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Martin Fischer  

For free for a few days...

If you find problems, please let me know...

If you think this is a good product, please rate it and leave a comment... ;-)

Martin Fischer  

There will be a new version (1.7) of my EasyOrderCreator in the next few days.

It is waiting for approval by the admins...

  • fixed problems with automatic close orders on profit/loss.
  • one EasyOrder can check now every symbol for profit/loss
  • Reset-lines-function improved (better take-profit and stop-loss -values)
  • fixed missing 'send notification' on automatic closing orders with special comment
Martin Fischer  

Now I've developed the version 1.8 with the following new features:

  • AutoResetTradeLevels: If the order of the trade-levels are not correct, it's possible to correct them automatically
  • ShowBreakEvenOnAveraging: Shows the break-even-price-level if you have multiple open orders of the same symbol
  • Added a window-close-button
Kodithuwakku Senevirathne  

Hi Martin

This is a cool tool that I have been looking for. Could you do small enhancement? I trade breakout and wants to place pending stop orders way from the consolidation range. Once the consolidation range is identified, I will put stop buy and stop sell orders away (say 50pips) certain pips in either side of the channel. My suggestion is, to create two more lines to mark the consolidation range and place pending orders reference to those markers? thanks

alevros  

Hi Martin is it possible to add a pips tp/sl option instead of a  percentage? I t would be useful also if the number of lots could be changed manually independently of the other options. Thanks in advance and a happy new year.

Martin Fischer  
PandionFx:

Hi Martin

This is a cool tool that I have been looking for. Could you do small enhancement? I trade breakout and wants to place pending stop orders way from the consolidation range. Once the consolidation range is identified, I will put stop buy and stop sell orders away (say 50pips) certain pips in either side of the channel. My suggestion is, to create two more lines to mark the consolidation range and place pending orders reference to those markers? thanks

This is a very special requirement. And it does not make sense to use fixed pip sizes. Depending on the actual symbol and the actual volatility, 50 pips can be a very big or a very small range/distance. I'll keep your suggestion in my mind, but at the moment I do not implemet this feature. My be later... Sorry. ;-)
Martin Fischer  
alevros:

Hi Martin is it possible to add a pips tp/sl option instead of a  percentage? I t would be useful also if the number of lots could be changed manually independently of the other options. Thanks in advance and a happy new year.

I'm working on a selectable choice, if you want to enter percent-values or absolute values (of your currency). Pips do not make sense. If you are trading diffrent symbols, the result for 1 lot and 100 pips have diffrent results. The primary goal of my tool is: always be able to set the same risk. Trading with same lot sizes on different symbols will lead to (very) different risks. That is the reason, why lot size is not manually changeable. ;-)
fxcommentary  

Probably what would be appreciated :

- the value of RR ratio both on lines / info panel

- auto TP placement with selectable RR

Regards, M.

Martin Fischer  
fxcommentary:

Probably what would be appreciated :

- the value of RR ratio both on lines / info panel

- auto TP placement with selectable RR

Regards, M.

Hi fxcommentary,

thank your for your review and your suggestion!

Best regards,

Martin

Martin Fischer  

I've found a bug:

The new functions "Reverse" and "Double" produce a zero-divide-error.

I already sent the update to the admins. (V2.2)

Sorry for that issue...

ikerinz  
hello : i purchased the product. is it possible avoid stoploss position ? i use hedging but just to make some protection not martingale or change direction of trade so sometimes i need put 2 opposited orders with different lot ( 1 of them making some protection ), because usually my target can allow this : close nice profit or close less profit, but trades going in my initial direction
 
thanks
Desmond Low  
Hi, is it possible to have a break-even line or set to % of the entry and SL range. For example: Break-even at 50% of Entry to SL = 0.5 X 20pips = break-even at 10 pips.
Also, break-even +Xpips which means it wont be $0 when it break-even. Instead it will +x pips, example:SL shift +1 pip f entry price after price touches break-even level. Hope this could be implemented.
Martin Fischer  
Desmond Low:
Hi, is it possible to have a break-even line or set to % of the entry and SL range. For example: Break-even at 50% of Entry to SL = 0.5 X 20pips = break-even at 10 pips.
Also, break-even +Xpips which means it wont be $0 when it break-even. Instead it will +x pips, example:SL shift +1 pip f entry price after price touches break-even level. Hope this could be implemented.
Hi, so you want to have a kind of take-profit target-line? Do I understand you correct? ;-) (profit target in % of SL, and/or profit target: break-even + X pips)?
Martin Fischer  
ikerinz:
hello : i purchased the product. is it possible avoid stoploss position ? i use hedging but just to make some protection not martingale or change direction of trade so sometimes i need put 2 opposited orders with different lot ( 1 of them making some protection ), because usually my target can allow this : close nice profit or close less profit, but trades going in my initial direction
 
thanks
Sorry for my late reply. That means, you want to have a simple butten, that removes the SL of all orders of the current symbol?
Desmond Low  
Martin Fischer:
Hi, so you want to have a kind of take-profit target-line? Do I understand you correct? ;-) (profit target in % of SL, and/or profit target: break-even + X pips)?
Thanks for the reply. I would like to have a break-even line: when price touches the break-even line, it will automatically shift SL to break-even and shift +xpips. For example: X=1, price touches break-even line, shift SL to +1pips so the trade ends with a small profit. This is just my suggestion but I think it will make your product even better. Or you can have the rule break-even shift SL +X pips when price hits % of EP to SL range.
Btw, you have quite many useful tools, im wondering if i purchase more than 1, how do I place them on in the same chart as shown in in your videos?
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Martin Fischer  
Desmond Low:
Thanks for the reply. I would like to have a break-even line: when price touches the break-even line, it will automatically shift SL to break-even and shift +xpips. For example: X=1, price touches break-even line, shift SL to +1pips so the trade ends with a small profit. This is just my suggestion but I think it will make your product even better. Btw, you have quite many useful tools, im wondering if i purchase more than 1, how do I place them on in the same chart as shown in in your videos?

Ok - touching the break-even should move the SL. But I think, that X=1 (in your case) will not work, because if the price touches break-even, you can not place SL so close to the actual price. So X must be X = -20 or something like that. Unless it is a special break-even-line, that is no real break-even. It must be a break-even +%profit or +pips. So you need a second break-even with a special profit-setting and touching this line will move SL to normal break-even +X pips... ;-) Right? ;-)

Hmm... Isn't this possible with the trailingstop? I'm just thinkin about... ;-)

You can simply place all the products on the chart. The menu-buttons will automatically be added and sorted by an internal order. 

Desmond Low  
Martin Fischer:

Ok - touching the break-even should move the SL. But I think, that X=1 (in your case) will not work, because if the price touches break-even, you can not place SL so close to the actual price. So X must be X = -20 or something like that. Unless it is a special break-even-line, that is no real break-even. It must be a break-even +%profit or +pips. So you need a second break-even with a special profit-setting and touching this line will move SL to normal break-even +X pips... ;-) Right? ;-)

Hmm... Isn't this possible with the trailingstop? I'm just thinkin about... ;-)

You can simply place all the products on the chart. The menu-buttons will automatically be added and sorted by an internal order. 

What I meant for X=1 is:
if entry price (sell stop) = 1.2050
Stop loss =  1.2080
Take Profit = 1.2020
Break-even line = 1.2040
When price reaches 1.2040, it will automatically shift Stop loss to entry price +/- 1 pip = 1.2049
In this case, if price goes against the user, the user still make +1pip profit or 10 points.

The other method im suggesting is:
Break even at x% of entry price to Stop loss range
In the previous example: entry price to stop loss is in a range of 30pips
So, if user input 50% as break-even, when price reaches +15pips, it will automatically shift Stop loss to entry price +/- 1 pip = 1.2049

Oh cool, i cant wait to add some of these into my trading tools. Hope you can implement my suggestions. 
Cheers!

vancamp  
Can you bring back the function to insert a value for the SL in Pips after Reset, please?
Martin Fischer  
vancamp:
Can you bring back the function to insert a value for the SL in Pips after Reset, please?
I will change the structure of the parameters with the next update. Then it will be possible to select between Pips, PercentofEquity and AbsoluteValue.
Miguel Angel Zapata  

hi

can this handle the order from others ea with a magin number ?

 

best regards

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