First I would like to thank GoogleTrader for sharing the EA with all of us. I have a few questions:
1) When the conditions are met to cancel the orders? There is a lot buy limit and sell limit cancelled.
2) The loss orders closed are in the basket of orders, how the EA calculates the close of the loss order?
I wonder why you're running on all pairs at the same time. Like I said, the parameters tested on eurusd. However, it is not a guarantee of safety deposit. Do not you understand that each pair is unique. One more volatile than others. Parameters that works on one pair, absolutely will not work for another. If you don't understand that i said above.. will be better to forget you about forex trading.
In addition, each broker quotes are very different (different spread, different prices...). It is very important moment and settings should be checked and adjusted.
So it basically trades the channel, than it works as long as the price keep bouncing between channel range. When price get out of range the ea will close all trades/orders I guess....
Hi GoogleTrader!
Thanks a lot for sharing!
Could you please also share the basic principles of EA's work. As I understand when price reaches the median line of channel EA put pending orders. Could you also explain how it counts TP level,how and when it closes loosing positions,averaging existing positions. For sure your detailed explanation will prevent a lot of questions in future.
Thanks for your time and have a nice week end!
P.S Friday was the first day of tasting your EA,and with default settings on E/U it brought 42.1 pips profit.Will continue to taste it farther.Thanks!
Success is nothing more than a few simple disciplines, practiced every day.
I wonder why you're running on all pairs at the same time. Like I said, the parameters tested on eurusd. However, it is not a guarantee of safety deposit. Do not you understand that each pair is unique. One more volatile than others. Parameters that works on one pair, absolutely will not work for another. If you don't understand that i said above.. will be better to forget you about forex trading.
Ignored
Now I know, iwill try to attached it to 1 pair (urusd) to see how it works
