A good man knows his limitations ~ Clint Eastwood
USD/TRY and EUR/TRY 12 replies
Fibo Group Feedback 23 replies
Need feedback on my trading breakouts system 8 replies
One World Capital... Need feedback 2 replies
QuoteDislikedHere's a modified version of Pipster's EA to address this issue. I'm using version 765.
When a trade is opened from the pending grid pool it's opposite number is deleted. No hedging should occur. A stop loss is in the place of deleted side for the opened trade, these are put in on initiation of the grid. This version should function the same as the original, but should save half the commission and spread cost.
Of course, with no hedge, it won't be possible to step out of the hedge grid one side at a time, such as Pipster just did.
A comment is...
QuoteDislikedJust so you know, if you can code a line that shows a calculated price for BE and profit target, it is the same math that can be used to place a single TP and SL for all trades to get them closed on the broker's side! This would make a huge difference in the outcome.
Disliked{quote} About that, Pipster. At present my numbers are based on calculated values for the grid. Because the spread changes in my account, so do the numbers. It would be much better if I stored the real values for the grid as it was created, similar to the arrays used to store ticket numbers in the no hedge version. My results are off some, checking it now my values are incorrect for the sell side after the overnight action. Back to the drawing board. It sure would be nice if I could just read the values for the stops directly from the pending orders,...Ignored
QuoteDislikedAnother cycle closed on that drop, nice
QuoteDislikedWould it be possible to also have a "StartNow" function so that it would trade the moment you drop it onto a chart rather than have to set start/stop times?
Disliked{quote} @Pipster Sure, that's easy enough. It could be set by the external inputs to any value, then that would be applied rather than having it float as it does now.Ignored
Disliked@Kosmo: Got it working after a fashion. I'm testing it a some to see if the numbers stay correct. It's only displayed in the comment block at present. I'll check into drawing those horizontal lines. Or would this be ok?Ignored
Disliked{quote} This version fixes a problem the original one had about resetting and reinitiating the program if MT4 was turned off. It holds the initial balance values in global variables that should persist, as Pipsters hedged version does.Ignored
Disliked{quote} Many thanks for your time and effort, dgodfrey. If your testing confirms that the numbers are accurate, I'll be happy with it as is. {quote} I'm getting a little confused... Doesn't the original hedged version have this problem? If it was fixed, I must have missed it. Please clarify. Here is the version I'm using. I'm pretty sure it has no such fix.Ignored