DislikedIt means that if the range is more than 80 no trade will be entered.Ignored
Thanks,
Regards,
BK
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DislikedIt means that if the range is more than 80 no trade will be entered.Ignored
DislikedRemember that by doubling up your lots you expose yourself to double the total loss of 6+ consecutive stop outs or 600 total pips vs 300 trading one lot. So the max. number of losses stay the same but not the total loss.Ignored
DislikedNo, on the parameters we are discussing, there is only one maximum loss per day because after the first stop is hit, no further trades are made that day - if you take either a 50 or a 55 pip stop loss you quit trading for the day
that is why you can trade double the lots without increasing your total exposure for the dayIgnored
Dislikedso mate you mean that the high and low between 21 gmt and 5 gmt for example should be 160.80 and low should not be less that 160.00 for a trade? Please tell me if i am correct???.
Thanks,
Regards,
BKIgnored
DislikedProgram will help to determine time for entries for all time zones
RegardsIgnored
DislikedHi
Do you install on your computer, and will it mess up the computer clock?
use MT4
Thanks
ZeeIgnored
DislikedWant to say thanks for this thread, I did read all 114 pages.
Have one question thou,
From what i read the EA takes into account the spread? Why? Wouldn't that turn this into a 100+ pips TP, instead of what is posted in post 1, which is TP 100.
Shouldn't the EA place the orders just like the high and low?
Example, price is 228.50 high, 225.50 low so on the buy it would actually trigger when the bid price hits 228.42 (my broker is 8) sl would be 228.00, tp 229.50.
sell would be 225.50, sl 226.00, tp 224.50.
that is what the orders should be placed as per the 1st post, forget the broker spread in the execution of the order, so your true sl would only be 42 as the broker spread should be counted there, which is where it should be included.
That is my understanding of the rules, and in my logic that is how the EA should be placing the orders?
Thanks for taking your time to design the EA, that is greatly appreciated by all of us here?
Except the ones that don't take the time to read the whole thread?Ignored
Dislikedim not sure whether this has been answered.
does anyone have a mt4 indicator which plots (automatically ) 2 horizontal lines as soon as high/low values are confirmed by this method.
thanks
ferIgnored
DislikedGBP/JPY
The range in the hi-low so narrow, buy and sell triggerd. The range last nightwas less than 50. Should have waited.
The long and short in a losing position. waiting for the breakout
Ignored