It has to be possible since brokers are storing and executing limit orders. They are using an algorithm. They are not sitting in front of the screen waiting for price to hit the limit to execute. Is anyone doing what we're attempting here presently ...

How to create a hidden simulated limit order in MT4?

This is what I just tried. Nothing... if (BuySig) bool BuySig = true; { double BuyLimitPrice = Ask - LP; double SellLimitPrice = Bid + LP; GlobalVariableSet (BuyLimitPrice, Ask - LP); GlobalVariableSet (SellLimitPrice, Bid + LP); } RefreshRates(); { ...

How to create a hidden simulated limit order in MT4?

Actually I want to simulate the action of a limit order but fire off a market order when the market is trading X pips below my price when the Entry Sig is hit. I think your suggestion is kinda like rockit's maybe? I just tried some stuff with global ...

How to create a hidden simulated limit order in MT4?

OK this is what I tried...As suspected trades are not executing since the formulas will keep the trades from executing... if ( BuySignal ) {BuySignalTrue = true; BuyLimitPrice = Ask - (LP*Point);} if (BuySignalTrue && (Ask <= BuyLimitPrice)) { ...

How to create a hidden simulated limit order in MT4?

There are thousands of retail traders around the world that make enough money trading to trade professionally. On the other hand there are also investment bank traders that lose billions and bust their company or department out. These cases are ...

Real Reasons why Retail Traders lose money

I'm going to try that. Thank you. One question is Since the Ask price constantly changes, and Ask is part of "price" calculation, wouldn't the order be sent at random times? Or not trigger at all? Or does the Ask price at the time bool goes to true ...

How to create a hidden simulated limit order in MT4?

Agreed. The interesting thing about this EA is that it will not generate an entry in a market that has not moved up or down. In a small ranging market it will just sit and wait. So it will not lose money in a tight ranging market, and it doesn't ...

$500 to Million in 11 months - Higher Risk vs. Higher Reward EA

Good point. I understand what you are saying. However with this EA, real live trading has shown to take more signals than the backtests. You may wonder how. 1. I've widened the spread in the BT a bit more than the average live spread. 2. ALL signals ...

$500 to Million in 11 months - Higher Risk vs. Higher Reward EA

Agreed completely. The best we can do is to imagine or to learn about as many "unknowns" as we possibly can and then to work it into the plan as much as possible. Unknowns: 1. Will the market go up or down or sideways? A: It doesn't matter where it ...

$500 to Million in 11 months - Higher Risk vs. Higher Reward EA

There are two potential problems with backtests. 1. Accuracy of data. 2. Accuracy of the EA trading with the same data. For example, in the beginning I used to code EAs, test them, and then trade them. But what I found is that the live trades and ...

$500 to Million in 11 months - Higher Risk vs. Higher Reward EA

BTW, the data is from a live account server with more than 5 weeks of tick data. The EA is trading live. Like I said I have a very similar EA that's working exactly as tested. It's been up and trading live over 5 weeks and actually has better signal ...

$500 to Million in 11 months - Higher Risk vs. Higher Reward EA

Thanks for your comments. I agree with most of what you said. Assuming my 1 minute data is accurate, I have no reservations trading live on backtest data. I don't use indicators or strategies that alter entry or exit based on data other than price. ...

$500 to Million in 11 months - Higher Risk vs. Higher Reward EA

Walk forward test within same dates produce similar 10x plus results starting from each 1st of the month. A straight up or straight down market for an extended period of time with absolutely no retracements would take out the account. Am working on ...

$500 to Million in 11 months - Higher Risk vs. Higher Reward EA

It's the same broker. Same data. Same platform. Same server. Just different calculation of commission vs. spread on each account.

Does MT4 Tester account for Swaps/Commissions?

Zaiko, It's sounds like you have a pretty analytical mind and a more than basic knowledge of statistics and probably even some gaming (gambling) theory knowledge. It also sounds like you have developed loosely based entry rules and set ups for your ...

I lost 7k dollars and I am in a massive pain

You have "entry once a day" and you have "roll over if targets not hit" so the question remains... Up to how many open positions max during the week? Just to clarify... 1 total? max? or 5 max?

An entry a day "happy-go-lucky" system - rolling EMA200!