Hello People,
1. i have to agree with urbanFX to hedge at a certain point the loosing orders at a given level. and to average down the hedge. but it all depents on available margin. with the latest EA 20x50 you have started with 0.5 in the 3rd level 10.5 Lots open plus the opposite 0.5 lot equals 11 Lots. what could help out is for example you are with sell-orders at level 4 you could splitt the sell-orders and partially close them with every winning buy-order and vice versa. if you don't understand cause of bad english, go ahead and ask.
2. i'd like to introduce the 20x50 buy sell EA, which operates like the original 20x50 buy and 20x50 sell EA but needs only one chart. i fusing them together into a single EA. it will use two magicnumbers for every direction. the only different is, i delete the stoch, reverse and limit order stuff. sorry for that. but i put an optionl feature: Opening the first level only if spread is less than the given number in the property-editor of the EA. i don't know if it is bug free, but in the backtester it works perfectly. now you see the equity in the backtester graph.
if you want to use it in the two-chart-way u could use it similar like the original, but you have to set in the EA-property editor at the general tab, 'Only Long' - Positions for the LONG-Chart and 'Only Sell' for the SELL-Chart.
Did i forgot something?
Please ask if you have questions.
Happy pipping.
Der Stratege
P.S.: i use it with AUD/NZD with great success, but set a SL with 350 Pips. i will test the hedge thingy this week. maybe i could put it into the EA if necessary.
1. i have to agree with urbanFX to hedge at a certain point the loosing orders at a given level. and to average down the hedge. but it all depents on available margin. with the latest EA 20x50 you have started with 0.5 in the 3rd level 10.5 Lots open plus the opposite 0.5 lot equals 11 Lots. what could help out is for example you are with sell-orders at level 4 you could splitt the sell-orders and partially close them with every winning buy-order and vice versa. if you don't understand cause of bad english, go ahead and ask.
2. i'd like to introduce the 20x50 buy sell EA, which operates like the original 20x50 buy and 20x50 sell EA but needs only one chart. i fusing them together into a single EA. it will use two magicnumbers for every direction. the only different is, i delete the stoch, reverse and limit order stuff. sorry for that. but i put an optionl feature: Opening the first level only if spread is less than the given number in the property-editor of the EA. i don't know if it is bug free, but in the backtester it works perfectly. now you see the equity in the backtester graph.
if you want to use it in the two-chart-way u could use it similar like the original, but you have to set in the EA-property editor at the general tab, 'Only Long' - Positions for the LONG-Chart and 'Only Sell' for the SELL-Chart.
Did i forgot something?
Please ask if you have questions.
Happy pipping.
Der Stratege
P.S.: i use it with AUD/NZD with great success, but set a SL with 350 Pips. i will test the hedge thingy this week. maybe i could put it into the EA if necessary.
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