Thank you for this great tool. But I would like to know if can be used for different symbols when loaded on one chart, or if expert must be placed on each symbol.

Thank you.

It can only trade the symbol of the chart it is attached to, so you need separate charts for each symbol you wish to trade. However, we really recommend trading this way for the following reasons:

1) EAs only process information when a tick comes in from the market for the symbol of the chart they are are attached to. Therefore, an EA could react slowly if trading a different symbol to the chart, as ticks (price changes) could be coming in at different times thus creating delay.

2) In MetaTrader, each EA gets it's own thread, i.e. is multi-threaded and everything gets processed in parallel. If you have a single EA, and consequently single thread, doing all your trading then that would be potentially be overloaded and would respond slower for this reason as well.

Thank you for your response. Your explanation makes sense.

Check the Experts tab to see if any errors occurring. Recommend emailing us for support at support@runwisefx.com as we can miss product comments.

We'll put it on our to-do list to provide that as on option via EA input.

As a workaround, you could set Color_hiddenStopLoss EA input to your chart background color to make it mostly invisible.

Hi,

I think this tool is the one i've been looking for.

Thank you very much for bringing to the market.

A few questions:

1. Does this EA apply setting to all open orders or only the currency pair in the chart it has been applied to? My main interest is taking partial profits and changing stop to break even. possibly a trail stop.  Some EA's require you to have a chart open for each tradable asset with the EA assigned, which when trading from a mobile device you may not have access to your terminal to open that chart and apply the EA to that specific pair.

2. One of the comments said please allow for mobile trading, this is what i'm hoping to use it for but surely if it is monitoring all open orders then it shouldn't matter if the trade was made via a mobile device if MT4 is monitoring the same account?

3. Take partial profit, is it possible to do this in lot size?  or does 33.33 work when you trade with 0.03 lot size with 3 Take Profit levels?

Thanks again.

1. The EA can only manage the symbol/asset it is attached to. There are very good reasons for this, though, detailed in our reply in comment #3. You can use MetaTrader profiles to start MetaTrader up with all the charts/symbols you need and with the EA running on them. Should say, our Close All Trades button that you can download from our library does work for all symbols. 

2. You should still be able to see open orders on the Mobile app, as normal. 

3. No, it does need to be %. So, if original trade is 0.03 lots then close with exit % of 33.33 then will close 0.01 lots, leaving 0.02 lots open. Note, % is of original trade (plus any scale-in), so to exit 0.01 lots on target 2 then would need to set exit % for that target to 66.66. Note, any partial closes are subject the minimum lots and lot step requirements of your broker for that symbol.

Hi Mark Mather

In breakeven option, does it also calculate with commission? I found that it will auto set breakeven at the open position price and not include the commission

No, just spread. But if you sent EA input Main_breakevenThresholdPips to 1.5 (say) then will exit when profit in pips drops below 1.5 (after spread), so that kind of level should cover commission (or possibly 2 instead of 1.5 depending on broker's commission rate).

thanks

If you go to CONFIG button | Display | Panel Items and tick SL/TP/Pending it will add to the panel items to allow you to change SL and TP on-the-fly, e.g. set SL to OFF or set Exit % to 0 on TP. Adjusting SL is via 'SL:' selection list and TP adjust is via TP button. All settings are per direction (sell/buy).

Note, we currently have an issue with  the Master tick box in that TP button pop-up. We'll get it fixed with a new release over the next day or so. Set Exit % to 0 to turn TP off for now.

An update on the Master Take Profit on/off: It is working but you have to watch out for the broker take profit. We set a broker TP a configurable distance away from our hidden TP. However, if you turn off our hidden TP (via TP button pop-up) then you need to also manually move broker TP too, as it's not possible for us to remove the broker TP once it has been set.

Alternatively, to save the above hassle, you can just set the 'Broker TP Offset From Hidden' to blank in CONFIG | Take Profit. That will turn off us setting a broker TP in first place and thus turning off hidden TP master, via TP button on panel, would work as expected.

Hope the above makes sense. May need to read it through twice :)

Thanks Mark, I'll give that a go. 

No, you would need to upgrade out our Strategy Automator, where we could do it as bespoke configuration, plus you would get all the other benefits. However, what is the reason you don't want to use the rrr method?