this was exactly i was looking for ,thanks for making this EA,im wondering if there is tp and sl,so if tp is hit,sl of all other trades also close.if there is an option for breakeven? i have watched your video but please if u can answer this,thanks

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Dislikedthis was exactly i was looking for ,thanks for making this EA,im wondering if there is tp and sl,so if tp is hit,sl of all other trades also close.if there is an option for breakeven? i have watched your video but please if u can answer this,thanks {image}Ignored
Disliked{quote} Thank you. Yes there is a break-even option. Use the input settings below. This only applies if the recovery mode has been activated. {image}Ignored
DislikedHi, Is there anyway this EA can be used alongside another EA that is used to place initial trade? Kind Regards TIgnored
Disliked{quote} This is also something I am trying to do, use the trading system with my own entries. this would be great combined with my own strategy and avoid using a tight stoploss @zoheb01 will the updated version allow us to use this as a recovery EA for trades opened by other EA's/systems?Ignored
DislikedHi Zoheb, I have been using this EA on Demo and I think it will work better if we include the entry based on bollinger band. Just say buy entry is done when close below lower band and TP is the middle band which means zone recovery is the same size between the middle band and the lower band. For sell entry is just the opposite. How do you think as I see the drawdown will not pass 10% in this case? Cheers!Ignored
Disliked{quote} Thanks for this - interesting strategy. Have you tried in manual mode?Ignored
DislikedHey Zoheb. I've been testing this EA on a standard and micro account using an increase factor of 1.8. Using an initial 0.01 lot on the std, it places the trades perfectly upon each turn (namely 0.01,0.02, 0.03, 0.06, 0.11 etc) . The EA seems to round off to the nearest lot size. Works perfectly. Using the micro account at an initial 1 lot( which equates to a 0.01 std lot ) I get 2 turns (1, 1.8 .....) Upon execution of the 2nd turn I receive an error (Open Buy Stop Order: Error 131 - invalid trade volume) Thereafter the EA ceased to function. So...Ignored
DislikedHI Am I just asking why there is no fixed Takeprofit? And why the Profit target adds trade cost and spread I want to use a fixed tp let's of 10 pips, what the target keep adds pips and be like 15 or 20 pips more the initial tp Is there a way to have one?Ignored
DislikedAs far as I understand the advantage of this ea is it tries to recover losses instead of hitting a stop loss. In other words it really doesn't matter what entry set up I use. Coin flip works. People will argue against this, probability of a set up etc but at the moment a trade is triggered it's 50:50 (unless one knows the future) The ea will increase lot size every new round based on what the operator decides is acceptable risk. Eventually the trade should end positive after an x number of "rounds" I tested this ea now for a couple of weeks on 5...Ignored
Disliked{quote} I can add an input to remove the trade costs from the profit calculation, but be warned these costs could be quite large if you have turned of 4+ trades in the system...Ignored
Disliked{quote} Can you actually trade 1.8 lots with your micro account, my understanding of mt4 is that it won't allow anything less that 0.01 increments, meaning 0.018 would be invalid?Ignored
Disliked{quote} Can you actually trade 1.8 lots with your micro account, my understanding of mt4 is that it won't allow anything less that 0.01 increments, meaning 0.018 would be invalid?Ignored