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Thread: MTFWPR EA based for scalping in 1-5-15 min

  1. #11

    Default Sir,some explanation on this EA, please

    Quote Originally Posted by funyoo View Post


    I mean the original TrendBands indicator. I have found it.

    Here is the EA.

    Hi Mr Funyoo,

    does this EA go only in one direction?what does the reverse funtion in the input tab do??Also does it need stoploss and take profit or does it do that internal?And final, please do you know the settings Mr mike used to achieve his result.if no which settings did you used during ur testing or which would you suggest?

    sorry for the many questions and thank you in advance
    malachy

  2. #12
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    Quote Originally Posted by enabu View Post
    Hi Mr Funyoo,

    does this EA go only in one direction?what does the reverse funtion in the input tab do??Also does it need stoploss and take profit or does it do that internal?And final, please do you know the settings Mr mike used to achieve his result.if no which settings did you used during ur testing or which would you suggest?

    sorry for the many questions and thank you in advance
    malachy
    Hi enabu,

    The reverse option allows you to buy when the conditions are supposed to be for sell, to sell when the conditions are for buy. The TP and the SL, it's up to you. No I don't know his settings. It seems that it is default settings with manual modification on some SL. I have not tested it, I have only verified the entries and exits.

  3. #13

    Default thanks Mr Funyoo---and some more questions--lol

    Quote Originally Posted by funyoo View Post
    Hi enabu,

    The reverse option allows you to buy when the conditions are supposed to be for sell, to sell when the conditions are for buy. The TP and the SL, it's up to you. No I don't know his settings. It seems that it is default settings with manual modification on some SL. I have not tested it, I have only verified the entries and exits.
    Thanks Mr Funyoo, you are unbelieveable helpful.A couple of more questions.without the reverse option, will this EA go only in one direction?Because I noticed it opened a buy position for more than 8 hours and even though the buy position was in a huge winning postion its still didn't close it!also I noticed without the reverse option it seems to open only buy.with the reverse option it opens sell.Kinda confuses me.lastly does it close a position when conditions for that positions has been expired and automatically open a new position based on the new conditions?
    sorry once again for the many questions and thank you in advance


    enabu

  4. #14
    Administrator funyoo's Avatar
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    Quote Originally Posted by enabu View Post
    Thanks Mr Funyoo, you are unbelieveable helpful.A couple of more questions.without the reverse option, will this EA go only in one direction?Because I noticed it opened a buy position for more than 8 hours and even though the buy position was in a huge winning postion its still didn't close it!also I noticed without the reverse option it seems to open only buy.with the reverse option it opens sell.Kinda confuses me.lastly does it close a position when conditions for that positions has been expired and automatically open a new position based on the new conditions?
    sorry once again for the many questions and thank you in advance


    enabu
    The ea enters a long position at a long signal. Then, when a short signal appears, it closes the long position and it enters a short position, etc... To secure the profits, you have to choose the right TP/SL/TS combination.

  5. #15

    Default Thank you very much, Sir!

    Quote Originally Posted by funyoo View Post
    The ea enters a long position at a long signal. Then, when a short signal appears, it closes the long position and it enters a short position, etc... To secure the profits, you have to choose the right TP/SL/TS combination.
    Thank very much sir!

  6. #16

    Default stoploss code

    Hi Mr Funyo,

    Please can you put a stoplos code as an external variable in the atached EA.The stoploss code presently there doesn't seem to work.
    Thank u sir

  7. #17
    Administrator funyoo's Avatar
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    Quote Originally Posted by enabu View Post
    Hi Mr Funyo,

    Please can you put a stoplos code as an external variable in the atached EA.The stoploss code presently there doesn't seem to work.
    Thank u sir
    I have moved your previous post, as there is no link with this thread, see here : Ilan1.4

  8. #18

    Default

    Quote Originally Posted by enabu View Post
    Hi Mike, Please can you tell me the settings you sused to obtain the above results.I installed the EA and it opened positions but there doesn't seem to be no stoplosss or take profit.the trade is in a winning position but none of the winning position has closed for more than 20 hours now! How is postion exited, i would apprecaite it if you throw some light on this EA for me.

    Thanks in advance.
    malachy
    Hi
    It is also my problem because none of the winning position has closed for more than 48 hours now ,we need exit strargy for this EA and i want ask Mr funyoo about it?
    about the setting i only changed the usesecondwpr item from false to true
    and all items were false but you can change all items and confirm us what was your result form new settings.
    Attached Images Attached Images MTFWPR EA  based for scalping in 1-5-15 min-new-result-jpg 
    Last edited by mike1982; 12-11-2008 at 17:33.

  9. #19
    Administrator funyoo's Avatar
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    Quote Originally Posted by mike1982 View Post
    Hi
    It is also my problem because none of the winning position has closed for more than 48 hours now ,we need exit strargy for this EA and i want ask Mr funyoo about it?
    I have no idea. As I've said previously, it's up to you. Try to find what are the best parameters with SL, TP and TS.

  10. #20

    Default

    Quote Originally Posted by mike1982 View Post
    Hi
    It is also my problem because none of the winning position has closed for more than 48 hours now ,we need exit strargy for this EA and i want ask Mr funyoo about it?
    about the setting i only changed the usesecondwpr item from false to true
    and all items were false but you can change all items and confirm us what was your result form new settings.

    Hi Mike,
    the result is the same.the trade doesn't seem to close.I will try changing the usesecondwpr item from false to true as you suggested.

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