Disliked{quote} Bubincka, These are 7 tips. Almost all of them can be converted into some kind of logic that the EA can check before placing a trade. In your experience with the trades you placed, which of these did you find a bit challenging as in which required some discretion/bit hesistation before pulling the trigger? """" TIPS 1 : when price comes near the trend indicator,it will get back in area ,so when an entry signal appear but candles are out of the trend indicator,trade carefully . this tips makes you less SL and better exit of trade . TIPS 2...Ignored
I think TIPS3 is the most subjective and requires discretionary opinion to define when "the trend is too strong...", while visually it can be immediate, programatically probably is not so easy.
TIPS 4 could be a useless complication, at least for a basic release, I never used it.
Again TIPS 7 can be challenging to put in mql4/5 because of the definition of "price is near to your tp".
I basically traded it the simple way, let's say for a buy trade of 1 lot then,
order #1: 0.6 lots with TP1 = DR1, SL = DS1
order #2: 0.4 lots with TP2 = DR2, SL = DS1
Upon the open I also set for order #2 a trailing equal to the distance in pips between the open and TP1.
Porta itineris dicitur longissima esse
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