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Please excuse my ignorance here, and just confirm, I can enter a trade on my FXPro account and the trade will be copied accross to my IBFX account. or am I in the wrong movie.
Thanks again
Amatrader
Ignor that last question, I tried it and it works, so the answer is yes. hmmm, now I wonder what about from my machine to someone elses in Japan...
Hi Jeff,
First of all thank you for your great EA, it works wonderfull. I've tested SendCopiedTrades EA and it works as described, there is small delay in order execution on 2nd platform (about 10 - 30 seconds), which sometimes results in different entry price (difference about 2 - 3 pips). But that is O.K., because sometimes price moves in opposite direction from entry price and you will have extra 2 - 3 pips in profit .
When I was testing SendReversedTrades EA I've noticed that on 2nd platform it executes mirrored trades as per reversed logic ( StopLoss becomes TakeProfit and Take Profit becomes StopLoss).
Example: pair GBPUSD
1st platform sell at 1.7624, TakeProfit 1.7604, StopLoss 1.7644
2nd platform buy at 1.7628, TakeProfit 1.7644, StopLoss 1.7604
So far so good. Lets say price moved to 1.7604 (this is the price we see on charts), in this case we have StopLoss on 2nd platform minus 24 pips , but on the 1st platform order is still open and it triggers to open another buy order on the 2nd platform at 1.7608 with StopLoss at 1.7604 and TakeProfit at 1.7644. And right away we have another minus 4 pips.
My question is : is it possible to add spreads into reversed trades to avoid this situation. In our example we would have:
1st platform sell at 1.7624, TakeProfit 1.7604, StopLoss 1.7644
2nd platform buy at 1.7628, TakeProfit 1.7640, StopLoss 1.7600
Hi Jeff,
First of all thank you for your great EA, it works wonderfull. I've tested SendCopiedTrades EA and it works as described, there is small delay in order execution on 2nd platform (about 10 - 30 seconds), which sometimes results in different entry price (difference about 2 - 3 pips). But that is O.K., because sometimes price moves in opposite direction from entry price and you will have extra 2 - 3 pips in profit .
When I was testing SendReversedTrades EA I've noticed that on 2nd platform it executes mirrored trades as per reversed logic ( StopLoss becomes TakeProfit and Take Profit becomes StopLoss).
Example: pair GBPUSD
1st platform sell at 1.7624, TakeProfit 1.7604, StopLoss 1.7644
2nd platform buy at 1.7628, TakeProfit 1.7644, StopLoss 1.7604
So far so good. Lets say price moved to 1.7604 (this is the price we see on charts), in this case we have StopLoss on 2nd platform minus 24 pips , but on the 1st platform order is still open and it triggers to open another buy order on the 2nd platform at 1.7608 with StopLoss at 1.7604 and TakeProfit at 1.7644. And right away we have another minus 4 pips.
My question is : is it possible to add spreads into reversed trades to avoid this situation. In our example we would have:
1st platform sell at 1.7624, TakeProfit 1.7604, StopLoss 1.7644
2nd platform buy at 1.7628, TakeProfit 1.7640, StopLoss 1.7600
Thank you.
Hello,
Here is an updated EA with respect to your idea. As the market is closed at this moment, I would test it at a later moment. You can eventually test it and tell me if there are eventually bugs.
SendReversedTradesSpread.mq4 in experts folder of MT4 instance 1.
TradeCopierSpread.mq4 in experts/libraries folder of MT4 instance 1
Regards,
Jeff
__________________ New trading system at non-US broker:
Hi Jeff,
Thank you for your fast response. I've tested SendReversedTradesSpread EA, but unfortunately for some reason it doesn't copy any trades. I did placed SendReversedTradesSpread.mq4 in experts folder of MT4 instance 1, and TradeCopierSpread.mq4 in experts/libraries folder of MT4 instance 1, restarted MT4 platform. I guess there is some bug that prevents trades to go through.
By the way it works better(original version) when it is attached to GBPJPY pair(M5). Delay between trades is only a couple seconds.
Hi Jeff,
Thank you for your fast response. I've tested SendReversedTradesSpread EA, but unfortunately for some reason it doesn't copy any trades. I did placed SendReversedTradesSpread.mq4 in experts folder of MT4 instance 1, and TradeCopierSpread.mq4 in experts/libraries folder of MT4 instance 1, restarted MT4 platform. I guess there is some bug that prevents trades to go through.
By the way it works better(original version) when it is attached to GBPJPY pair(M5). Delay between trades is only a couple seconds.
Thank you for your great work
I will have a look at this problem in the course of this week.
Jeff
__________________ New trading system at non-US broker:
I can't seem to make it work. Can anyone give me a hand? I'm trying to transfer EA/Manual trades from ODL to IBFX but, I can't seem to get it to work. Can any of you guys tell me step by step where to put each and every file with correct settings?