telor_emas
Active Member
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- Dec 9, 2007
- Messages
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pair ape2 bleh?? tf ape ye nak pakai?? m5 ke
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ah.. too bad.. pipforia is martingale.. you need HUGE capital for small lot, HUGE capital means really HUGE!
Hi there,
I have been trading this EA live for about 2 months. So far it performs well, virtually all loses can be ascribed to technical problems rather than the trading strategy.
Attached is the EA to close profit for HGM. Just place the 2 HGM TEPS V1.0 files in your /experts folder.
The blankchart is simply a template to blank out the chart that you place the EA on so you can see the writing. You can use it or not, makes not difference…..if you do use it, it goes in the main templates folder(not the /experts/templates folder).
You just drag the EA onto any chart…..I usually use the same currency that I am trading so that the tickdata is synchronized.
The important setting are as follows :-
Basket stop loss settings
MagicNumber - this must be the same as the HGM. This allows you to trade other EA’s on your account and the TEPS EA will leave your other trades alone;
BasketClosureSL - set to true if you want a basket stop loss;
BasketSLinDollars - set to true if you want to set the stop loss in $$;
BasketDollarSL - here you set the actual figure for the equity stop loss;
BasketSLasPercent - set to true if you want to use a % equity stop loss…..make sure BasketSLinDollars set to false in this case;
BasketSLPercentage - here you set the % of equity stop loss;
Basket trailing stop settings
BasketTrailingStop - set to true to use the trailing equity profit stop;
BasketTsAtProfit - this is where you set the point that “arm” the trailing equity…..set in $$;
BasketTrailPercent - here you set the % to trail by. If you set to 75% it will close at $15(if armed at $20)
Other settings
BasketCloseImmediately – closes all trades immediately. Not required as HGM also has same function;
Sendemailonprofit - if set to true will send an email on closure of each cycle with account balance, equity and basket profit.
I still have big plans for this EA as I believe that making the closure efficient is part of the key to profit. I still want to code in the following routines :-
· When the profit becomes locked, the EA should close opposite orders. Since the profit is locked, the hedge function of the opposing orders is no longer needed and just takes away from profit;
· I want the EA to close bigger orders first when the TEPS is hit. This will reduce the cost of slippage especially during news time;
· Eventually I would like to make the trailing stop dynamic based on either volatility or trend strength, but this requires further investigation.
I should point out that I am only starting out with coding(and trading in fact)…I have dabbled a bit in visual basic for applications(Excell, word, access, etc), so please don’t hold you breath for rapid development. It’s a learning curve for all of us, I think.
Anyway, try it out and let me know what your thoughts are and if there are any bugs.
Cheers
Just one more point, you need to set the Take Profit level on the HGM very high.....doesn’t help having the TEPS if HGM closes the trades before TEPS activates.
Regard