Steve's 10.6 EA manual trading aids

[95026862]

using the flexible EA you would enter your trade above the 10.. if the candle doesn't close and the next candle moves down, STO7would move below the 10 too soon, you would get pushed out of the trade with a negative balance almost instantly. this could happen multiple times, making that EA not very flexible. using the close option risks too many trades being closed before they have time to move in your direction. just my 2 cents

I think the issue you said will only happen if you set both the OpenAbove and CloseBelow at 10. Normally you will set different levels for them. Like in my case, for a buy, I would set Openabove to 10 and Closebelow at 90. It works perfect for me.

Thanks for the info !

what's the best TF to use with this ?

[kwchau]

using the flexible EA you would enter your trade above the 10.. if the candle doesn't close and the next candle moves down, STO7would move below the 10 too soon, you would get pushed out of the trade with a negative balance almost instantly. this could happen multiple times, making that EA not very flexible. using the close option risks too many trades being closed before they have time to move in your direction. just my 2 cents

I think the issue you said will only happen if you set both the OpenAbove and CloseBelow at 10. Normally you will set different levels for them. Like in my case, for a buy, I would set Openabove to 10 and Closebelow at 90. It works perfect for me.

Thanks for the info !

what's the best TF to use with this ?

There is no best TF for it, I use it with Bob's 10.4 and 10.6 system. So it is either on H1 or H4. It helps me to get into a position based on Bob's system.

[wison0727]

I have a question. When I use a EA for pend order ,buy stop or others.
The pend price line is always auto placed by EA.
I hope I can decide the line of pend price. How to do this?

[SteveHopwood]

I have a question. When I use a EA for pend order ,buy stop or others.
The pend price line is always auto placed by EA.
I hope I can decide the line of pend price. How to do this?

Let the ea draw the line then select it by double clicking on it. Drag it to where you want the price to be.

[95026862]

using the flexible EA you would enter your trade above the 10.. if the candle doesn't close and the next candle moves down, STO7would move below the 10 too soon, you would get pushed out of the trade with a negative balance almost instantly. this could happen multiple times, making that EA not very flexible. using the close option risks too many trades being closed before they have time to move in your direction. just my 2 cents

I think the issue you said will only happen if you set both the OpenAbove and CloseBelow at 10. Normally you will set different levels for them. Like in my case, for a buy, I would set Openabove to 10 and Closebelow at 90. It works perfect for me.

Thanks for the info !

what's the best TF to use with this ?

There is no best TF for it, I use it with Bob's 10.4 and 10.6 system. So it is either on H1 or H4. It helps me to get into a position based on Bob's system.

yeah i lost about 100 pips after this little convo . thank god it was a demo. down 70% since i started using those.

the original trading EA that steve made is awesome. but those flexible ones need a lot more work done to them. i'll stick to the original EA, works amazing.

[wison0727]

I have a question. When I use a EA for pend order ,buy stop or others.
The pend price line is always auto placed by EA.
I hope I can decide the line of pend price. How to do this?

Let the ea draw the line then select it by double clicking on it. Drag it to where you want the price to be.

Thanks , steve.

[kwchau]

using the flexible EA you would enter your trade above the 10.. if the candle doesn't close and the next candle moves down, STO7would move below the 10 too soon, you would get pushed out of the trade with a negative balance almost instantly. this could happen multiple times, making that EA not very flexible. using the close option risks too many trades being closed before they have time to move in your direction. just my 2 cents

I think the issue you said will only happen if you set both the OpenAbove and CloseBelow at 10. Normally you will set different levels for them. Like in my case, for a buy, I would set Openabove to 10 and Closebelow at 90. It works perfect for me.

Thanks for the info !

what's the best TF to use with this ?

There is no best TF for it, I use it with Bob's 10.4 and 10.6 system. So it is either on H1 or H4. It helps me to get into a position based on Bob's system.

yeah i lost about 100 pips after this little convo . thank god it was a demo. down 70% since i started using those.

the original trading EA that steve made is awesome. but those flexible ones need a lot more work done to them. i'll stick to the original EA, works amazing.

you should note that these EAs are not automatic EAs, they are only manual trading aids as the name has depicted. You should not rely on them to make trading decisions but they are a great help to get into an open position or close a position. Steve wrote these EAs to help us to trade Bob's manual systems.

[95026862]

using the flexible EA you would enter your trade above the 10.. if the candle doesn't close and the next candle moves down, STO7would move below the 10 too soon, you would get pushed out of the trade with a negative balance almost instantly. this could happen multiple times, making that EA not very flexible. using the close option risks too many trades being closed before they have time to move in your direction. just my 2 cents

I think the issue you said will only happen if you set both the OpenAbove and CloseBelow at 10. Normally you will set different levels for them. Like in my case, for a buy, I would set Openabove to 10 and Closebelow at 90. It works perfect for me.

Thanks for the info !

what's the best TF to use with this ?

There is no best TF for it, I use it with Bob's 10.4 and 10.6 system. So it is either on H1 or H4. It helps me to get into a position based on Bob's system.

yeah i lost about 100 pips after this little convo . thank god it was a demo. down 70% since i started using those.

the original trading EA that steve made is awesome. but those flexible ones need a lot more work done to them. i'll stick to the original EA, works amazing.

you should note that these EAs are not automatic EAs, they are only manual trading aids as the name has depicted. You should not rely on them to make trading decisions but they are a great help to get into an open position or close a position. Steve wrote these EAs to help us to trade Bob's manual systems.

yes thanks for the info....

[SteveHopwood]

I have done some work on the Stochastic versions.

Flexible: added the feature to operate only at the open of a new candle - EveryTickMode defaults to true and makes the ea operate as originally coded: DisableAfterTradeClose tells the ea to disable itself when the trade closes - setting this to 'false' allows the ea to enter a new trade if the conditions arise.

The versions in the zip. I am concerned about those instances of multiple trades but cannot see what is wrong. This is industrial strength code that we have been using for a few years without a hitch. I have added code to disable the ea as soon as it has attempted to send a trade. We will miss the trade if the order-send fails, but this is better than waking up to a blown account.

Post 1 as usual.

[art]

nice one steve will give it a try