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Need advice on MT4script

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May 28, 2012 08:39 am
#1
bart User

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Looking for a simple script to close one or many positions at a specific time I choose. If you have such, please, post it or give a download link.
Thanks!

May 28, 2012 12:12 pm
CFXsignals User

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forexfactory has a lot of threads regarding this: eg: http://www.forexfactory.com/showthread.php?t=81006

May 30, 2012 04:19 am

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Traders can create these simple EAs themselves. there r many websites where u can create basic EAs yourself.

Stick to your rules

May 30, 2012 12:27 pm
CFXsignals User

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The coding actually takes some work to learn to do - shouldn't put you off though.

Jun 14, 2012 03:30 pm
Sasha User

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Originally posted by uniquetrader

Traders can create these simple EAs themselves. there r many websites where u can create basic EAs yourself.



Advance EAs need some coding. But different websites have made EA-making easier. I will try to make one using those websites.

Jun 19, 2012 05:44 pm
illiterate User

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Originally posted by Sasha

 

Originally posted by uniquetrader

 

Traders can create these simple EAs themselves. there r many websites where u can create basic EAs yourself.

 



 

Advance EAs need some coding. But different websites have made EA-making easier. I will try to make one using those websites.



Programmers can make a program similar to output of MT4 coding (properties of an EA). So that a person just needs to input values of his strategy to make his own EA. Websites have done something similar to this.

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

Jun 22, 2012 10:28 am

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There are many sites on them a lot of scripts available you can get yours for this you need to make a little search.

 

I really want to know why you decide to choose time instead of price?

Majority of traders choose to close positions on specific price rather than time.

Game is not over Till it's Over

Jun 23, 2012 06:29 pm
Jogi User

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Originally posted by kashifrehman
There are many sites on them a lot of scripts available you can get yours for this you need to make a little search.  I really want to know why you decide to choose time instead of price? Majority of traders choose to close positions on specific price rather than time.


Usually TP and SL are defined with pips. But force exits are, sometimes, placed if a trade doesnt hit TP or SL. These force exits are not defined in terms of pips but time.

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

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