DislikedGreat Ea, thank you Sir.
Could you please elaborate on the following fields:
#1 One Trade Open Bar
#2 Max Dev ReOpen
#3 Trailing Stop Fields: Target Increment, Stop Increment, Initial Jump
#4 MA timframe default setting is 0. (Does this mean that the MA applies to whichever timeframe you run the EA on?)Ignored
1 - One_trade_bar is one trade per bar.
2 - the EA will trade re-breaks as long as the number of trades is under Max_Trades that you set and that the last trade ended in a loss. Max Dev ReOpen resets box HI or LOW by adding/subtracting the # of pips you specify... basically its to stop automatic reopen if you use BE management.
3 - Target Increment = number of pips the target increases every time previous target is hit.
Stop_increment = number of pips the stop increases every time previous target is hit.
Initial jump = the price target that must be hit inorder to activate trailing stop...
All these trailing stop imputs are simply to make the management as customizable as possible.
4 - yes... thats exactly it... you could use higher than Current timeframe MA if you set this to the value of the desired timeframe in minutes i.e. H1 = 60, D1 = 1440 etc... the way the MA filter works is that if the box is below MA than SHORT only... opposite for LONG... if STOP_INSIDE_BOX is set to true and the MA is inside the box than it will NOT TRADE EITHER.
Hope this clears things up... if not let me know