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  #1 (permalink)  
Old 06-26-2008, 11:23 PM
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Wink very interesting expert advisor creation

hi, i'm Flavio...i'm new in this forum!
excuse me for my bad english because i'm writing from italy.
i hope you understand my request about expert advisor
i'd like to create an expert advisor but i don't know metatrader language therefore i ask you if someone qualified can make it...
this is idea: when candlestick open in Eur/Usd timeframe 5Min, expert advisor set order if 1pip up candlestick entrance in long...
if 1pip down candlestick entrance in short...
take profit: 1 or 2 pip and, if it is possible, drag automaticly take profit till trend stop.
stoploss: when return at candlestick entrance (therefore -1pip) moreover from here reset and restart if 1pip up long, 1down short...
close order/s: when arrive takeprofit or when open new candlestick (every 5min.)
is description clear?
can you help me to realize an expert advisor on this idea?
thank you very much for your kindness and patience!
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  #2 (permalink)  
Old 06-26-2008, 11:27 PM
xtf xtf is offline
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you've forgotten about the spread
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  #3 (permalink)  
Old 06-26-2008, 11:32 PM
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Quote:
Originally Posted by xtf View Post
you've forgotten about the spread
not just that, one and two pips on scalp is not allowed by most broker , unless you plan to use the expert on ECN broker and trade inside the pip, then one nice move will kill the account
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Old 06-27-2008, 12:20 AM
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by oanda there is 0.9 spread eur/usd
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Old 06-27-2008, 12:23 AM
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by oanda there is 0.9 spread eur/usd...
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Old 06-27-2008, 12:31 AM
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Quote:
Originally Posted by MiniMe View Post
not just that, one and two pips on scalp is not allowed by most broker , unless you plan to use the expert on ECN broker and trade inside the pip, then one nice move will kill the account
by oanda there is 0.9 spread eur/usd and i can set every take profit or stoploss from 0 to ....
is for anyone possible make this expert advisor? so i can test it...
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Old 06-27-2008, 12:43 AM
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Quote:
Originally Posted by flaviomiccoli View Post
by oanda there is 0.9 spread eur/usd and i can set every take profit or stoploss from 0 to ....
is for anyone possible make this expert advisor? so i can test it...
Oanda supports mt4 for expert trading???
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Old 06-27-2008, 01:20 AM
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hi

Quote:
Originally Posted by MiniMe View Post
not just that, one and two pips on scalp is not allowed by most broker , unless you plan to use the expert on ECN broker and trade inside the pip, then one nice move will kill the account
how about interbankfx ? I think 1 pip tp is ok

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Old 06-27-2008, 02:27 AM
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Quote:
Originally Posted by prasxz View Post
how about interbankfx ? I think 1 pip tp is ok

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in the past IBFX, used to force a time limit and pip value , but when I check with them today, they seems to be ok with any trading style

personally for inside pip I would suggest
Forex Broker - Metatrader 4 - No dealing desk - Currency Demo Trading - ATC Brokers
they are an ECN , MT4 , I haven't tried them I just got the demo and I know you can trade inside the pip


you: hi whats the time and pip limit to stay in the trade for scalp in IBFX
Client Services 80: In accordance with our no dealer intervention business model it is not the policy of IBFX to police the trading style and activities of our clients. However, as a general rule we recommend that clients remain in trades for a duration of at least 90 seconds.
you: or how many pips
Client Services 80: We don't have a pip marker.
Client Services 80: We just recommend 90 seconds.
you: but if I made a scalper to exit the trade at 1 pip TP will it be stopped ?
Client Services 80: We do not monitor or stop you on your trades since we are not a dealing desk.
Client Services 80: We are considered a starting through processor.
you: so I can make an expert to take profit at 1 pip and that would be fine ? even though its recomended to stay in the trade for 90 seconds ?
Client Services 80: Yes, that is correct.
you: ok thanks a lot will test this on a demo
Client Services 80: You are welcome.
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Old 06-27-2008, 01:51 PM
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Quote:
Originally Posted by flaviomiccoli View Post
hi, i'm Flavio...i'm new in this forum!
excuse me for my bad english because i'm writing from italy.
i hope you understand my request about expert advisor
i'd like to create an expert advisor but i don't know metatrader language therefore i ask you if someone qualified can make it...
this is idea: when candlestick open in Eur/Usd timeframe 5Min, expert advisor set order if 1pip up candlestick entrance in long...
if 1pip down candlestick entrance in short...
take profit: 1 or 2 pip and, if it is possible, drag automaticly take profit till trend stop.
stoploss: when return at candlestick entrance (therefore -1pip) moreover from here reset and restart if 1pip up long, 1down short...
close order/s: when arrive takeprofit or when open new candlestick (every 5min.)
is description clear?
can you help me to realize an expert advisor on this idea?
thank you very much for your kindness and patience!
Here you are .........Wolfe had made it before .....use kayvan method
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