Disliked{quote} Hi Rodolfolm, Looks quite sophisticating, keep up the great job. About the EA 3.46 version, could you kindly explain what is that HILO config means? Also, I realised the default settings for take profit in pips is 3000, is this by purposed/accident? Looking forward for your prompt feedback. Cheers. peteIgnored
Hilo uses two moving averages one in price PRICE_LOW and one in price PRICE_HIGH. If the Bid price is greater than the MM PRICE_HIGH Buying signal if the Bid price is less than PRICE_LOW Selling Sign.
Understood?
There are some calculations of indicators used as a sign that it is difficult to explain the complete formula in words.
Yes, TrailingStop works better than takeprofit to my liking. but it is of taste.