Originally Posted by ryanklefas

What it is:
Below, you'll find my Swiss Army EA. I've designed it so that it can manage orders in your MT4 terminal using a large variety of methods. Features includes breakevens, trailing stops, setting/removing for takeprofits and stoplosses, and many close-out conditions; you also have ability to tell the EA which orders it can manage. This EA is an attempt to do away with little scripts for deleting orders and whatnot and just put ALL that crap in one nice package. I figure this EA should be useful for manual traders, and may also to augment EAs that are skimpy on their features, although I cannot guarantee that it will be fully compatible with all EAs.

How to use it:
Apply it to a chart. The orders that it is allowed to manage can be changed by changing the "Specific" options. It will perform trailing stops, breakevens, or closing of orders (as specified by user) for whatever orders it is allowed to manage (also specified by user). For example, if Swiss Army EA is allowed to manage all orders and you enable the trailing stops to 30, it will apply a trailing stop of 30 to all orders in your terminal. The EA will print to the screen what it is allowed to do, so that should help you along in figuring out what it is doing. Each instance of Swiss Army can only hold a certain number of settings without causing conflict within itself. If you require many different management features to be enabled, you may have to run another instance of Swiss Army to do everything that you want. Remember: You need one CONDITION, one ACTION, and one ORDER TYPE, at least.

What I need from you, the user:
If you want to use the EA, but don't know how to get it to what you want, post and ask me about it. I'll be able to provide you with a list of settings to use if the EA currently supports it. Please leave feedback and tell me what kind of management options you'd like to see in future versions; feel free to post any scripts, code, or functions that you believe would be useful.




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New Features for Version 1.51 (June 26, 2007):

IMPROVED: The actions that appear under ths "Modify Orders" section can now modify pending orders
IMPROVED: TakeProfits and Stoplosses, when set, will be applied to any hedge orders that are opened by Swiss Army
CHANGED: TakeProfits and Stoplosses, when set, will be in relation to the order's open price, NOT the current price (as in v1.5)
NEW FEATURE: RequireAllConditions when selected, will require that all selected conditions be met before actions will occur. For example, if a drawdown of 1% and Time_Activation at 12:30 are selected, actions will occur if at 12:30, if there is a drawdown of 1% or more.

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Questions and Answers for v1.51 (First time users should read this part):



Swiss Army DOES NOT trade. It does not place any order according to any strategy, nor does it use indicators for any reason. It's sole purpose is to "manage" trades that already exist on your account.

The trailing stop is always X pips BEHIND the current price, X being the number that you specify.

This is not how the Breakeven feature works. The Breakeven feature can only be activated once, and after that, it will no longer modify the stops.

Breakevens and TrailingStops are two different methods for managing the orders' stoplosses.

Because "BreakEvenAt" is at 10, when an order is profitable by 10 pips, its stoploss will be set to the open price (which will make it "breakeven") The "BreakEvenSlide" at 20 will move the "breakeven" point 20 pips higher than the order's open price, which, in this case, is not possible; therefore the "BreakEvenSlide" input must always be less than the "BreakEvenAt" input.


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KNOWN BUGS for v1.51:

"Largest Recorded" statistics are not calculated.
Actions not fully executing for some conditions (due to time lag)

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WISH LIST (whenever I get around to them):

Day of Week selectable for Time_Activation
Specific Orders selectable as an "Order Type"
Margin Statistics on screen

Originally Posted by Dazzer

I always have 2 trades running on the same pair at the same entry price. I always place orders and wait for them to be hit. I hardly ever use instant execution.

For the first trade, I have a very conservative take profit point for whichever pair I'm using. By the way I trade EUR/USD, EUR/GBP and GBP/USD. For the second trade the stop is the same, but there is no take profit target. I wait for the market to decide when its had enough.

So when the first trade is closed at the take profit point, I always amend the second trade to BE manually just in case price moves against me. But sometimes if I'm busy and away from the computer, my first take profit can be hit (which is good) and then price can retrace causing a loss (which of course is bad!). What I need is some way that my SL on that second trade can be automatically moved to BE when my first take profit point is hit just in case price retraces. I'm sure its there in that EA, its just that I can't work out what to put in the settings to get what I need.

If someone could explain to me as if I was stupid how to get this set up, I would be very, very grateful.
I'm really sorry to be a pain in the ass and for the long message.

Thanks again

Dazzer

Originally Posted by Jagg

Same here.... is this possible with Suisse Army EA v1.51?

- trade two orders of one symbol
- both should get a stop loss of x pips
- one order should get a take profit order of x pips
- the second should get no take profit order but after hit x pips profit it should get/move the stop order to breakeven

Bold lines looks good/possible now but how to do the last line (italic)