What are your favorite features of an EA (MT4)?
- #4
- Last Post: Mar 9, 2007 10:17am Mar 9, 2007 10:17am
I had this idea of developing the EA which will have 3 components.
1. Entry management
2. Exit Management
3. Money management.
Entry management will be accomplished by taking buy/sell signals from a custom indicator which will be supplied by the user. This will make it universal.
Exit management will be accomplished by sophisticated sl/tp system that will watch sl and tp and adjust them from time to time.
Money management will allow certain percentage risk of equity on any one trade.
I've done some partial work on last 2 components. But I am too lazy and too busy since it requires a lot of code-testing to make sure everything works as it should.
Maybe one day.
1. Entry management
2. Exit Management
3. Money management.
Entry management will be accomplished by taking buy/sell signals from a custom indicator which will be supplied by the user. This will make it universal.
Exit management will be accomplished by sophisticated sl/tp system that will watch sl and tp and adjust them from time to time.
Money management will allow certain percentage risk of equity on any one trade.
I've done some partial work on last 2 components. But I am too lazy and too busy since it requires a lot of code-testing to make sure everything works as it should.
Maybe one day.