renexxxx » Sun Jun 24, 2018 9:49 am wrote:With the fear that this thread is losing its original intention

Lifesys » Sun Jun 24, 2018 12:16 pm wrote:Hi Steve
Have not really gone anywhere - always have a serious review of all SHF ideas.
Congratulations to all on SPB, after 2 months best EA I have tested/used. Currently on demo & live for 2 brokers, a solid >14%/mth is brilliant when compounded.

On version Q, a minor correction.
As the original proponent of 'PipFactor' I use an external mqh file with 'pipfactors' for trading some indexes as well as Forex. Means all indicators/scripts/EAs read & compile the same mqh.
Thomas and Rene have brilliantly provided a replacement pipfactor function - except for one thing.
It MUST BE a 'double' function, NOT 'int' and all references as ''double', given some indexes eg HSI, NK225 have a pipfactor of 0.1 which is not an integer.
When changed to below. the function worked almost perfectly for all 135 symbols (most useless) of another Aust. broker I trust, as well as GP.
Well done guys.

Paul B. (lifesys)

Code: Select all

double GetPipFactor(string symbolName)
{
....
....
   // Now we can calculate the pip factor for the symbol
   double symbolDigits=SymbolInfoInteger(symbolName,SYMBOL_DIGITS);
   double symbolFactor=MathPow(10,symbolDigits-brokerDigits);

//Thomas and Rene provided this pip factor function. Thanks guys.
//There is also a contribution by lifesys, who gave us the first ever
//incarnation of this.
double GetPipFactor(string symbolName)
{
   static bool brokerDigitsKnown=false;
   static int  brokerDigits=0;
 
   // We want the additional pip digits of the broker (only once)
   if(!brokerDigitsKnown)
   {  
      // Try to get the broker digits for plain EURUSD
      brokerDigits=(int)SymbolInfoInteger("EURUSD",SYMBOL_DIGITS)-4;
      
      // If plain EURUSD was found, we take that
      if(brokerDigits>=0)
         brokerDigitsKnown=true;
         
      // If plain EURUSD not found, we take the most precise of all symbols containing EURUSD 
      else
      {
         brokerDigits=0;
         
         // Cycle through all symbols
         for(int i=0; i<SymbolsTotal(false); i++) 
         {
            string symName=SymbolName(i,false);
            if(StringFind(symName,"EURUSD")>=0)
               brokerDigits=MathMax(brokerDigits,(int)SymbolInfoInteger(symName,SYMBOL_DIGITS)-4);
         }
         
         brokerDigitsKnown=true;
      }
   }

   // Now we can calculate the pip factor for the symbol
   double symbolDigits = (int) SymbolInfoInteger(symbolName,SYMBOL_DIGITS);
   double symbolFactor=MathPow(10,symbolDigits-brokerDigits);
   
   return(symbolFactor);
}//End int getPipFactor(string symbolName)

▪ Basket Trailing Stop: this feature was added by SHF member 1of3. Once
the cash value of our basket reaches a point of our choosing, a cash trailing
stop kicks in. The idea is to catch more of the moves that are in our favour
than is possible with our standard basket take profit. We can use this to lock
in profit whilst hoping to reach a much larger basket TP. There are both cash
and pips trails available.
• Inputs for the cash TS are:
◦ UseBasketTrailingStopCash: turns this feature on/off. Note that it is
disabled by default.
◦ BasketTrailingStopStartValueCash: the basket profit at which the
TS kicks in. The default is based on a 0.01 lot size on a Global Prime
account.
◦ BasketTrailingStopGapValueCash: the distance between the stop
loss and the basket profit. The default is based on a 0.01 lot size on a
Global Prime account.

MurphyMan » Mon Jun 25, 2018 8:18 pm wrote:From the user's guide:

▪ Basket Trailing Stop: this feature was added by SHF member 1of3. Once
the cash value of our basket reaches a point of our choosing, a cash trailing
stop kicks in. The idea is to catch more of the moves that are in our favour
than is possible with our standard basket take profit. We can use this to lock
in profit whilst hoping to reach a much larger basket TP. There are both cash
and pips trails available.
• Inputs for the cash TS are:
◦ UseBasketTrailingStopCash: turns this feature on/off. Note that it is
disabled by default.
◦ BasketTrailingStopStartValueCash: the basket profit at which the
TS kicks in. The default is based on a 0.01 lot size on a Global Prime
account.
◦ BasketTrailingStopGapValueCash: the distance between the stop
loss and the basket profit. The default is based on a 0.01 lot size on a
Global Prime account.

If using using BasketTrailingStopCash , and a value for BasketTrailingStopStartValueCash is inputted, I take it that BasketTargetCash should remain at 0.0?

Sam

SteveHopwood » Mon Jun 25, 2018 2:34 pm wrote:

MurphyMan » Mon Jun 25, 2018 8:18 pm wrote:From the user's guide:

▪ Basket Trailing Stop: this feature was added by SHF member 1of3. Once
~snip~

If using using BasketTrailingStopCash , and a value for BasketTrailingStopStartValueCash is inputted, I take it that BasketTargetCash should remain at 0.0?

Sam

Nope Sam. You can have both and lock in profits on your way to a massive basket target.