Sunday, May 22, 2011

Order Auto Catch on Feature Release Version 40


Forex Trailer Version 40 April Release 

1. Auto Catch On Feature  

Many members welcome this feature as this makes trading 
with Forex trailer EA better. Members will now be able to 
omit the step on entering the order ticket number as the 
EA can now auto pick up the order ticket number and start 
its trade management process. 

If you are trading with a signal service provider, this 
auto catch feature will make it even more convenient to 
use Forex trailer EA along with such services.  

2. BE plus X pip 

When using partial close or break even stop, once pip in 
target is reached, the stop loss is shifted to break even 
point plus x pip. By default x is 1. After this new update, 
members can now specify the number of x pip they will 
like the stop loss level to shift at the break even level. 

3.  Ability to Define User Take Profit Level

In previous versions, during any trailing operations, 
the trader’s TP will be removed from the broker’s server. 

This restriction has been lifted and traders are now free 
to have TP during trailing operations.

4. Reactivity and Operational Issue

Our software was reported that it was not reactive while 
trading daily time frame and also super short time frame 
like 1 - 2 minute bar. Our EA was tuned to make trading with 
such time frame feasible now. Some chart display errors are 
also pointed and remedied. Software authentication with 
certain brokers are also fixed.


5. Trade Resumption Implementation

Do note that in previous versions of FXT, the following 
activity will reset the EA's memory in particular to 
remembering the 2nd order number as a result of partial 
close: 

a) Changing time frame
b) Changing of EA properties
c) Closing the chart with the EA attached
d) Closing the entire MT4 application
e) Computer shut down (blue screen, windows hanged etc...) 

As a result when using previous versions, the user must 
carry on the trading process as if its’ a new order. 

Detach EA from chart, paste a new copy and select the 
exit strategies again. 

The newly implemented Operations Resumption feature 
allows the EA to remember the 2nd order (when partial 
closing or break even stop) number and the current operations. 

When MT4 is re-opened, the EA will recognise and the exit 
strategies and last actions conducted. It will resume its 
operation thereafter without any intervention from user. 

If you like to change previous exit strategies to a new 
strategy, close the chart and re-attached a new EA to a 
chart. Perform the process like its a new order. 

For more info of MT4 Trailing Stop EA, visit URL below:


Regards,

Warren Seah 


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