Mr Average
50 USD
Versione demo scaricata:
675
Pubblicato:
18 novembre 2015
Versione attuale:
2.82
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HELLO Oleg Remizov Sir,
Everything is Fine If Dared without Fear, (If Luck Favours Only),
If Market moves Totally/Suddenly in Opposite Direction when using Lot Mult 2,
Ex:Balance $1000, EURUSD Long Side only 0.01 Lot and Short Side 0.15 Lot after 600Pips, Account Bal. will be Zero.
Please Add, LOSS PERCENTAGE ______ , PROFIT PERCENTAGE ______, CLOSING BY PERCENTAGE : True/False,
CLOSE ALL MARKET ORDERS : True/False, DELETE ALL PENDING ORDERS : True/False,
USE LOCK : True/False, LOCK DISTANCE PIPS : ______. USE SOUND SIGNAL : True/False.
Regards,
MSS Reddy
Hello.
I will consider your suggestions. But I can immediately say that the button to delete pending orders is not needed, because the Expert Advisor works with market orders.
I don't see any point in adding a button to close market transactions when there are already buy / sell buttons for a separate close.
Closing trades after reaching a certain percentage of drawdown / profit, I will consider.
Now, regarding the locking of transactions. The lock is important not only to open but also to close later. Right now I don't have a good idea how to successfully close the lock.
Can you sent me the setting and what pair i can use this ea
Hello. I do not recommend specific pairs and do not send presets of settings. You should use this EA only if you understand how averaging works and how each parameter from the settings affects the work of the EA. By adjusting the parameters of the step between orders and the multiplier, the EA can be adjusted to the different nature of the price movement.
Hello, I just purchased the EA, and it look nice, can you please consider adding STOP loss for each side (buying and selling) separately, I suggest Drawdown STOP LOSS for each side OR Total PIPS, thank you for your nice work.
Hello. Ok, I will think about your suggestion about modifying the EA.
Hello. Ok, I will think about your suggestion about modifying the EA.
Can you please explain those orders' function:
if I choose zero for Both what will happen? and what will happen if I increase them?
Can you please explain those orders' function:
if I choose zero for Both what will happen? and what will happen if I increase them?
Now I will explain what these parameters mean in the settings of the Expert Advisor.
1) Take Profit multiplier.
This parameter allows you to change the size of the total take profit with the opening of each new position in the grid.
Since Mr.Averager is a grid EA, it sets the total take profit for all open positions in the grid. Every time a new position is opened, the Expert Advisor first calculates the weighted average price of the position - the price at which the aggregate of all open positions gives a zero result. So the Expert Advisor sets Take Profit from this weighted average position price.
The Take Profit Multiplier parameter allows you to influence the size of take profit depending on the number of open positions. That is, with each new open position of the grid, the usual size of Take Profit will be multiplied by Take Profit Multiplier as many times as the number of open positions - 1.
Here is an example:
Take Profit = 100 points;
Take Profit multiplier = 1.0;
In this case, when the Take Profit Multiplier is equal to one, no matter how many positions are opened, the Expert Advisor, having calculated the weighted average price of the position, will always add 100 points from it.
But if, for example, the parameters are as follows:
Take Profit = 100 points;
Take Profit multiplier = 1.5;
Then with each new triggered order the size of Take Profit set aside from the average price of the position will grow.
The first position will have a TP of 100 points, when the second position opens, the total TP will be 100 * 1.5 = 150 points, when the 3rd position opens, the TP will be 100 * 1.5 * 1.5 = 225 points and so on. If the multiplier is less than one, the distance to the TP will conversely decrease with each new open position.
Example:
Take Profit = 100 points;
Take Profit multiplier = 0.8;
The first position will have TP = 100 points, when the 2nd position is opened, TP will be recalculated and set at 100 * 0.8 = 80 points from the weighted average price of the position, if the 3rd position is opened, TP will again be recalculated and set at 100 * 0.8 * 0.8 = 64 points and so on.
2) Order distance multiplier - parameter that allows you to change the distance between the last open position of the grid and the newly opened position. The principle of operation is exactly the same as in the case of the TP multiplier. Depending on the value of the Order distance multiplier, the distance between orders can remain the same, for this purpose the Order distance multiplier must be equal to 1.0, the distance between open positions can grow each time if the Order distance multiplier is greater than 1.0 or the distance between positions can be reduced if the value of the Order distance multiplier is less than 1.0 and greater than 0.0
I hope I have explained everything clearly. Do not use value 0.0 for these parameters, if you want to keep TP and distance between orders, specify values 1.0 for these parameters.
Now I will explain what these parameters mean in the settings of the Expert Advisor.
1) Take Profit multiplier.
This parameter allows you to change the size of the total take profit with the opening of each new position in the grid.
Since Mr.Averager is a grid EA, it sets the total take profit for all open positions in the grid. Every time a new position is opened, the Expert Advisor first calculates the weighted average price of the position - the price at which the aggregate of all open positions gives a zero result. So the Expert Advisor sets Take Profit from this weighted average position price.
The Take Profit Multiplier parameter allows you to influence the size of take profit depending on the number of open positions. That is, with each new open position of the grid, the usual size of Take Profit will be multiplied by Take Profit Multiplier as many times as the number of open positions - 1.
Here is an example:
Take Profit = 100 points;
Take Profit multiplier = 1.0;
In this case, when the Take Profit Multiplier is equal to one, no matter how many positions are opened, the Expert Advisor, having calculated the weighted average price of the position, will always add 100 points from it.
But if, for example, the parameters are as follows:
Take Profit = 100 points;
Take Profit multiplier = 1.5;
Then with each new triggered order the size of Take Profit set aside from the average price of the position will grow.
The first position will have a TP of 100 points, when the second position opens, the total TP will be 100 * 1.5 = 150 points, when the 3rd position opens, the TP will be 100 * 1.5 * 1.5 = 225 points and so on. If the multiplier is less than one, the distance to the TP will conversely decrease with each new open position.
Example:
Take Profit = 100 points;
Take Profit multiplier = 0.8;
The first position will have TP = 100 points, when the 2nd position is opened, TP will be recalculated and set at 100 * 0.8 = 80 points from the weighted average price of the position, if the 3rd position is opened, TP will again be recalculated and set at 100 * 0.8 * 0.8 = 64 points and so on.
2) Order distance multiplier - parameter that allows you to change the distance between the last open position of the grid and the newly opened position. The principle of operation is exactly the same as in the case of the TP multiplier. Depending on the value of the Order distance multiplier, the distance between orders can remain the same, for this purpose the Order distance multiplier must be equal to 1.0, the distance between open positions can grow each time if the Order distance multiplier is greater than 1.0 or the distance between positions can be reduced if the value of the Order distance multiplier is less than 1.0 and greater than 0.0
I hope I have explained everything clearly. Do not use value 0.0 for these parameters, if you want to keep TP and distance between orders, specify values 1.0 for these parameters.
THANK YOU.