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Partial close EA?
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Author:  4xPIPAHOLIC [ Sun Nov 27, 2011 6:25 pm ]
Post subject:  Partial close EA?
Hi All!

And good luck with the new forum!!! :D

I am a basket trader and I am looking for an EA to close part of the basket.

Example: lets say I am trading a basket (like the t101) of 10 or 14 pairs and the profit reaches a certain level up 100pips, I now want to close part of the basket lets say half the basket, but half the basket across all pairs, not half the pairs.
After the rest we let it run up to another preset level of pips.

Does something like this exist? Any help will be greatly appreciated.

I am attaching the "UPDATE STOPS EA" , the way you can set up your levels is very nice but it works on each pair individually, I am looking for and EA that will close a percentage of the full basket, pairs that are in profit and the pairs that are in loss, just the same % across the board.

Any help would be appreciated.

Thank you.
Author:  SteveHopwood [ Mon Nov 28, 2011 11:33 pm ]
Post subject:  Re: Partial close EA?
4xPIPAHOLIC wrote:Hi All!

And good luck with the new forum!!! :D

I am a basket trader and I am looking for an EA to close part of the basket.

Example: lets say I am trading a basket (like the t101) of 10 or 14 pairs and the profit reaches a certain level up 100pips, I now want to close part of the basket lets say half the basket, but half the basket across all pairs, not half the pairs.
After the rest we let it run up to another preset level of pips.

Does something like this exist? Any help will be greatly appreciated.

I am attaching the "UPDATE STOPS EA" , the way you can set up your levels is very nice but it works on each pair individually, I am looking for and EA that will close a percentage of the full basket, pairs that are in profit and the pairs that are in loss, just the same % across the board.

Any help would be appreciated.

Thank you.
The more specialised are your requirements, the less likely you are to find software that matches them. I know of nothing that meets yours - doesn't mean it does not exists, merely that I do not know of it.

Having said that, given the speed with which basket upl changes, I am inclined to think you are baying at the wrong moon here. How about just taking the profits on offer when a basket goes into profit? They may not be on offer in 30 seconds time.

:D
Author:  4xPIPAHOLIC [ Sun Jan 01, 2012 6:48 pm ]
Post subject:  Re: Partial close EA?
SteveHopwood wrote:
4xPIPAHOLIC wrote:Hi All!

And good luck with the new forum!!! :D

I am a basket trader and I am looking for an EA to close part of the basket.

Example: lets say I am trading a basket (like the t101) of 10 or 14 pairs and the profit reaches a certain level up 100pips, I now want to close part of the basket lets say half the basket, but half the basket across all pairs, not half the pairs.
After the rest we let it run up to another preset level of pips.

Does something like this exist? Any help will be greatly appreciated.

I am attaching the "UPDATE STOPS EA" , the way you can set up your levels is very nice but it works on each pair individually, I am looking for and EA that will close a percentage of the full basket, pairs that are in profit and the pairs that are in loss, just the same % across the board.

Any help would be appreciated.

Thank you.
The more specialised are your requirements, the less likely you are to find software that matches them. I know of nothing that meets yours - doesn't mean it does not exists, merely that I do not know of it.

Having said that, given the speed with which basket upl changes, I am inclined to think you are baying at the wrong moon here. How about just taking the profits on offer when a basket goes into profit? They may not be on offer in 30 seconds time.

:D

I understand what you mean Steve but this way there are a lot of times that I would leave all kinds of pips......I was just wandering if anyone had an ea already something that existed that worked with the t101 charts(14 pairs) .
Now I found a way to deal with it through a "special" indicator that I put together and it works pretty good......crossing my fingers that it lasts the test of time.....

Thanks again Steve.
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