DislikedInstalled V12.0 last night and had a question about the exit method.
Settings:
Exit-2
Partial close-50
MM-1
Risk 3%
Ea opened a Long Trade on GU at 8:00 GMt... The ATR was 71.
Price went up 100 Pips but the EA did not do a Partial Close.
What Happened?
Lots entered was .21
When the order is place.. The terminal shows a Stop/Loss but not a Take Profit Level... Should a T/P be showing?
LufkindogIgnored
I just answered the same sort of question from FXwest in details - see the previous post 621.
In short: no TP should be set as you go for trailing stop which would get you out of the markets eventually. The partial close and the follow up trailing logic is applied once per every new bar - this is my understanding of Mister ED's strategy.
Longbar