DislikedHad that SELL on USDCAD also...
What I noticed is that eh target for #1 was hitted, but the order was not closed...
Shouldn´t I have only 2 open orders?Ignored
check mark Show Ask Line in Properties and will see
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DislikedTP1 hit
TP2 Trailing stop hit (for profit I must add)
TP3 still going
Nice system so far
TP3 trailing SL hit ( in profit )
New orders placed at 1.56222 HUH
And this is with a ranging pairIgnored
DislikedI think #1 you'll need 2 different settings: Either Use Buy Stops
Or Limited Buys, not both of them at the same time.
#2 I'm thinking if after trigger, price going to go up, you might want to
trail Buy Limit Orders and STOP LOSS up as well. (AS we do Buy Stops now)
#3 Yes, we might have little bit less trades, but remember we already trading 24/7 instead of just 23 GMT few times a week..
40 pips maybe too big I just used as example.. Perhaps 30 can be use
Everyone should set their own value..
CHECK M15 TODAY Cable ACTION...Ignored
Dislikedhello sashasan,
thanks for the new version. I backtested gbp/usd with various parameters for the last 7 months and the results don't seem to be good except july. maybe some optimization is required.
I'd like to ask you something different, and maybe a bit off the topic. Is there any chance that you would add a 'reverse order' option to the EA. I mean, when the indicator gives BUY signal EA sells, or vice versa. What I have in mind is kind of a scalping method. In some of my backtests, I used market order parameter with 15 tp and 15 sl. The graph...Ignored
Dislikedexcellent idea
but how ea would identify when a new signal is coming - is it a "straight" or "reverse" signal?Ignored
Dislikedin other words, you mean for buy limits it should be exactly opposite than for buy stops - if market go up, trail it and if it's more then 100 pips move, delete those orders?Ignored
Dislikedwell, actually it doesn't have to identify it. it will always trade reverse or straight according to the selection. it's like trading against the trend which the indicator specifies. the thing is the stoploss of 140pips is too large, and sometimes it hits. when it hits, it takes the profit of at least 7 trades. so, if we decrease this number, it hits more frequently, and when we decrease stoploss to -15 or so almost every 2 trade out of 3 hits the stoploss. what I'm thinking is that if it hits stoploss that frequently, then maybe we should trade...Ignored
Dislikedok, here it is - v4.1 beta with limit orders
for now, if "slow" trailing chosen, limit orders will not be trailed, only with "fast"
it's a testing version, on my IBFX works okIgnored
DislikedIs this Exclusevely for limited Orders only or combination either
Stop or limited?
Thank you, Sasha, will check it out..Ignored
Dislikedyou mean to get a pop up option where user will choose how to interpret a signal - as a trend or a counter trend?Ignored
Dislikedno, it's both but either
if PlaceStopOrder = true it will place Buy/Sell Stop order
if PlaceStopOrder = false it will place Buy/Sell Limit OrderIgnored
Dislikedno, it's both but either
if PlaceStopOrder = true it will place Buy/Sell Stop order
if PlaceStopOrder = false it will place Buy/Sell Limit Order
(sorry for this stupid options choice, but it's the only one available in mql4. also could be digits like PendingOrderOption = 1 as stop and 2 as limit but i think it's harder to remember)Ignored