Is BigBob still viable?

[Radar]

Mornin' folks,

I've been reading so many threads on FF, then here, and trying different EA's, and came across a few concepts which really caught my imagination...

The first was pipEasy's millipede, but the idea of leaving trades just sitting there at breakeven didn't quite sit right with me, since I don't have the sort of readies that he's playing with, and it was a lot of work, writing journals, working out which trades to close when there's a retrace, etc...

The next thing that caught my eye was the caterpillar... There was the answer to all the hard work in maintaining a millipede... Each open trade gradually locks in more profit for when a retrace hits, and those trades that don't get hit will continue to climb when the main trend is re-established...

The third was Carolco... The idea of phasing into the trend looked good, but closing each trade at a certain profit level, then opening a new one didn't quite fit into the millipede concept...

The final thing that got my juices flowing was Stealth... We can't keep the criminals honest, but we can keep them ignorant;)

BigBob has all of these, so, as long as the trend and retrace/reversal detection hits the spot, I can try and modify it so that Coralco sets the grid, then only takes half the profits of each trade, with the caterpillar crawling along behind, moving a set number of pips when each Coralco trade takes its profit... When there's a retrace signaled, Coralco sets up a series of pendings in that direction... All this with stealth, and having hard stoplosses updated every hour or so. Then again, I could just modify the caterpillar, and leave Coralco out altogether.

I wonder what the global variable limit is in Empty4... Might have to write to a cvs file every once in a while if there's too many trades open, then read it back when modifying hard stoplosses.

Don't hold your breath waiting for my mod, though, 'cos my head hurts just looking at code, let alone working out what has to be changed where.

Have fun!

Radar =8^)

[SteveHopwood]

I coded BB before:

• 1) I learned to comment my code properly
  2) My ability to structure code became erm umm an ability to structure code.......?

As I write this, I do not even remember what BB's trading methodology is, so I cannot be much of a help here. What I can say is that any form of trade management is best called from within void CountOpenTrades(). This function sets up all the variables that the EA works with further down the line, so working with open trade management here has become the custom in my ea's.

Good luck. Reading someone else's code is a bugger even when it is well commented and this one is not.

[Radar]

Thanks, Steve:)

I've been reading your coding tips, such as using small example scripts to test ideas, and have read your shell script and thread, and downloaded Coder's Guru's MQL4 Course, so I have the tools available... I just need to work out how to use them


Have fun!

Radar =8^)