To Chartist,
Thanks for the input.
1.) If you are GMT+2 just add 2 to whatever start time you prefer. If London open is at 08:00 GMT, you would set the timed entry to 10:00.
2.) Currently I am having some bugs in the EA where it is not entering immediately when both price and timed entries are set to false, so I can't test that out for you right now but I will e-mail my coder and ask him. With nothing there to stop the EA from starting a new sequence like a price point or a time I would assume it would start up another sequence after the TP is hit. Once I get the bug fixed I'll test it out for you to see if it keeps opening a new sequence or stops automatically.
3.) Again, after I get the bug fixed, when you're indicator gives you the go ahead to enter just set the timed and price entry to false and stick it on the chart and the EA will enter the trade on the next tick.
4.)The main reason I added the Breakeven function is so I don't have to sit in front of the computer all night to watch the trades and if a trade goes the wrong way after almost hitting my TP I won't lose anything. But again I warn people not to go anything less than 75% of the TP level for your breakeven point in order to minimize getting stopped out too often.
Just to let you know I'm also trying to see if my coder can add another feature to the EA. Say, for example, we are in a trade and we are on the 5th sequence level and our breakeven setting was hit and our stop moved, then the trade went against us and stopped us out for 0 pips. What I'd like the EA to do is re-open the trade at the 5th level where it was stopped out instead of going to the 6th level. Basically it would be a freebie trade and we would actually end up with 25 chances instead of 24 chance to hit our TP level. What do you guys think?
Thanks for the input.
1.) If you are GMT+2 just add 2 to whatever start time you prefer. If London open is at 08:00 GMT, you would set the timed entry to 10:00.
2.) Currently I am having some bugs in the EA where it is not entering immediately when both price and timed entries are set to false, so I can't test that out for you right now but I will e-mail my coder and ask him. With nothing there to stop the EA from starting a new sequence like a price point or a time I would assume it would start up another sequence after the TP is hit. Once I get the bug fixed I'll test it out for you to see if it keeps opening a new sequence or stops automatically.
3.) Again, after I get the bug fixed, when you're indicator gives you the go ahead to enter just set the timed and price entry to false and stick it on the chart and the EA will enter the trade on the next tick.
4.)The main reason I added the Breakeven function is so I don't have to sit in front of the computer all night to watch the trades and if a trade goes the wrong way after almost hitting my TP I won't lose anything. But again I warn people not to go anything less than 75% of the TP level for your breakeven point in order to minimize getting stopped out too often.
Just to let you know I'm also trying to see if my coder can add another feature to the EA. Say, for example, we are in a trade and we are on the 5th sequence level and our breakeven setting was hit and our stop moved, then the trade went against us and stopped us out for 0 pips. What I'd like the EA to do is re-open the trade at the 5th level where it was stopped out instead of going to the 6th level. Basically it would be a freebie trade and we would actually end up with 25 chances instead of 24 chance to hit our TP level. What do you guys think?