Experts: Stop & Limit Bots

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Stop & Limit Bots:

Two EA's. One places Stop orders the other places Limit orders.

Author: Patrick Burns

 

Hi there, 

i tried to set your EA in my MT4 , it saying that "Stop order distance : Pips is not set correctly"  what does it mean? My broker is hot forex Mt4 and 5 decimal broker. kindly advice, thanks

 
All inputs on both EA's are set in POINTS i.e 10 POINTS = 1 PIP. Hotforex has a stop level of 30 POINTS for EURUSD. The Stop Order distance input can not be less than 30 POINTS.
[Deleted]  

Hi,...

The Time trade is according to market time or local Computer time.?

thx bro... 

 
Dedy Sucianto:

Hi,...

The Time trade is according to market time or local Computer time.?

thx bro... 

Broker time.
 

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Great job Patrick. All backtest are positieve. But it doesnt work on real trading. Could you tell me what I did wrong?
 
William_Chen:
Great job Patrick. All backtest are positieve. But it doesnt work on real trading. Could you tell me what I did wrong?
Without more detail, it could be a multitude of things.
 
Patrick Burns:
Without more detail, it could be a multitude of things.

When I try to trade its "sell stop" or "buy stop" the whole day (H4 chart). Nothing has been done. Could you please help me what I did wrong?  

 

Hi and thanks for such a grate job.


I dont know if you still follow up with this so I like to shoot my question in the hope of a responce


I tryed to put your bots on my demo account, but something strange happens. You says it does not use any technical analysy and just depends on price movement. So I understood it that if you put the price distance 7 pips then it will be always 7 pips. But when I tryed that I experienced that some trades get open every 3 pips. Others every 15 pips. It seems somehow random. I have my timeframe set tu m15, so I thought this will matter and put it to 1h, and experienced that now it open trade after 40 pips or so. So it seems that it depending on the timeframe.


I hope you will explain if it is timeframe or the price distance the user set in from the settings that matter for openning trades.


Thanks

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