Paul,
I hate to ask you to add a variable to your EA, as there seems to be many such requests being thrown at you, but I do have a simple (I hope) one to suggest. Could you make the number of trades allowed per week, a variable? I'm trying to eliminate the situation wherein price triggers a trade, then reverses, goes the opposite direction and hits SL. In many such cases, price then proceeds past the opposite trigger and on to where TP would have been hit. A loss could be avoided with a tight Break even setting and a second trade being activated. In that case, if the trade reversed, it would be closed by the Break even setting, then a second trade would be opened in the opposite direction when price crossed the trigger. I can see one problem with tight Break even's being, price often retraces, without hitting SL, then continues in the original direction. Accordingly, a second (or even a third) opening could be in either direction. I hope that makes sense?
Thanks and keep up the good work!
I hate to ask you to add a variable to your EA, as there seems to be many such requests being thrown at you, but I do have a simple (I hope) one to suggest. Could you make the number of trades allowed per week, a variable? I'm trying to eliminate the situation wherein price triggers a trade, then reverses, goes the opposite direction and hits SL. In many such cases, price then proceeds past the opposite trigger and on to where TP would have been hit. A loss could be avoided with a tight Break even setting and a second trade being activated. In that case, if the trade reversed, it would be closed by the Break even setting, then a second trade would be opened in the opposite direction when price crossed the trigger. I can see one problem with tight Break even's being, price often retraces, without hitting SL, then continues in the original direction. Accordingly, a second (or even a third) opening could be in either direction. I hope that makes sense?
Thanks and keep up the good work!