The Hidden Pending EA

[jauhar]

I think it would be useful to be able to trade only in one direction using UseCandleHighLowForInitial=true. This will allow entering into a trend after a retrace. Also a user-defined gap(in pips) above the High or below the Low will be a good addition.

Cheers,
Jauhar

[Louisetano]

I think it would be useful to be able to trade only in one direction using UseCandleHighLowForInitial=true. This will allow entering into a trend after a retrace. Also a user-defined gap(in pips) above the High or below the Low will be a good addition.

Cheers,
Jauhar

I second that
That's how I've been using it

[Over60]

Hi Doc and Jauhar,

thanks for your additional explanations and communication.
Btw, did anyone already used limit-pendings with the HP in conjunction with buy-/sell-pendings?

Over60

[Over60]

In addition, limit-orders should be managed separately.

Actually, it makes no sense to use limit-orders with identical settings used together with buy-/stop-orders in the same instance.

I can place manually limit-orders to be managed by the APTM, but then without stacking functionality because of missing the appropriate magic-number, the HPEA needs to operate with stacking.

A numerical input like the buy-/stop-orders maybe could solve this request.
To make pending-limits visible, from my point of view, there is no need to manage limit-orders hidden.

Anyway I don´t know, if there are internal conflicts by the HP to manage stop- and limit-orders simultaneously with stacking feature in the same instance.

Maybe there is a script to place a buy- and/or a sell-limit-pending by default with an appropriate MN, the HPEA will recognize?
Last version by OOTB, MN = 0? @Milanese: Is that intended?

Such a script might be also helpful for initial-orders to create a corresponding magic-number the HPEA can work with.

Moving on…friends

Over60

[milanese]

In addition, limit-orders should be managed separately.

Actually, it makes no sense to use limit-orders with identical settings used together with buy-/stop-orders in the same instance.

I can place manually limit-orders to be managed by the APTM, but then without stacking functionality because of missing the appropriate magic-number, the HPEA needs to operate with stacking.

A numerical input like the buy-/stop-orders maybe could solve this request.
To make pending-limits visible, from my point of view, there is no need to manage limit-orders hidden.

Anyway I don´t know, if there are internal conflicts by the HP to manage stop- and limit-orders simultaneously with stacking feature in the same instance.

Maybe there is a script to place a buy- and/or a sell-limit-pending by default with an appropriate MN, the HPEA will recognize?
Last version by OOTB, MN = 0? @Milanese: Is that intended?

Such a script might be also helpful for initial-orders to create a corresponding magic-number the HPEA can work with.

Moving on…friends

Over60

MagicNumber=88987 this is the OOTB

if you want to use together on the same pair limit and stop orders you need two distances of the HPEA with different magicnumbers and you must deactivate in both manage all trades in this pair option..

Cheers

Tommaso

[milanese]

Hi,
Sorry for being dense....
There are lots of settings in this EA which are great for the way I trade , but I am only interested in trading in one direction. So I am not interested in the initial pendings set in both directions.
Which settings should I use to achieve this??

you should only select buy, or sell price, and select DeleteOppositeAfterFill to true and set stacking like you want.

Cheers

Tommaso

[milanese]

I think it would be useful to be able to trade only in one direction using UseCandleHighLowForInitial=true. This will allow entering into a trend after a retrace. Also a user-defined gap(in pips) above the High or below the Low will be a good addition.

Cheers,
Jauhar

I will add this with the next update, thanks for the idea..

Cheers

Tommaso

[Over60]

Hi Milanese,

thanks for your support and comments.

Even with an additional Empty4-instance, I´d prefer to place limit-orders numerically, like the buy-/sell-stops, instead of pip-distance to price on the top- or bottom-levels of any range, which differs bidirectional by the distances.

Thanks and moving on ...

Over60

[jauhar]

I think it would be useful to be able to trade only in one direction using UseCandleHighLowForInitial=true. This will allow entering into a trend after a retrace. Also a user-defined gap(in pips) above the High or below the Low will be a good addition.

Cheers,
Jauhar

I will add this with the next update, thanks for the idea..

Cheers

Tommaso

Hi Tommaso,

Thanks for your time and support. In the proposed update, after we are able to trade in one direction using UseCandleHighLowForInitial=true, I think the SetNewEveryNextIfNotFilled=true behavior should also change accordingly. When a new bar forms and the order is not yet filled, it should move the pending price of buy stop to previous candle High ONLY when the previous bar is DOWN. Because when it is UP, it is already moving towards the pending price. Also for sell stop, the pending price should move to previous bar Low ONLY when the previous bar is UP.

Cheers,
Jauhar

[milanese]

march 18th,2015
update adding a CandleHighLowBuffer set this to the pips the price must supperate the candle high/low to get the order filled
New you can select if you want only use the High or the Low or both for the useCandleHighLowForInitial
function, note this functions is only for the first EA trade valid (if there is no other trade on the symbol with the EA magicnumber open) and overrides in that case your other settings.
SetNewEveryNextIfNotFilled will only move the pending prices if the last high was lower and vice versa.. see ---> http://www.stevehopwoodforex.com/phpBB3 ... 54#p117654
too some little fixes done in the code

Pelase download the latest version build 168 from the first post.

Thank you all for your contributions! Your ideas make this toy always more usefull and flexibel..

Cheers

Tommaso

Hi Tommaso,

Thanks for your time and support. In the proposed update, after we are able to trade in one direction using UseCandleHighLowForInitial=true, I think the SetNewEveryNextIfNotFilled=true behavior should also change accordingly. When a new bar forms and the order is not yet filled, it should move the pending price of buy stop to previous candle High ONLY when the previous bar is DOWN. Because when it is UP, it is already moving towards the pending price. Also for sell stop, the pending price should move to previous bar Low ONLY when the previous bar is UP.

Cheers,
Jauhar