Disliked{quote} Until I do that, maybe you'll check if my (BE)formula is mathematically correct. If so, you can trade fairly risk-free with good trend strategies.Ignored
BE formula you have mentioned is same as to what Voldermar said in his video.
BE = [(P1 * B1) + (P2 * B1) + (P3 * B1) - (P1 * S1)] / (B1 + B1 + B1 - S1)
This formula gives us the breakeven or makes total 0.
1. what you are suggesting is we open 1 buy & 1 sell.
2. If the price moves in BUY direction, we build the grid on buy direction and move the TP (for all BUY orders)/ SL(for the sell order) to Breakeven price/ AweragePrice (Voldermar)
3. If price moves up 5 levels on grid, we close all orders. - 5 BUY orders + 1 Sell Order. - Grid (Network Orders) makes Profit
4. And if price moves down, All order close at break even.
This would work, we building on trend direction, and rest we closing on break even - or small loss.
I was saying the same on BUY & SELL alternative. But you have made it easier for all to understand.
Lets try these 4 steps into code and test the EA. As we have AweragePrice/Breakeven Price Calculation
note: Average is spelt Awerage to match what is being used in the code by Voldermar.
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