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Pip Accumulator EA


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Musketeer and Sound FX: Here is an observation I have seen with the EA. As today on the EU we have had a nice down move. The EA will enter a trade and once it hits TP or SL it will enter a new trade with the 13 pips SL and TP. But what happens if the move downward starts to retrace up will it keep firing off shorts until a up signal appears? If it does this it will wipe out all the gains of the down move trades.

 

Jeff

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Musketeer and Sound FX: Here is an observation I have seen with the EA. As today on the EU we have had a nice down move. The EA will enter a trade and once it hits TP or SL it will enter a new trade with the 13 pips SL and TP. But what happens if the move downward starts to retrace up will it keep firing off shorts until a up signal appears? If it does this it will wipe out all the gains of the down move trades.

 

Jeff

 

 

 

Hi jshear. good observation... i was just about to post a similar thot...

 

1) According to me when a buy or sell arrow is given by the system the EA shld only take one trade per signal and after that it shld wait 4 a fresh signal

 

2) And when we start our MT4 platform at any given point of time their would be a trade running according to the EA.. it shld wait 4 that signal to be complete and then look for a fresh signal...

 

Just my 2 cents.... this is just how i trade

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Just found a bug in the EA I noticed that the EA did not enter a new short trade once the last trade got stopped out as the probability meter was now above -20 but once the probability meter went below -20 the EA jumped into 2 trades even though I had 2 trades set to false?

 

 

Jeff

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I just got a double trade again when the EUR USD fired off a long trade and the probability meter was above +20 the EA has now opened two long trades and I have 2 trade setting set to false?

 

Jeff

 

http://imageshack.us/photo/my-images/855/jeffh.gif/

 

i had two trades from the ea once but i had by mistake two charts set up with ea on each.

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Neil, check in that way: http://content.screencast.com/users/myonlinecont/folders/Jing/media/b548ed33-5958-4c3b-800a-1115c1269f03/2011-08-30_1526.png
I'm on ThinkForex and the "differ from market price" is 0 - i think the problem is that you cannot program stops and targets in the same trade as you place a market order - got this problem on FXPro also - even when I turn default TP and SL off and go with ATR SL it won't accept a market order with the SL and TP included - anyone else experiencing this?
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Muskateer the last version on post #41 does this version have both ECN and non ECN settings? I have installed this version and don't see a setting for it? Keep up the good work.

 

 

Jeff

Jeff, I use it without any issues, it works always in so called ECN mode, because it suits with ECN and Instant execution. So, it permanently works with ECN(two steps orders).

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I'm on ThinkForex and the "differ from market price" is 0 - i think the problem is that you cannot program stops and targets in the same trade as you place a market order - got this problem on FXPro also - even when I turn default TP and SL off and go with ATR SL it won't accept a market order with the SL and TP included - anyone else experiencing this?

 

Neil, are you using the EA from post#41 ?

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1) According to me when a buy or sell arrow is given by the system the EA shld only take one trade per signal and after that it shld wait 4 a fresh signal

.... this is just how i trade

 

psaini1973, you can modify the EA to trade only when there is a new signal, by adding MACD Main and Signal values of shift 2 and comparing to the values from shift 1. Only when shift 2 differ from shift 1, which indicate a fresh cross over of MACD and Masterprob beyond 20, then enter the trade. Hope this helps.

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psaini1973, you can modify the EA to trade only when there is a new signal, by adding MACD Main and Signal values of shift 2 and comparing to the values from shift 1. Only when shift 2 differ from shift 1, which indicate a fresh cross over of MACD and Masterprob beyond 20, then enter the trade. Hope this helps.

 

 

Thank u so much JasonKwok.. but i have no knowledge of coding etc. soundfx is the best person to do this...

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