Hi everyone,
I was hoping someone would be kind enough to help me. I've been trading successfully for the past 18 months using a specific daily system and after posting a plea for help on Forex Factory, someone kindly posted a link to this thread. To be honest I'm completely useless with programming and even after reading through this entire thread, I'm still not sure how to use it. I can upload it and attach it to a chart (I'm not that bad!), but I don't know how to use it for what I need.
If I may just explain what I need, I'm hoping someone can help me set it up...
I always have 2 trades running on the same pair at the same entry price. I always place orders and wait for them to be hit. I hardly ever use instant execution.
For the first trade, I have a very conservative take profit point for whichever pair I'm using. By the way I trade EUR/USD, EUR/GBP and GBP/USD. For the second trade the stop is the same, but there is no take profit target. I wait for the market to decide when its had enough.
So when the first trade is closed at the take profit point, I always amend the second trade to BE manually just in case price moves against me. But sometimes if I'm busy and away from the computer, my first take profit can be hit (which is good) and then price can retrace causing a loss (which of course is bad!). What I need is some way that my SL on that second trade can be automatically moved to BE when my first take profit point is hit just in case price retraces. I'm sure its there in that EA, its just that I can't work out what to put in the settings to get what I need.
If someone could explain to me as if I was stupid how to get this set up, I would be very, very grateful.
I'm really sorry to be a pain in the ass and for the long message.
Thanks again
Dazzer
I was hoping someone would be kind enough to help me. I've been trading successfully for the past 18 months using a specific daily system and after posting a plea for help on Forex Factory, someone kindly posted a link to this thread. To be honest I'm completely useless with programming and even after reading through this entire thread, I'm still not sure how to use it. I can upload it and attach it to a chart (I'm not that bad!), but I don't know how to use it for what I need.
If I may just explain what I need, I'm hoping someone can help me set it up...
I always have 2 trades running on the same pair at the same entry price. I always place orders and wait for them to be hit. I hardly ever use instant execution.
For the first trade, I have a very conservative take profit point for whichever pair I'm using. By the way I trade EUR/USD, EUR/GBP and GBP/USD. For the second trade the stop is the same, but there is no take profit target. I wait for the market to decide when its had enough.
So when the first trade is closed at the take profit point, I always amend the second trade to BE manually just in case price moves against me. But sometimes if I'm busy and away from the computer, my first take profit can be hit (which is good) and then price can retrace causing a loss (which of course is bad!). What I need is some way that my SL on that second trade can be automatically moved to BE when my first take profit point is hit just in case price retraces. I'm sure its there in that EA, its just that I can't work out what to put in the settings to get what I need.
If someone could explain to me as if I was stupid how to get this set up, I would be very, very grateful.
I'm really sorry to be a pain in the ass and for the long message.
Thanks again
Dazzer
Attached File(s)
Swiss Army EA v1-51.zip
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597 downloads