Spread 0.9... Let's see if it remains 0.9...
Big players and Forex 4 replies
DislikedI was on vacations, i'm back now that the spreads look a little better. I'm sitting on some epic looking trade today, from the London openIgnored
I've just made some amendments based on requests I received in pm.
Yet to test it so run it on demo to see if it works according to your liking before trading it live.
I'm already forward testing this on my live account.
In this version, the stop loss price will start moving towards the Entry price pip by pip according to the move. And not wait for a defined number of pip movement before jumping to breakeven.
This version should be able to help bring drawdown to a minimum for MT4 users. especially since most MT4 brokers restrict...Ignored
DislikedWas wondering if you finished your pip restore strategy? Can you give us a general strategy? Are you doing any trading?Ignored
DislikedRecovered (lost from last week) a few pips on New York open today. So far after a week and a half been able to keep account above BE waiting for epic win. Still looking for a programmer who can alter the code to allow for broker (MB Trading) commissions. As is now it moves to BE pip by pip but you still end up paying the commission at BE. Here's the EA found in this thread - http://cdn.forexfactory.com/images/attach/mq4.gif CBBP_EA_v2-0.mq4Ignored
DislikedSorry for being lazy and not looking back over the forum but is there any instructions for this EA?Ignored
DislikedI've received PMs asking what's the difference since they're always set the same.
The answer is in the question itself. you can set them differently. It'll just alter the way the BE mechanism will work.
e.g. you can set StopLoss to 5 pips and set Breakeven_Pips to 8 pips.
This means price will have to first move more than 3 pips (8 minus 5) in your favor before you start seeing the stoploss level moving towards your breakeven level pip by pip.
In other words, the Breakeven_Pips sets the distance which the EA will maintain at maximum between...Ignored