Can u code this?
I have one idea to work on this market profitably.
But this is to be tested by making it robo.
Can anyone help me?
Please go through 2 files and you will know it.
One is Grid robo, try it in demo account in any script with
Lot size 0.1
Grid Size : 5 to 8 pip or 50 to 80 points
Grid step : 12
Take Profit : 25 to 30 pip or 250 to 300 points
Stop loss: 00
Update interval : 1.0
I want such a software but little different . Which is mentioned below
Trade Line EA
1. Number of Trades per line should be max 2 at present moment. ( 1 buy trade and 1 sell trade )
2. As the take take profit of particular trade is taken it should immediately set limit for the same place ( sell limit, sell stop or buy limit, but stop )
3. Grid should be maintained upto above and below 10 trade lines to the centre value ( current price of the market ).
4. There should be options of
a. Lot size,
b. Grid size,
c. Take profit
5. There should be No option of Stop Loss. Take Profit must be 2.5times higher than grid space. T/p >= 2.5 Grid Space.
6. Lot Size should be maximum L = B x 0.00001 ( i.e. if A/c Balance is B = 1000 then Lot Size L = 1000 x 0.00001 = 0.01 ). As the balance increases more than 1000 than initial value it will increase lot size with above calculation.
7. Once EA is fixed and allowed to live trading, it shouldn’t allowed to change any parameters. It will take default parameters as Lot size according to account balance, Grid size 5 pip and Take Profit 28pip. To change parameters it is required to remove and reattach the EA to chart.
8. As the EA attached to the chart and allowed to Live Trading, on current value of script, it will make 1 buy and 1 sell trade and this will be centre value at this stage and it will put limits above and below 10 trade lines.
9. There should be no connection with any time frame as this EA will work on Market values only.
10. Slippage should be 2 max.
11. It should indicate extreme high and extreme low of last 60 days from current time.
- Pratik Patel
Modify or code newly this EA
Sea Dragon2 v1
There are 3 softwares having one common feature but check it on demo for 1 day.
Any script with any lot size
Candle should be 1m for fast checking. And maximum open trade: 20
This software compensates negative trade.
2) Take Profit: This software is made to compensate negative trades.
3) Sea Dragon2 v1: Can anyone change compensating trade system little slower in this software as it takes very big lot size and if still if it is not compensated free margin and then equity goes towards 00. Account will be closed. To try its demo
Use Take Profit 5 , Lot size 0.1, account Balance: $2000, sl: 10 max sl :150, Tp: 5, Tp2 : 2, weishu 1.0
This is somewhat same software need coding which will decrease risk factor associated in above 3 softwares.
There should be only 2 parameters anyone can change in this software and those are
a. Lot Size : 0.1 ( default )
b. Take Profit ( default )
( There is no stop loss in this EA )
Once Ea is started parameters can’t be changed.
It will take 1st trade according to current market movement direction ( say, sell Trade ).
If it crosses 1st take profit limit ( 10 pip ), it will put another trade in the same direction. If again it gains take profit. It repeats it again but at this time if it don’t cross the limit and returns back and trade is exactly negative ( -10pip) than take profit limit it will put opposite direction Trade ( Buy Trade ). It continues doing this.
Now if any trade is negative exactly 4 times its take profit limit ( -40pip here ), it will try to compensate this trade.
Compensating Strategy: Any trade which is negative exactly 4 times its take profit limit ( -40pip here ), It will put another trade in the same direction with same lot size and it will put common take profit line which will give total take profit exactly total of that 2 take profit ( here 10 + 10 =20 )
If market is moving in one direction and this compensating trade also crosses 4 times take profit limit ( -40 pip here ) there will be another buy trade with lot size double ( 0.2 here ) than initial and again common take profit limit will be set which will give profit exactly total 3 take profits of 3 trades ( here 10+10+10= 30). If this 3rd trade also crosses 4 times take profit limit ( -40pip here ) there will be 4th trade in the same direction ( buy trade here ). Lot size will be double than earlier ( 0.4 here ) and common take profit limit with same total take profit of 4 trades ( here 10+10+10+10=40 ) . These continues if market is still moving in one direction.
Example : Lot size : 0.1, Take profit : 10 pip
1st buy trade is negative -40 pip , now Ea puts another buy trade with same lot size (0.1)
Take profit limit will be on -10 pip below 1st buy trade
so, total will be -10 + 30 =$ 20
Now 2nd trade is also -40 pip negative then it will put another 3rd buy trade in the same direction with lot size 0.2.
Now common take profit limit will be 2 pip below 2nd Trade
Total : (2x 38 ) –( 1 x 2 ) – ( 1 x 42 ) = + 76 -2 -42 =$ 32
Now, 3rd trade is also -40 pip negative then it will put another 4th buy trade in the same direction with lot size 0.4.
Take profit limit will be same value of 3rd trade
So, Total : ( 4x40 ) – (2x00 ) – ( 1 x 40 ) – ( 1x 80 ) =$ 40
Same way for more trades if required.
• It continues putting new trades in the same direction if it hits take profit limit.
• Any trade except compensating trades which is negative exactly to its take profit limit there will be opposite direction trade.
• Any trade which is 4 times negative to its take profit limit Ea will put new trade in the same direction to compensate 1st trade.
• Any trade which is negative exactly to its take profit limit, Ea will put opposite direction trade without considering if Compensating trades is active on the same value.
• Except compensating trade if there is an active trade, Ea will not put new trade in the same direction.
- Pratik Patel
Thanks a million! Much appreciated!
Thanks a million! Much appreciated!
Hi, can help me to add Breakeven function to my EA?
This is exact what I was looking for. Tools you done it again.
Can anybody repair this indi ? It must play a alertsound and show a popup alerts, regrettably, does not do this (((
[langtitle=pl]Very good indicator[/langtitle]
[lang=pl]Please someone modify this indicator to show arrows on last closed candle not on previous. Please
I found this indicator and he is giving very good signals[/lang]
If I understand correctly what do you need, all you have to do is to set the "loop" parameter to 0 (zero)
[lang=pl]Thanks Mladen, I have one another question can somobody tell is attached indicator repainting ? If yes please modify code to no repaint. Many thanks in advance.[/lang]
Possible to add an alert to this specific MACDBar indy??
I have been a long time lurker and have been testing a very interesting system, but in order to test it further I need an alert on color change at bar close (sound and arrow) to this indicator.
I have searched everywhere for it but have not found it and I am not a coder at all, so I would really appreciate any help.
I would appreciate your help and I will inform you about the system I am working on. When it all works I will post it here for all to see.
Thanks in advance.
MQL (My Quantum Leap)