New version attached to first post! new version dic.4,2014
New input MoveSLOnlyIfWin if set to true the SL will only be moved after the EA has set the BE and the position is in profit(this is OOTB and is same as prior version did use the JS). If you set it false the SL distance to actutal price will alwyas be the initial SL-distance, that is why the EA automatic sets SLMinDistanceToPrice to the SL value ( as this will make no sense if your SL is 0 the EA will set in this case the SL to 30 pips).
Please test the new function on a demo before using live, just for making sure that you understand the logic...
Some experiences, which came up with the Hidden-Pending-EA last year.
Btw: I also use the All-Pair-Trade-Manager.
Hidden-Pending-EA: To delete the user display, it will work only after remove and a new attach of the EA. Please be aware to close before the automatic trading buttom.
Concerning the moving offset hedge-order function, if set to true, even by deleting one direction in the header of the EA, if set before to long and short by true (bidirectional), the opposite hedge function, if set to true, will be still in action, indicated by the active opposite orderline.
If I do not want to hedge, by trading only in one direction, a new magic number should be entered simultaneously and after than (similar to a reset), I make clear, that the opposite orderline did disappear after the new settings, switch off “move opposite order”, otherwise the EA will place and stack trades furtheron in the opposite direction, even one direction is set to false, without reset by a new magic-number.
I regret, that some EA´s did not work in the strategy tester (ST) to watch, trail and test the settings and functionalities. It might be an advantage, to trail the function and adapt the settings by the optimization-tool within the strategy-tester in regard to e.g. TP and SL values, especially of the different vola, regarding the pairs, regarding the settings, maybe to achieve a little better performance or to convince myself, that the settings of myself will not perform by the provided results. I made such experiences with a simple scalp-EA in demo, only to find out, how my settings did perform.
The Empty4-ST is not a tool how to predict money-printing, be it for self-adulation for any introduced EA, but it might be useful, not only helpful for beginners to find out, how an EA will work, operate and to find settings, which do not correspond in general with actual market movements. The ST is also not the holy crail, but can serve to become acquainted with automatic or semi-automatic trading by simulating different settings, similar like learning to drive for a car driving license in different situations.
Unfortunately, the ST will not simulate spikes or especially high vola periods, which occurs within seconds or minutes, not available or recorded in the Empty4-crap, resp. ST-data, so the trailing with stacked orders features will remain very important in the future.
Trailing is an issue for itself, because unexpected very high spikes within short time are a nightmare for all robot-traders in FX, because of missing fills, spreads, slippage.
Beware of this all of the time and be prepared, not only concerning open- and new-times by an emergency-stop.
Yes guys, I know, there are traders, which banned the Empty4-ST completely, but for me, it depends for what purposes it can be used in the right sense.
To watch how an EA will operate concerning different market scenarios in the right way, even by using indicators and watching, if the functions and settings will work as they should.
In the second step, I can try the optimization-feature, to confirm my basic settings, how they did perform or not. It might be sometimes good for any surprises, before running into troubles due to emotional assumptions.
No more nor less.
Trade well my friends…
Let´s try it again and much success in 2015
Thanks to “Milanese” for his incredible patience and effort he does perform
Over60
I did add on first post a link to your last post, as it is a great explain for all who have certain problems, how to use the EA, thank you for this and thanks to your very good inputs!
Have a great 2015
if you do not have any serious meanings or imaginations or comments, please do not spread any funny pictures from the kindergarden and delete your post quick a.s.a.p.
if you do not have any serious meanings or imaginations or comments, please do not spread any funny pictures from the kindergarden and delete your post quick a.s.a.p.
Thanks for all the wonderful works you and Steve have been doing for this forum
In the EA, the Risk Percent/ and UseFixedLots are not shown as external variables for user's adjustment
Kindly make and include Risk percent and the UseFixedLots as external variables.
Also, I discovered that the Risk Percent variable is not working properly after setting it to True in the code. please check it again
Thanks for all the wonderful works you and Steve have been doing for this forum
In the EA, the Risk Percent/ and UseFixedLots are not shown as external variables for user's adjustment
Kindly make and include Risk percent and the UseFixedLots as external variables.
Also, I discovered that the Risk Percent variable is not working properly after setting it to True in the code. please check it again
Thanks
the EA is not previsted to work with risk% as it would make with all the different setting possibilities no sense, that is why the function should not be used and there are no externals, the EA uses as base some of my shell code, that is why you find inside modules that will not work with this EA.
I wish you too all the best for 2015!
i have on my demo test the EA and he open a lot of trades when i change the timeframe,
could it unload itself from the chart, after a pending order is filled?
Thank you :hi:
Cheers Gunter
This is a good idea I will later post an update..
Cheers
Tommaso
Hi Milanese,
Can you please advise what extern settings are used for setting up hedging?
as mentioned in the other thread im wanting to achieve the following.
at -30 Pips start hedge trade in opposite direction using 200% of original trade.
With option to close both trades at break even or + xyz pips
Can you please advise what extern settings are used for setting up hedging?
as mentioned in the other thread im wanting to achieve the following.
at -30 Pips start hedge trade in opposite direction using 200% of original trade.
With option to close both trades at break even or + xyz pips
must also have hedge the hedge turned off
Is this possible with this EA?
you should read this post http://www.stevehopwoodforex.com/phpBB3 ... 46#p109446
too the first post and the links the first post gives, and the entire thread then you will have a first idea ,how this EA works. Too try the EA on a demo with different seetings to understand more the working.
Click here to go to the BoardKnowledgeBase
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