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dsugums 6 pip auto-trader by 'im again
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Author:  tarrini65 [ Fri Feb 03, 2012 12:02 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

[quote="SteveHopwood"][quote="tarrini65"]HI ALL



tarrini is suggesting stacking positions in the winning direction. I am finding that the 4th trade is consistently tipping the basket of trades over into the +6 target of the original strategy. This often happens so fast that it looks as though there is room to lock in extra profits.

I suggest that any of you guys not locked into the theoretical side of the discussion about the original strategy start playing with the TakeProfit setting of the actual EA in post one and see if you can make something profitable for yourselves.


this seems to be a suggestion for adding a lockinprofit feature or a profit trailing stop........
Author:  SteveHopwood [ Fri Feb 03, 2012 12:25 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

tarrini65 wrote:this seems to be a suggestion for adding a lockinprofit feature or a profit trailing stop........
'tis a couple of thoughts for sure and not hard to code. I would love to read posts along the lines of, "My TP is x pips and it is hit consistently." or "I tried x pips and the basket never quite made it" to gain a 'ball-park' figure for the ts etc

Let's see what other ideas emerge as well. I am happy just to let the EA jog along for a few days.

:D
Author:  kwchau [ Fri Feb 03, 2012 3:54 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

SWG123 wrote:
kwchau wrote:Excuse for my silly question. Since F7 is not working, anyway I could adjust the parameters while there is still open positions ?
Yes, right-click on the smiley face, select Expert Advisors\Properties.
does it work for you? Nothing happen when I did that. I could not find a way to change the setting while it is trading. anyone can help ?
Author:  JulesvH [ Fri Feb 03, 2012 7:33 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

Press F4 while in Empty4. That opens MetaEditor. Open the EA in there, change the settings you want and press compile. That way the settings are changed on all the graphs you have that EA running on!
Author:  kwchau [ Fri Feb 03, 2012 8:13 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

JulesvH wrote:Press F4 while in Empty4. That opens MetaEditor. Open the EA in there, change the settings you want and press compile. That way the settings are changed on all the graphs you have that EA running on!
But this will change all charts running this EA with different settings into the same setting which is not what I want. I just want to change the setting of a specific chart.

I guess there is no way I can do that. :roll:
Author:  gaheitman [ Fri Feb 03, 2012 8:15 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

kwchau wrote:
JulesvH wrote:Press F4 while in Empty4. That opens MetaEditor. Open the EA in there, change the settings you want and press compile. That way the settings are changed on all the graphs you have that EA running on!
But this will change all charts running this EA with different settings into the same setting which is not what I want. I just want to change the setting of a specific chart.

I guess there is no way I can do that. :roll:
Drag and drop the EA back onto the chart in question.
Author:  Durante [ Fri Feb 03, 2012 8:51 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

Try also saving it as a template. remove the ea, turn experts off, reload template , then you can go into properties
Author:  kwchau [ Fri Feb 03, 2012 10:33 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

Durante wrote:Try also saving it as a template. remove the ea, turn experts off, reload template , then you can go into properties
By doing so, would it lose control of the open trades ? I hope not as long as the magic number remains the same ??
Author:  gaheitman [ Fri Feb 03, 2012 11:19 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

This post describes two ways to get live use of the F7 key back. If you really, really want to.... :D

George
Author:  Gertje [ Fri Feb 03, 2012 11:47 am ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

Hi Steve,

I tried this, but closing one position makes the EA close them all. If 1 position is in BIG profit, the basket can be way below zero.

Since the EU and the UC are in a channel all week, this is a bad moment to test the strategie. Even in this channel, it still makes profit.

The stacking only occurs within the channel, once the orders are on the edge of the channel no more will be added until a breakout occurs. One way or the other, it doesn't matter. The winning side will add one more position and all will be closed.

In the mean time, all these positions add up to the cashback deposit..... :D
SteveHopwood wrote:
tarrini65 wrote:HI ALL

leave the math calculations, this method works if you stack position in the winning direction, the simple currency ring don't work, or it does , but very slowly ......it can stay months in drawdown.
I came on to post my thoughts tonight and picked up on tarrini's post.

That basket of trades I described last night did indeed grow into a few more stack trades. By the time it hit is +6 pips profit, this did indeed look silly. By the time all the trades in the basket actually closed, the +6 had turned into about -5. No great thingy in itself - but a lot of trades to eventually reach +6 that turned into -5. Not a ridiculous or account threatening number (<10) but still significant.

tarrini is suggesting stacking positions in the winning direction. I am finding that the 4th trade is consistently tipping the basket of trades over into the +6 target of the original strategy. This often happens so fast that it looks as though there is room to lock in extra profits.

I suggest that any of you guys not locked into the theoretical side of the discussion about the original strategy start playing with the TakeProfit setting of the actual EA in post one and see if you can make something profitable for yourselves.

This is, if any of you are still reading my posts here.

Oh, and the EA is proving profitable on demo. Looking good for now.

:D
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