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| NB 10.6 + TCO Automated 10.6 https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3212 |
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| Author: | elljay58 [ Sun Dec 22, 2013 1:41 am ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
Hi all, I have set up TCO but seem to have missed something along the way I think it has something to do with the PipStep code. my PipStep = 25 What is happening is that tco will take say a "long order" perfectly but if price drops say 50 pips then triggers another long order it takes it as well, even though the first long is now in draw down I have had a look through the code to see if i could find a setting that would only allow tco to trigger a second long order if price was greater than the previous order by the PipStep() "opposite for sell orders" but I can not find any such settings. So if anyone could help me out I would be very grateful Oh and before I forget Have a "Marry Christmas and a very prosperous New Year" to one and all Les |
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| Author: | milanese [ Sun Dec 22, 2013 2:07 am ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
Hi Les, maybe you will try to set UsePipstep to false, like the settings you find on page one of this thread.. Cheers Tommaso |
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| Author: | elljay58 [ Sun Dec 22, 2013 4:51 am ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
Tommaso Thanks for that i will try it and see if it's the problem. Update; After turning “UsePipStep” to false I am still getting subsequent LongOrder that are lower than the initial LongOrder, it would seem there is only one way to stop this from happening, by setting “MaxOrdersPerPair” = 1 Cheers Les |
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| Author: | elljay58 [ Mon Jan 06, 2014 10:15 am ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
Hi guys; I have been using TCO now for a couple of week (I know just a babe in the woods eh) Haha, Any ways I have found a couple of brick walls that I have run into. 1, I every time I have a profit and I have TrailingStop = true I get an error each time the TrailingStop moves up/down with price "Buy Trailing Stop-Error 1: no error" // Buy Trailing Stop Function Code: Select all 2, I still have not found a way to stop TCO from taking subsequent trades when the prior trade is in drawdown. So as a work around I have set the Use_PipStep = true; PipStep = 100; I then check the platform each hour and if an unwanted trade has been taken I delete it ASAP, this too is not ideal. So if anyone could point me in the right direction so that I could fix these two problems it would be appreciated. Les |
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| Author: | milanese [ Mon Jan 06, 2014 10:23 am ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
Hi Les, so setting “MaxOrdersPerPair” = 1 is not preventing from additional orders? Cheers Tommaso |
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| Author: | elljay58 [ Mon Jan 06, 2014 10:51 am ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
Hi Tommaso, yes if i set "MaxOrdersPerPair" =1 TCO will only take 1 order, but this is not what i am trying to do. I was hopping to use TCO to pyramid into trends using the "MaxOrdersPerPair"= 2 or more and only allowing the additional orders to be added once the previous order was at BreakEven. Now after reading the code over the last two weeks or so So i thought i would ask again and see if any one had any ideas as to how this might be done. There are some very smart cookies on this forum As i have said before i am not a programmer just a cut-n-past guy, however yesterday i downloaded MQL4_by_codersguru.zip it is recomended by Steve in another thread and i intend to learn how to program, how long this will take ha-ha how long is a piece of string! Les |
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| Author: | milanese [ Mon Jan 06, 2014 11:25 am ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
Hi Les very good you started to learn some coding Here I attach a version that will only add positions if position is for MinProfitPct in win Please use this externals for the setting: StackingOnlyInWin = true set true for using the add MinProfitPct= 0.5; sets the Min % needed for adding positions with MaxOrdersPerPair you will use as so far.. Cheers Tommaso Edit:new fixed MOD |
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| Author: | elljay58 [ Mon Jan 06, 2014 11:54 am ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
Tommaso, Thank you so much, i will try it out tomorrow afternoon. Time for bed now as its 1:am here already and i have a lot on tomorrow morrning. Time fly's when your having fun! Les |
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| Author: | milanese [ Mon Jan 06, 2014 1:40 pm ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
Hi Les and all, please redownload, as known Cheers Tommaso |
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| Author: | lonelytrader [ Tue Jan 07, 2014 4:13 am ] |
| Post subject: | Re: NB 10.6 + TCO Automated 10.6 |
I have a hopefully interesting question. NB 10.6 was designed for 4h trading, but with this version of TCO its running on 1h. what about actually running it on 4h? I tried playing with the TF in the EA, by moving everything up one level, so 240/10080 and it seems to have less trades but better ROI, any thoughts? I cant be the only one who thought of trying it out. |
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