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Hi Cross, what are your modifications and settings?
Regards, alassio
I like to use this system with large pipstep what is not most people recomend to do but...
Other systems didn't perform so well these days of strong trend
I am a newbie; started learning forex since just about eight months ago.
So far, I have tried several MT4 EAs. Frankly, I do find fancy on the 10POINTS3 family – particularly the GOBLIN BIPOLAR Edition. But I really need some assistance.
I will highly appreciate a stable, reliable version of the GOBLIN BIPOLAR Edition incorporated with the following features/components:
1.) The Magic No. feature should be programmed in such a way that the LONG and SHORT sequences respectively operate independent of each other so that even if one hits TP target, it will not in any manner affect the other running its course (unless closed manually). Not bad (for me) if two separate Magic Nos. (e.g. LONG Magic No., SHORT Magic No.).
2.) STOP LOSS to affect specifically the relevant Trade No. while not closing the entire sequence if any SL (of that sequence) is hit. For instance, if the Trade No. 1 hits set initial SL after the opening of Trade No. 4, only Trade No. 1 closes and does not close the entire sequence; and so on, until target Take Profit (TP) is eventually hit (or otherwise closed manually).
3.) Lot Multiplier feature that supports one decimal point fraction (e.g. 1.1, 2.7, 3.4, etc.).
Of course, I have scanned through a good part of the thread, and find many versions contributed by others each with one or two of the above-requested features. Apart from some concern for reliability, I don’t think I found any disposing all of the above features.
Hi,
anybody can help me adding some code for this EA (Goblin)?
I would like to add some kind of hedging to minimize a big loss due to nasty opposite movement.
Let me explain, pardon my poor English..
Suppose we are in EURUSD BUY condition, unfortunately the price goes down,
after MaxOrder reached and the price still goes down (agains our trade), then when next Pips (Distance in Pips from one order to another in Goblin) hit, EA will open new trade in GBPUSD SELL as an hedge (since EURUSD and GBPUSD is positive correlation).
It will be closed when the last order in EURUSD goes up and reached Zero profit condition, hopefully this time the price continue goes up until hitting SecureProfit, if not the sequence will be repeated.
I think i get this, but let me show you a better alternative (I guess)...
If you are in a BUY condition on EU and the price goes against you, lets say, 30 pips down, if in that condition you open a SELL in GU and price start to rise again till the first BUY get breakeven then you would be locking the DD at -30 because the SELL in GU would be at that moment -30. But, i think, if you then, in this similar case, open a SELL in GU but with 4 times the lot size but controlling it's TP virtually (with a function following this trade) then you could finish both trades in breakeven at leats.
Let's say, BUY EU, prices go against us 20 pips, then we open the protection SELL in GU with 4 times lot size and TP at 5 pips, if TP of that second trade is hit then we close both trades in breakeven (well, minus spread). That could make a good "bad trade" protection in case the counter trend against us where really clear. With 5 pips TP then we can get pretty HIGH possibilities to win and save the bad trade. Obviously in both cases you are in risk of a margin call if you are working with HIGH lot size or in a little account...
Hi Cacus,
thank's for your better idea, it will simplified the process and we still can get breakeven, even a small profit! ( a little bit greedy in a "bad trade" )
Anybody can help me adding the code for this in GOBLIN?
Mr. Bluto is the master coder........................
I love the Goblin. I wonder if we could integrate a channel indicator
(like shi_channel) to goblin so when the price action is near the edge
of a channel, it (goblin) would stop trading and wait for the reversal
instead of leaving negative trades open .