.
Besides, this EA doesn't work with the traditional MACD trading. Its solely based on Cid's idea that when Histogram crossed 0.0007 to make a buy and -0.0007 to make a sell trade. So, here we are.
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
NO. It closes anything with the same magic number on the same symbol. MACD can have many usage, some people like to trade the Moving Average of Oscillator(OsMA). Some people like to trade the SMA9 and EMA12-26. The most top of the range is the real MACD trader because as the MACD name is Moving Average Convergence Divergence, its most effective to trade Convergence and Divergence. But trust me, I bet half the world of trader failed to practice it. Because when you put the indicator on the H4 chart for divergence trading purpose, you can hardly get a trade in a month, dont even mention daily. If you need more defination on MACD, you can just google it. Tons of free material out there.
Besides, this EA doesn't work with the traditional MACD trading. Its solely based on Cid's idea that when Histogram crossed 0.0007 to make a buy and -0.0007 to make a sell trade. So, here we are.
Regards
David
Ok, thanks for the explanation.
Can you make a new EA that adds to only closes the pendings on Friday.
Then that should be it
Thank you
@David, here is an EA that closes only pending orders. Can you use this code and have it only close on Fridays as you did with the previous EA and merge them since I only want it to close pendings on Friday according to magic Number not All trades Thanks
EDIT: Can I just delete the following code from your new EA, so it still leaves Active/open Buy/Sell positions? ;
Code:
//Close opened long positions
case OP_BUY : result = OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(),MODE_BID),Slippage,Pink);
break;
//Close opened short positions
case OP_SELL : result = OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(),MODE_ASK),Slippage,Pink);
break;
Last edited by matrixebiz; 01-03-2008 at 09:06 PM.
@David, here is an EA that closes only pending orders. Can you use this code and have it only close on Fridays as you did with the previous EA and merge them since I only want it to close pendings on Friday according to magic Number not All trades Thanks
EDIT: Can I just delete the following code from your new EA, so it still leaves Active/open Buy/Sell positions? ;
Code:
//Close opened long positions
case OP_BUY : result = OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(),MODE_BID),Slippage,Pink);
break;
//Close opened short positions
case OP_SELL : result = OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(),MODE_ASK),Slippage,Pink);
break;
Yes, you are right. You can see my codes already have all the codes included the OP_SELLSTOP & OP_BUYSTOP. No point for me to make another version with lesser function, so you can change my code, and it will give you immediate effect. Remove the case with OP_SELL && OP_BUY from the order close function. Leave the OP_BUYSTOP & OP_SELLSTOP on the EA will do.
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
Linear Mode
