LRSF - TMS Expert Advisor

Quoting J1mm

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{quote}It will be really helpful to have a document explaining the EA and how to enter trades and also how the EA manages that trades, I can help you with this if you want

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Quoting jansb000

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{quote} Hi J1mm, I did write something earlier. Please see this post (in another thread). I wrote this before a started my own thread. https://www.forexfactory.com/showthr...7#post10126317 Although mostly still valid it is somewhat outdated, and new settings have been added and, indeed, the scripts are fully undocumented. Your offer for help is greatly appreciated. How would we proceed to make some good documentation? Cheers...

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Quoting J1mm

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{quote} Ok, got it! I'm setting everything up, EA is only trading the current pair that you have in your screen, right? I mean is not trading or looking for trading oportunities in other pairs that you are not watching? I have placed 2 trades using the Script, let's see how it goes not really good entries but want to see what the EA does I have 3 windows open: 1- for the EA in GBPNZD pair, it says "Mode: Open Order Found" 2- for the the window where I executed the script 3- for the EA in USDCHF (Random trade)...

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Quoting jansb000

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{quote} 1) A is only trading the current pair that you have in your screen, right? That is correct. But see point (3) as well. 2) I have closed the window where I executed the buy script Once initiated, you do not need the "script-windows anymore". Once the EA has detected the the open trade it will take over control. This should be visible as immediately the EA will put on a limit order of the same tye and size as the original order. 3) I mean is not trading or looking for trading oportunities in other pairs that you are not watching? Every order...

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Quoting J1mm

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{quote} All clear, honestly looks very robust I don't understand too much the MeMe concept Sorry for the questions If I understand correctly by your words, EA is ready to take "auto trades" already, riught? or everything has to be set using the script? If so I only would need to open X windows for all the pairs I want to "Autotrade" and setup the EA in each of them? I just want to configure some pairs to run EA for some weeks with the default values for TP/SL and everything, just...

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Quoting J1mm

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Remarks: 1- EA is not closing Limit orders after it closes the trade, is it normal? 2- I think the TP or TrailingStop is too tight, as you can see some trades could have ended up with more profits, however better to take what market gave you and jump out for another trade. 3- does all the checks that you do follow TMS Method?

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// --- Check for orphan pending orders.
if (gPos.numord == 0 && (gPos.numlim != 0 || gPos.numstp != 0)) {
   string str_detail = "Orphan pending order";
   close_position(isym, CR_HALF_CLOSED, str_detail);
   return;
}

//+------------------------------------------------------------------+
//| Inputs                                                           |
//+------------------------------------------------------------------+
//=== Input Variables
input string Entry_Options    = "-------------------"; // ----- Entry Options -----
input double MinLots          = 0.02;       // Start with this volume
input double MaxLots          = 0.02;       // Never trade more than this
input int    RiscPercentage   = 1;          // Percentage risc per trade
input bool   UseMAConfirm     = false;      // Use MA-Fast and MA-Slow for direction
input int    MAConfirmFast    = 20;         // Confirm MA Fast (periods)
input int    MAConfirmSlow    = 50;         // Confirm MA Slow (periods)
input ENUM_ENTRY_STRATEGY EntryStrategy = ENTRY_5METHOD; // Entry strategy

input string MM_Options       = "-------------------"; // ----- Money Mgt Opts -----
input bool   UseBreakEvenMA   = true;       // Use the soft break-even
input bool   UseBreakEvenSL   = true;       // Use the hard break-even
input int    BreakEvenTrigger = 30;         // Break-Even trigger (pips)
input int    BreakEvenPips    = 5;          // Break-Even pips
input bool   UseTrailingSL    = true;       // Use the hard trailing stop
input int    TrailingPips     = 30;         // Trailing stop (pips)
input bool   UseProfProt      = true;       // Use Profit Protection
input int    TriggerProtPips  = 40;         // Trigger profit protection (pips)
input int    MaxProtPips      = 100;        // Maximize profit protection (pips)
input double MaxProtPerc      = 0.75;       // Maximum profit protection (0-1)

input string Exit_Options     = "-------------------"; // ----- Exit Options -----
input bool   UsePartClose     = true;       // Use the partial close
input int    PartialClosePips = 30;         // Partial close (pips)
input ENUM_EXIT_STRATEGY ExitStrategy = EXIT_5METHOD; // Exit strategy

input string Trade_Options    = "-------------------"; // ----- Trade Options -----
input string UserAlias        = "";          // Alias username ("" --> Accountholder)
input int    MagicNumber      = 20170623;    // MagicNumber
input ENUM_EA_MODE MonitorOnly = EM_TRADE;   // Trade/Monitor status

Quoting J1mm

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Hello boss, I cannot wait for next release of the EA 1 Week taking manual trades, 25% profit which is really good, however I find that EA by himself is almost not opening trades, I don't know if I'm missing indicators of something. Keep the good work

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Quoting jansb000

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{quote} Hi J1mm, I know the autotrading does not take a lot of trades. But hey, if you can make consistent profit by entering trades manually, do we really care about auto trading? The thing is that auto trading will never be as good as manual trading. To prevent simple errors, that humans would never make, we need check over check over check and filter nearly every opportunity except the very very best. Auto trading is just a gadget, or a holy grail. Of course I will try to get it better but the main aim is to manage manual trades. The next release...

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Quoting madebybel

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{quote} Can you explain me what we cannot program what makes a human Trader unique, besides born intuition? I still believe we can code everythingif someone is capable of explaining it in a logical or mathematical way! Thnxs for your time and effort !

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