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  #1 (permalink)  
Old 09-23-2006, 05:40 PM
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4 Hr Expert very profitable needs conversion
This EA is very profitable in Metatrader 3. Can somone convert it to MQL4.
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File Type: mql 4 Hour Multi Pair.mql (3.0 KB, 70 views)
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Old 09-23-2006, 06:38 PM
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Can you post a statement showing that this strategy is profitable? Also on what pair?

This strategy posts and cancels too many trades. There is a chance of getting banned by the broker because it taxes their server too much.
Last edited by Maji; 09-23-2006 at 06:45 PM.
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Old 09-23-2006, 07:51 PM
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Quote:
Originally Posted by Maji
Can you post a statement showing that this strategy is profitable? Also on what pair?

This strategy posts and cancels too many trades. There is a chance of getting banned by the broker because it taxes their server too much.
Out of curisity, how many trades is too many? On Average, how many trades do most brokers allow at one time?
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Old 09-23-2006, 08:46 PM
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I don't know the answer to that question. However, this system maybe putting in and cancelling orders on every tick. That will perhaps be too much for the brokers' server to handle.

I am not sure, but the total number of orders you can place/have at a given time for IBFX is 500. Is that what you were asking?
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Old 09-23-2006, 10:54 PM
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Quote:
Originally Posted by saslam
This EA is very profitable in Metatrader 3. Can somone convert it to MQL4.
hi Saslam...

I already convert your EA with yousky tool but it gives 2 errors and i don't know how to fix it..

Maybe someone could help u...
Attached Files
File Type: mq4 4 Hour Multi Pair.mq4 (7.4 KB, 45 views)
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Old 09-23-2006, 11:23 PM
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last month gbpusd backtesting is not impresive. Conversion tool does not understand arrays like Low[0], Time[0] so I assume its
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File Type: mq4 4 Hour Multi Pair.mq4 (7.4 KB, 31 views)
Last edited by user5000; 09-23-2006 at 11:45 PM.
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Old 09-23-2006, 11:30 PM
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fixed untested
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File Type: mq4 4_Hour_Multi_Pair[1].mq4 (7.4 KB, 79 views)
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Old 09-24-2006, 12:29 AM
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Hi, here is my translate. seems like gambling. if you like price action EA, have a look to profit generator.

jojo
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File Type: mq4 4H_expert.mq4 (5.0 KB, 107 views)
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Old 09-24-2006, 11:57 AM
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Thanks guys for converting to MQL4. This EA is similar to Profit Generator, but this places stop orders and if the price pulls back it cancels the order. This EA must be used during fast market movements.
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