Kimmy » Mon Jan 19, 2015 12:09 pm wrote:

macman » Mon Jan 19, 2015 2:14 pm wrote:


If there are multiple open trades when the Equity reaches the desired level then sure there will be some losing trades amongst the basket of trades but it doesn't mean that the account balance does not increase......for example......let's say that you have a $10k account and you are looking for a $200 increase on the account for the day's trading. You start HGB and it opens trades and starts to bank profits from closed trades that have reached their target. The account reaches $200 of banked profits...great....but your floating DD is -$75 so if you closed all trades now you would have banked only $125 instead of the desired $200. With new trades opening all the time and other trades reaching TP the Equity amount is fluctuating constantly....sometimes it will change too fast for us to manually hit the close all trades button to lock in the $200 that we are looking for. That is why it seems to be a much more suitable job for an EA.
Once the EA sees that the Equity level has increased by $200 it will shut everything down......amongst those trades shut down some will be losing trades sure but also some will be profitable trades that just hadn't reached their TP yet.
I trust an EA to do that particular job far better than I could do it manually .....hope that explains what i have in mind a bit better ??
Cheers

SuperSonic » Mon Jan 19, 2015 5:10 pm wrote:Hi Steve,

Using the new version 2p since today, and have noticed something peculiar. There was a range trade open, for which I will post the settings below. Upon getting closer to its take profit value, the TP on the trade was being changed up to every/multiple times per second. It did this flip-flop between 2 values that are actually just a few pips apart until I closed the trade manually, to avoid GP to lock the account. Did not see this behavior in the beginning that the trade was opened, only as it drew closer to its TP.

Here are some extracts from the log (note that I closed the trade by hand, hence the invalid ticket/order errors):

Code: Select all

2015.01.19 16:45:43.621	Holy Graily Bob 2p GBPJPY,H4: Holy Graily Bob 2p 11081974CheckSlIsCorrect stop loss insertion failed with error 4108: invalid ticket
2015.01.19 16:45:43.621	Holy Graily Bob 2p GBPJPY,H4: Alert: Holy Graily Bob 2p 11081974CheckSlIsCorrect stop loss insertion failed with error 4108: invalid ticket
2015.01.19 16:45:43.621	Holy Graily Bob 2p GBPJPY,H4: unknown ticket 11081974 for OrderModify function
2015.01.19 16:45:43.621	Holy Graily Bob 2p GBPJPY,H4: Holy Graily Bob 2p 11081974CheckTpIsCorrect stop loss insertion failed with error 3: invalid trade parameters
2015.01.19 16:45:43.621	Holy Graily Bob 2p GBPJPY,H4: Alert: Holy Graily Bob 2p 11081974CheckTpIsCorrect stop loss insertion failed with error 3: invalid trade parameters
2015.01.19 16:45:43.496	Holy Graily Bob 2p GBPJPY,H4: modify #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.339 ok
2015.01.19 16:45:43.371	Holy Graily Bob 2p GBPJPY,H4: modify #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.342 ok
2015.01.19 16:45:41.371	Holy Graily Bob 2p GBPJPY,H4: modify #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.339 ok
2015.01.19 16:45:41.261	Holy Graily Bob 2p GBPJPY,H4: modify #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.342 ok
2015.01.19 16:45:36.401	Holy Graily Bob 2p GBPJPY,H4: modify #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.339 ok
2015.01.19 16:45:36.292	Holy Graily Bob 2p GBPJPY,H4: modify #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.342 ok

Code: Select all

2015.01.19 16:45:43.621	'2007742': modification of invalid order #11081974
2015.01.19 16:45:43.527	'2007742': order #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.339 closed at price 178.311
2015.01.19 16:45:43.496	'2007742': modify order #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.339 -> sl: 177.288 tp: 178.342
2015.01.19 16:45:43.496	'2007742': order #11081974 buy 0.01 GBPJPY at 177.815 was modified -> sl: 177.288 tp: 178.339
2015.01.19 16:45:43.386	'2007742': close order #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.342 at price 0.000
2015.01.19 16:45:43.371	'2007742': modify order #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.342 -> sl: 177.288 tp: 178.339
2015.01.19 16:45:43.371	'2007742': order #11081974 buy 0.01 GBPJPY at 177.815 was modified -> sl: 177.288 tp: 178.342
2015.01.19 16:45:43.246	'2007742': modify order #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.339 -> sl: 177.288 tp: 178.342
2015.01.19 16:45:41.371	'2007742': order #11081974 buy 0.01 GBPJPY at 177.815 was modified -> sl: 177.288 tp: 178.339
2015.01.19 16:45:41.261	'2007742': modify order #11081974 buy 0.01 GBPJPY at 177.815 sl: 177.288 tp: 178.342 -> sl: 177.288 tp: 178.339

These are the settings in effect for the range trades:

Code: Select all

ss1=--------------------
rtr=---- Range Trading ----
RangeTradingAllowed=true
RangeMaxTradesAllowed=3
RangeMinDistanceBetweenTradesPips=20
RangeLot=0.01
RangeRiskPercent=0.0
RangeTradeComment=Range trade
rtx=-- Range trade exits --
RangeTakeProfitPips=20
RangeStopLossPips=20
RangeCloseOnOppositeArrow=true
RangeCloseOnOppositeTMA=true
ratr=- Range ATR tp and sl -
RangeAtrPeriod=14
RangeAtrTimeFrame=1440
RangeAtrTpMultiplier=0.25
RangeAtrSlMultiplier=0.25

sfs=----SafetyFeature----
MinMinutesBetweenTrades=5
MinMinutesBetweenTradeOpenClose=5

I am not using BE or jumping/trailing stops, but I am using an ATR set TP. This issue did not surface before using version 2p, and the version I had on before was 2i.
Could this be a combination of settings issue, or would it be something you recognize as new/changed, given you mentioned "You do not need this update if 2o has been sending the correct tp's with your pending trades."

Let me know if you need more info and I'd be happy to make it available.

As always, thanks a lot for your continuous efforts

Kimmy wrote:If there are multiple open trades when the Equity reaches the desired level then sure there will be some losing trades amongst the basket of trades but it doesn't mean that the account balance does not increase......for example......let's say that you have a $10k account and you are looking for a $200 increase on the account for the day's trading. You start HGB and it opens trades and starts to bank profits from closed trades that have reached their target. The account reaches $200 of banked profits...great....but your floating DD is -$75 so if you closed all trades now you would have banked only $125 instead of the desired $200. With new trades opening all the time and other trades reaching TP the Equity amount is fluctuating constantly....sometimes it will change too fast for us to manually hit the close all trades button to lock in the $200 that we are looking for. That is why it seems to be a much more suitable job for an EA.
Once the EA sees that the Equity level has increased by $200 it will shut everything down......amongst those trades shut down some will be losing trades sure but also some will be profitable trades that just hadn't reached their TP yet.
I trust an EA to do that particular job far better than I could do it manually .....hope that explains what i have in mind a bit better ??
Cheers

Bogie6953 » Mon Jan 19, 2015 5:38 pm wrote:
Kimmy, Google this: "Equity Manager for Martingale Lover V2"

I think it will do what you are looking for. It is very flexible and can close trades based on equity percent or fixed value. It also has a trailing equity stoploss and other stuff.

I hope this helps.
Bryan

Kimmy wrote:Hi Steve I have a .mq4 file of another Equity Trade manager that does the same thing as the one i posted about earlier......would this one be suitable for you to do your magic matchmaking between it and HGB ....so that HGB will allow the Equity Manager to have the last word and not keep trying to place new trades ?
Humongous thanks !

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MurphyMan » Mon Jan 19, 2015 7:01 pm wrote:A little off topic, but it has been discussed here recently. More fallout from the SNB action. I got this one today so scratch another possibility for off shore brokers for USA citizens.

MurphyMan » Mon Jan 19, 2015 11:01 am wrote:A little off topic, but it has been discussed here recently. More fallout from the SNB action. I got this one today so scratch another possibility for off shore brokers for USA citizens.

FinFX would like to officially inform that due to regulatory reasons, FinFX will no longer offer brokerage services to U.S. citizens as of 30.1.2015.

If you have any questions or inquiries, please feel free to contact us and we will be happy to help and assist you.

We apologize for any inconveniences that this may have caused you and we appreciate your understanding regarding this situation.


If you have any questions about the content of this newsletter, do not hesitate to contact the FinFX Customer Service as we are here to help you! Just send an email or attend an online chat by clicking the links below.