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- stockwet replied Mar 8, 2007
I've never really used the visual tester. Maybe I'll have to play with it and see what it does.
Favorite FX Tools
- stockwet replied Mar 8, 2007
Dude, I wasn't commenting on whether or not 1 year is a good number to use for backtesting. The comment was that I could get through 1 year in a few hours. stockwet
Favorite FX Tools
- stockwet replied Mar 8, 2007
I've not had that happen before. The only time it would happen is if 1) your expert gets de-initialized and then re-initialized. This could happen if you press the experts button off then on, close MT4, or get disconnected/reconnected from your ...
Manage Take Profit EA
- Favorite FX ToolsStarted Mar 5, 2007|Trading Discussion|15 replies
I'd like to get an idea of what some of your favorite tools are for trading FX. This isn't meant ...
- stockwet replied Feb 26, 2007
Look on page 3. I posted a script there that you can use.
Manage Take Profit EA
- stockwet replied Feb 26, 2007
No, it works fine with Magic numbers. You just have to have a way to make sure an order you submit has a magic number in the first place. Currently, the only way to do that in MetaTrader is by using an EA or a script. Here are a couple resource ...
Manage Take Profit EA
- stockwet replied Feb 24, 2007
Yes, There should be a comment when the EA runs that tells you whether it's managing all trades or a specific trade associated with a specific magic number. stockwet
Manage Take Profit EA
- stockwet replied Feb 24, 2007
OK. The magic number feature allows you to manage specific trades on a currency pair. For instance, asssume you're trading two different methods - one long term, another short term. If you open one order which offers a magic number option (for ...
Manage Take Profit EA
- stockwet replied Feb 17, 2007
Tony, It's possible. You'd need to compare the lots remaining on a position against what you have for close_lots. If they are the same, then, don't take any more profit. I guess that's the best way I can think of doing it. Another idea is to have an ...
Manage Take Profit EA
- stockwet replied Feb 9, 2007
I know it doesn't do exactly what you want, but, you should take a look at the ManageTakeProfit thread in this forum. I created an ea that takes a certain number of lots out at various increments. It might get you part of the way of where you want ...
Question re partial TP
- stockwet replied Feb 5, 2007
Hey Wally, Actually, what will happen is that after your first target is hit at 20, your second target will be set to 20 + 0 (target increment). So, you'd have .01 out at 20 and the next .01 out at 20. If you want the second taken out at +60, you ...
Manage Take Profit EA
- stockwet replied Feb 4, 2007
1. No, it doesn't use a percentage of your position. 0.2 means 2 mini lots, or 2 micro lots depending on how your broker has you set up. 2. Set the close_lots to the size of the position. I do this alot, too. So, if I'm trading with 3 lots and want ...
Manage Take Profit EA
- stockwet replied Feb 4, 2007
Hi Wally, Well, I have a couple of ideas. First, I don't think the EA works as you intend. It's not really setup to be a trailing stop. The idea is to take profits out at defined increments. In your scenario, with an Initial TP of 40 and a Target ...
Manage Take Profit EA
- stockwet replied Feb 2, 2007
Hi Tony, I haven't seen the behavior you mentioned. Which EA version are you using? Also, could you clarify a bit on the comment issue you had? I'm not following what the issue is. Thanks. stockwet
Manage Take Profit EA
- stockwet replied Jan 31, 2007
Max Loss is a positive number. I know, a little confusing, but, that's how I made it. So, if you want a 20 pip SL, just put "20" in the Max Loss field. The EA will manage both trades independently. The magic number will manage only the trade with ...
Manage Take Profit EA
- stockwet replied Jan 31, 2007
Thom, You can take partial profit out of a trade manually using MT4. First, right click your trade and select "Close Order". When the Close Order window appears, change the "Volume" to however many lots or mini lots you want closed. Then hit the ...
Manage Take Profit EA
- stockwet replied Jan 31, 2007
I've actually had good, rapid response to my support questions from VPSLand. The issue I'm having is related to performance. I'm not getting my full share of machine resources, which is resulting in poor performance at times. At one point, when I ...
Please recommend a new Virtual Private Server Provider
- stockwet replied Jan 25, 2007
I think I have the error figured out and am working on it now.
Manage Take Profit EA