Expert Advisor Builder for MT4

[Jovager]

Thanks Bossxero for your interest.

What I want it is a stop when the trade goes against me, i.e. when the conditions become the conditions opposite of the opening of the trade.
Best, if it's not too much workis would be a stop and reverse.

Thanks again.

Jo

[lotuscapital]

Hi, I am looking for a really efficient expert advisor, maybe I can find it in the Fisherman. Is this web name related with Fisher Transform?

[karama]

Originally Posted by scorpion

Somebody has coded an online version of auto mql builder for mt4. Check it out at Expert Advisor Builder for MetaTrader 4

Is online version easier to use?

Hi Scorpion,

I have use the EAbuilder and I find it very usefull indead but I have these 2 problems:

FIRSTly
SETUPS: If current bar is higher than previous bar then buy..

PROBLEM: The order will not be executed until the current bar is closed.
This makes my strategy redundant.(It must execute the trade
immediately the condiotion is fulfilled).
Secondly
I'll use an example in this one.(MACD CROSSING)
SETUPS: Buy when MACD is above signal line and I set my take profit to
30pips.
PROBLEM: The order is executed promptly(after the close of the current bar) and when I hit my 30 pips profit, a new position is opened which is not what I want.

I hope u understand me scorpion
Please help me on this coz I really like this EA builder but I am really stuck here!!!


Karama

[scorpion]

Karama, I can't help you. Simply because the product you're talking about is not under my control and development.

[Bill R]

Scorp - have you ever used the Order Reliable routines? Do you think the extra logic is worth it? I've missed some trades on IBFX with 146 trade context busy. Do you program for this, like put your trade in a loop while this condition is true?

[almansor123]

Hello. Im almansor form Malaysia.

[scorpion]

Originally Posted by Bill R

Scorp - have you ever used the Order Reliable routines? Do you think the extra logic is worth it? I've missed some trades on IBFX with 146 trade context busy. Do you program for this, like put your trade in a loop while this condition is true?

I've never used that. But all my EAs gracefully handle the busy context by using Sleep(10000) to give MetaTrader 10 seconds before allowing new order.

I suggest you don't put OrderSend() in a loop. It's useless, since price will have changed already when trade context becomes available. You will then get misquote errors. What you need to do is add Sleep(10000) after each and every OrderSend(), OrderModify(), and other order-related functions. Your EA will automatically retry itself.

[Bill R]

OK, but why would it automatically retry just because it waited 10 seconds? Is that documented somewhere, or did you find it out by trial and error?

[scorpion]

Most standard EAs will retry because it evaluates the order logics on every new tick, as MetaTrader executes the Start() method every tick.

The Sleep(10000) simply tells MetaTrader to pause executing the Start() method for 10 seconds. If ordering-related procedure is execute again within 5 seconds, MetaTrader will throw "too frequent" and "trade context busy" error.

[Bill R]

Makes sense - I needed to change the reverse logic which said: if there's a signal and a position then delete the position and take a new one the opposite way - I pulled the delete and thake position apart, so it deletes the first time, but keeps trying to take the new position on every tick while the signal is hot, like you described. This is better logic - should have thought of that possibility myself. Thanks - Bill