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The New Beast!
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=63		 Page 11 of 24
Author:  d4amenace [ Thu Dec 22, 2011 4:59 pm ]
Post subject:  Re: The New Beast!
Ribelo wrote:Recovery code, written by MetaQuotes, and used by me and by Steeve ... sucks.

The blue line does not show the place in which the order is closed. The blue line is the breakeven all orders + break.even.profit. In the settings OOTB, Recovery trades are trailing, so you need to add more recovery.trailing.stop.at to the blue line to find out when the blue line turned into a stop loss. This value is calculated by the ATR, so it is dynamic and can not be unambiguously determine when closing the transaction. I'm going to work for EA after the new year.


Hi,

I have an interesting problem. I am running TNB on a 1 minute chart on a non-ecn account. I am pretty much using the standard settings. The only thing I have modified is the amount of money per lot , the rsi period, and the way the rsi is calculated.

The problem I am having is the orders do not close? I have to manually close them even when it is in profit and has closed on my demo account. BTW, I am running it live.

It works fine on my ecn demo I am running, but on my non-ecn live account all I get is the error "order modify failed with error (130) invalid stops".

What could be causing this......the timeframe?

Also this is probably related to the problem......the platform also won't open up multiple orders when the price goes negative from the first...(like normal when it opens up a 2nd or 3rd position for a negative swing).

Can you help me figure this out? Thanks.
Author:  d4amenace [ Thu Dec 22, 2011 7:03 pm ]
Post subject:  Re: The New Beast!
Just to add a little info to my last post....I believe the modify error is occurring when there is only a single trade open and it is trying to set up the SL.
Author:  Ribelo [ Thu Dec 22, 2011 8:59 pm ]
Post subject:  Re: The New Beast!
Use only H1.
Author:  d4amenace [ Thu Dec 22, 2011 10:35 pm ]
Post subject:  Re: The New Beast!
Ribelo wrote:Use only H1.

Using only 1 hour is not useful to me.

But, I believe I know where the issue is. The EA likes to set stop loss once it goes into positive territory by 2 pips or more. My broker only allows the setting of sl once the price has advanced 10 pips or more.


Is there some area in the code where this minor change can be made?
Author:  Ribelo [ Thu Dec 22, 2011 10:40 pm ]
Post subject:  Re: The New Beast!
Ok, your decision, but the ea uses a lot of things calculated in H1. EA will lose money, I promise
Author:  d4amenace [ Thu Dec 22, 2011 10:41 pm ]
Post subject:  Re: The New Beast!
Ribelo wrote:Use only H1.

BTW, thanks for your fast response and help with this issue!

Happy Holidays! :D
Author:  d4amenace [ Thu Dec 22, 2011 11:17 pm ]
Post subject:  Re: The New Beast!
Anyone know how I can change that automatic setting of the sL after 2 or 3 pips to 10 pips in the code?

Any and all help will be appreciated.
Author:  AnotherBrian [ Fri Dec 23, 2011 12:52 am ]
Post subject:  Re: The New Beast!
d4amenace wrote:Anyone know how I can change that automatic setting of the sL after 2 or 3 pips to 10 pips in the code?

Any and all help will be appreciated.
My guess is you won't get much help, ever since the beast was invented and all of its changes and mods, its always been based on a 1 hour TF.

Heres another thread you might like to read

http://www.stevehopwoodforex.com/phpBB3 ... p?f=6&t=78
Author:  d4amenace [ Fri Dec 23, 2011 1:32 am ]
Post subject:  Re: The New Beast!
:| :| :|
AnotherBrian wrote:
d4amenace wrote:Anyone know how I can change that automatic setting of the sL after 2 or 3 pips to 10 pips in the code?

Any and all help will be appreciated.
My guess is you won't get much help, ever since the beast was invented and all of its changes and mods, its always been based on a 1 hour TF.

Heres another thread you might like to read

http://www.stevehopwoodforex.com/phpBB3 ... p?f=6&t=78

What is with you.....I am not even talking about the timeframe...why do you keep talking about the timeframe.....Listen.....to ....the ....words ...you ....are ...reading.... i am talking about the basic behavior of the EA I have been able to observe through more frequent trade execution based on it's algorithm...

I shall explain.....

I have also noticed that this order modify error only occurrs on buy orders and not on sell orders?!? I was following a sell trade that closed, on its own, with 2 pips profit a few hours ago on a sell order....

It's interesting that the bot should try to have a trail on the buy side and a target on the sell..........


Now for everyone in love with 1 HR Timeframe....yes I have all mine on 1hr!

Goooooooo 1HR! :|
Author:  Ribelo [ Fri Dec 23, 2011 7:17 am ]
Post subject:  Re: The New Beast!
Listen to what you said ... SL is not never 1-2 pips. Is just calculated dynamically depending on the condition of the market. Using a timeframe of less than H1, volatility is so small that errors may occur. In general, the EA uses the SL only in extreme cases ... but you do not even know which, because you do not even read the topic and have no idea how the EA works.
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