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Simple system

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I've been testing the one before last version but have changed the closing method... Monday and Tuesday losing 60 dollars on a 500dollar account but then Tuesday night I tinkered with the settings again and I not only pulled back the lost 60 dollars but I made another 160 dollars profit..... Very happy indeed. T
#91 - February 02, 2019, 04:58:41 PM

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Send me the settings you used please.
Also which version you used.
#92 - February 02, 2019, 05:02:48 PM

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Will do, it may be too early to judge but it's a money machine so far... Thanks again F.
#93 - February 02, 2019, 05:08:45 PM

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#94 - February 02, 2019, 05:31:13 PM

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I had a look at the account, in the open positions there are many trades at exactly the same price, the latest version of the EA will not open or modify buy or sell stops if there are already open orders on that level.
#95 - February 02, 2019, 09:55:17 PM

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Getting rid of the multiples would be good. The settings are 20 orders per side with a 50 point gap. I'm also using a trailing stop on another chart... It's called 'my keeper' and I downloaded it from the metatrader site (It trails by percent of profit) I have it set to activate at 40 points and to close at 50%. 

Edit. I think if we build something like that in we will have a very profitable ea.
#96 - February 02, 2019, 10:04:59 PM
« Last Edit: February 02, 2019, 10:06:31 PM by Blanco »

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To build EA profitable, it requires high patience, I want to have EA scalping the target points for only 20-30 points, but I don't know how to make it.
#97 - February 03, 2019, 03:27:44 AM

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To build EA profitable, it requires high patience, I want to have EA scalping the target points for only 20-30 points, but I don't know how to make it.
If you want a new EA, please start a new topic in the "New EA " section, with your entry and exit rules and as much info as possible, a coder will most probably code the EA for you then.
#98 - February 03, 2019, 05:49:32 AM

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Getting rid of the multiples would be good. The settings are 20 orders per side with a 50 point gap. I'm also using a trailing stop on another chart... It's called 'my keeper' and I downloaded it from the metatrader site (It trails by percent of profit) I have it set to activate at 40 points and to close at 50%.

Edit. I think if we build something like that in we will have a very profitable ea.
Which version are you running, you mentioned earlier you have the one on before the latest?
The latest version won't open new stop orders or modify them to a "live" order level.
If you recall, I suggested the trailing stop in the very beginning, and you said it will defy the whole object of the system. 
I can still add a trailing stop function.
#99 - February 03, 2019, 05:54:01 AM

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If you want a new EA, please start a new topic in the "New EA " section, with your entry and exit rules and as much info as possible, a coder will most probably code the EA for you then.
thank you, sir, I have made tread with topic
https://www.forex.zone/mt4-mt5-eas/7/free-ea-scalping/686#new
if you really have the code, you can share it on the tread.
#100 - February 03, 2019, 06:06:54 AM

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Which version are you running, you mentioned earlier you have the one on before the latest?
The latest version won't open new stop orders or modify them to a "live" order level.
If you recall, I suggested the trailing stop in the very beginning, and you said it will defy the whole object of the system.
I can still add a trailing stop function.

I'm using your v1.1(1) and yes, I remember that you advised a trailing stop but was hoping that you hadn't remembered 😬. The original system worked manually with the 'rolling up' close but being a human I would obviously protect my winnings in a non programmable way so that is my excuse and I'm stuck with it😇. T

Why does the latest version not open new stop orders?
#101 - February 03, 2019, 02:26:32 PM
« Last Edit: February 03, 2019, 03:09:20 PM by Blanco »

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If you already have an open buy stop order or you are on you max buys or an open sell stop  or max max sells amount of trades, it will not open a new stop orders.
The 2 versions you are running use the same magic number, the EA manages all trades with that magic number.
If you want to test the newer version EA in the same demo account, just change the magic number in the user settings (inputs tab).
#102 - February 03, 2019, 07:55:12 PM

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Profit and lost ini the business ia normal, as long as the management is good enough the opportunity for profit dan be increased
#103 - February 10, 2019, 10:25:03 AM

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If you already have an open buy stop order or you are on you max buys or an open sell stop  or max max sells amount of trades, it will not open a new stop orders.
The 2 versions you are running use the same magic number, the EA manages all trades with that magic number.
If you want to test the newer version EA in the same demo account, just change the magic number in the user settings (inputs tab).
what if it is made like this, initially using a different magic number and after opening the op of the two magic numbers then one of the EA magic numbers is matched, can it read all open orders
#104 - February 13, 2019, 12:11:38 PM

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Hi,

I have just found this forum and am impressed at how friendly and cooperative the members seem to be so I thought I'd ask if anyone might be interested in coding my very basic system. Unfortunately I trade in pennies and have no financial reward to offer but my little strategy works for me so perhaps it might have some value for you.

Basically on placing the ea on a chart it would immediately open a buystop and a sellstop at x distance. When one of the other is triggered then the remaining one is cancelled and moved up to within x pips of its opposite and continues to follow it at x distance (much like a trailing stop). When the market reverses and the 'following ' stop order is triggered then the original order is cashed in and replaced with a stop order which begins to follow its opposite. I use this system manually and obviously no indicators are needed ... I've found that it works as long as the ranging of the market is different from the x following distance.

Any help would be very much appreciated, tony.
Hello Tony, if you may know what system you are using ,? may i know, if i can i will help you coding your EA ... best Regards
#105 - February 13, 2019, 12:51:57 PM

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