Rolux

Trader
Aug 31, 2023
1
0
6
42
Yeah, that's pip/point adjustment. It works well only for Forex pairs. You can remove it completely if you trade futures.
Hello, so it could not be used for Gold. I traied it but set pending orders, SL an TP at 1 pip instead of 10.
Regards
 

Wayne_UK

Trader
Aug 1, 2023
2
0
7
62
I noticed that early on in this thread around 2012, somebody did an MT5 version of this EA. Did that ever get any traction and if so was it on a different thread?
Would be keen to have a play with the latest MT5 version please?
 

Enivid

Administrator
Staff member
Nov 30, 2008
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Reactions: Wayne_UK
May 10, 2023
21
0
17
53
On the last 2 trades I prepared Amaze for AUD and CAD interest rate changes. Although the market went short / sell, instead, a buy order was produced? There was no whipsaw, or wick that I noted? Can you explain anything here?
Thanks.
 

Enivid

Administrator
Staff member
Nov 30, 2008
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On the last 2 trades I prepared Amaze for AUD and CAD interest rate changes. Although the market went short / sell, instead, a buy order was produced? There was no whipsaw, or wick that I noted? Can you explain anything here?
The works by placing two pending orders before the news release. You have to check the Journal and the Experts tab see what actually happened.
 

Luigi

Newbie
Feb 20, 2023
5
0
2
34
Amazing EA has been updated to version 1.04 to add risk-based position sizing, ATR-based stop-loss, and some new parameters to control its work.
Hi Enivid,
Thanks for the update & upgrade.

This EA makes two pending orders: a stop buy order & a stop sell order.
I want to change these two in my mt5 EA into: a stop-limit buy order & a stop-limit sell order.
Then I can control the stop portion and the limit portion of my entry.

Can you tell me were to replace, add or delete code to make this possible?

Thanks in advance.
Regards
 

dimjim77

Trader
Feb 5, 2024
2
0
6
35
athens sparti patra
Hi Enivid,
Thanks for the update & upgrade.

This EA makes two pending orders: a stop buy order & a stop sell order.
I want to change these two in my mt5 EA into: a stop-limit buy order & a stop-limit sell order.
Then I can control the stop portion and the limit portion of my entry.

Can you tell me were to replace, add or delete code to make this possible?

Thanks in advance.
Regards

Amazing EA has been updated to version 1.04 to add risk-based position sizing, ATR-based stop-loss, and some new parameters to control its work.
hi, i am new here, i download the tool but when i open it to create the EA it gave me 33 errors, can you guys check?
i am attaching an image to get the idea.

also i understand the main idea is to have 2 pending orders and try to capture the volatility of the market but what happen if for example 1 of the 2 orders activated? the other deleted or after some time deleted?
also i am able to set it up to open the order minutes before the release or after the release coz typical in nfp the spread open like crazy.


thank you.
 

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Enivid

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Nov 30, 2008
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hi, i am new here, i download the tool but when i open it to create the EA it gave me 33 errors, can you guys check?
i am attaching an image to get the idea.
Please make sure you are installing it by copying the two folder from the downloaded archive directly to your MQL5 folder.
also i understand the main idea is to have 2 pending orders and try to capture the volatility of the market but what happen if for example 1 of the 2 orders activated? the other deleted or after some time deleted?
Yes, there is a one-cancels-other function - the OCO parameter has to be set to true. This explained in the EA's description.
also i am able to set it up to open the order minutes before the release or after the release coz typical in nfp the spread open like crazy.
You can set any time as the news time, so yes, it will be able to open the orders whenever you want.
 

dimjim77

Trader
Feb 5, 2024
2
0
6
35
athens sparti patra
Please make sure you are installing it by copying the two folder from the downloaded archive directly to your MQL5 folder.

Yes, there is a one-cancels-other function - the OCO parameter has to be set to true. This explained in the EA's description.

You can set any time as the news time, so yes, it will be able to open the orders whenever you want.
hi yes i did but to be honest to compile the mq5 to ex5 the other file on includes folder should play any part but yes i have put the file there, the problem is on compile if you check the screenshot
 

Enivid

Administrator
Staff member
Nov 30, 2008
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hi yes i did but to be honest to compile the mq5 to ex5 the other file on includes folder should play any part but yes i have put the file there, the problem is on compile if you check the screenshot
Please show a screenshot with the first error in the list. It's usually the most important one. Thank you!
 

rabcnesbit

Newbie
Apr 5, 2024
5
0
2
57
Firstly, just found his site and I must say a big thank you for your massive generosity for providing these utilities (EAs, Indis, scripts) for free! Got a quick question, in the 'NewsDate Time' parameter, is this the actual news time or the broker's time, as brokers' times tend to be different for different brokers. For example, my broker's time is 2 hours ahead. So, a news schedules for say 13.00, when I open my MT4, my brokers time would be 15.00. Thanks
 

Enivid

Administrator
Staff member
Nov 30, 2008
18,885
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Odesa
www.earnforex.com
Firstly, just found his site and I must say a big thank you for your massive generosity for providing these utilities (EAs, Indis, scripts) for free! Got a quick question, in the 'NewsDate Time' parameter, is this the actual news time or the broker's time, as brokers' times tend to be different for different brokers. For example, my broker's time is 2 hours ahead. So, a news schedules for say 13.00, when I open my MT4, my brokers time would be 15.00. Thanks
Broker time.
 

Kassem v

Trader
Jan 11, 2024
4
0
7
39
Hi Endivid,
wish you are fine
What's happening is that with even an internet speed of 400 mb/s with pending orders isnt catching the specific price, its dragged with the quickly opening new bar and opens a trade after it stops for milli seconds, meaning that the big push is lost, and it may even move back to the opposite direction causing Loss not Profit ( which was really what happened).
First, what do you think about this issue ?
Second, can this be solved? maybe in the matter of the form of the pending order ( which is currently buy&stop orders) or maybe in another way , what do you think ?
Thank you very much, and wish you great successful days.
 

Enivid

Administrator
Staff member
Nov 30, 2008
18,885
1,425
144
Odesa
www.earnforex.com
Hi Endivid,
wish you are fine
What's happening is that with even an internet speed of 400 mb/s with pending orders isnt catching the specific price, its dragged with the quickly opening new bar and opens a trade after it stops for milli seconds, meaning that the big push is lost, and it may even move back to the opposite direction causing Loss not Profit ( which was really what happened).
First, what do you think about this issue ?
Second, can this be solved? maybe in the matter of the form of the pending order ( which is currently buy&stop orders) or maybe in another way , what do you think ?
Thank you very much, and wish you great successful days.
Do you mean slippage? The actual entry price is well beyond the order's entry price? Or do you mean something else?
Slippage doesn't depend on your Internet speed. It depends on your broker's execution quality, which is always bad during the news.
Not much you can do about it. You can try using our News Trader EA that uses two pre-entered market orders instead. But this approach has its own disadvantages.
 

Kassem v

Trader
Jan 11, 2024
4
0
7
39
Do you mean slippage? The actual entry price is well beyond the order's entry price? Or do you mean something else?
Slippage doesn't depend on your Internet speed. It depends on your broker's execution quality, which is always bad during the news.
Not much you can do about it. You can try using our News Trader EA that uses two pre-entered market orders instead. But this approach has its own disadvantages.
Unfortunately, ok.
Yes am using the News Trader EA.
On another issue , is there an EA for price bar moving quickly in the same minute, which opens a trade to catch up the momentum in the same minute,
(I used this way manually couple if times before with the WTI (US oil) and it had good profit back then),
it may looks like the Persistent EA found here , but in the SAME bar moving for example upwards, not based on certain number of bars before it, based on time in seconds and certain price move which triggers a quick trade ,
and this could be during predetermined News time or in any usuall time that may have accidental great price moves in matter of seconds.
Am searching here and online for this , and am here asking a Pro.
Thank you.