Multi 10:4 Trader EA

[Fourxxxx]

ok here's another one..

i set the max pairs to 8.. it's opening 20 pending.

Good idea, but perhaps a Zeljko filter could be more meaningful to contain risk?

at this point, the EA works great.. but not setting TP or SL.. so when it opens a trade, you have to manage it manually

If Stealth is true, then the EA will manage the trade, assuming the EA is running,

I'm telling you, i had a nzdchf trade open.. it went against me, and never closed at 240ma.. at the same time the EA was giving order errors

Have you changed the magic number to something other than 0?

[rebyte2]

was kinda funny, it opened 30 audnzd trades and closed them instantly

I got a bunch of the AUDNZD did the exact same thing on FXCM

don't you just love FXCM lol... 90% of their clients lose.. is that coincidence ? i don't freakin think so

Over 90% will loose their accounts..... no matter which broker.

[Fourxxxx]

ok here's another one..

Have you changed the magic number to something other than 0?

no, should i ?

From post #1 "Be sure to change the Magic Number from ZERO."

[snailbeard]

I changed this line:

Code: Select all

int trades = (openPairs(OP_BUY)+openPairs(OP_BUY));

To

Code: Select all

int trades = (openPairs(OP_BUY)+openPairs(OP_SELL));

[MrLong]

I changed this line:

Code: Select all

int trades = (openPairs(OP_BUY)+openPairs(OP_BUY));

To

Code: Select all

int trades = (openPairs(OP_BUY)+openPairs(OP_SELL));

Thank you.

[MrLong]

use stoch and AO for pull back

can you explain this a little ?

thanks in advance !

That means only start sending the stop orders if both the stoch and AO have pulled back, the 10.2 rules say only one has to pull back.

Andy

[Fourxxxx]

From post #1 "Be sure to change the Magic Number from ZERO."

oh ok, i must have misread it.. i thought it said to keep it at zero

thanks for the info

It quite clearly says change the Magic number.

[MrLong]

use stoch and AO for pull back

can you explain this a little ?

thanks in advance !

That means only start sending the stop orders if both the stoch and AO have pulled back, the 10.2 rules say only one has to pull back.

Andy

but we are using 10.4

thanks for the highlight without being sarcastic

Sorry my mistake 10.4

[zentauro67]

First, sorry for my english.

Great work, MrLong.

Only two days testing it, maybe too soon to say anything. Not too much experienced in EAs, so i apologize in advance if i make any stupid remark.

I don´t like trades too close to 240 MA, and above all, i hate when there is too much activity near the MA. Trade becomes a kind of scalping and if you set 1% or 2% risk, spreads can be hurting. Maybe could be interesting an option to avoid these kind of trades.

In the other hand, i don´t like neither price too long of MA (350, 400 pips). Odds of a reversal are high and retrace could be dangerous. Also interesting the option of avoid these trades.

I don´t know if it is possible to teach an EA "don´t buy the resistence" "don´t sell the support" when S/R match with pivots. It seems quite difficult to code such a thing. I think it would be a little improvement wait for a traditional breakout of previous levels instead of taking the trade few pips before of a resistence or support area.

Thank you for sharing.

[och]

was kinda funny, it opened 30 audnzd trades and closed them instantly

Fixed.

Andy,
Congratulation for your amazing work. I can imagine the amount of work you aleady done and the time spend (or maybe I can't). Can I kindly asked you did you solve that issue.
Regards,