{quote} Ronald , can you modify your EA and put in the setting a take profit when couple of pairs reach it ? I attach the last version of your EA{file}
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Yes, of course, because your setting is better than mine. I'll put the "Close All at Profit" feature. However, in the future I will improve the way you close the orders.
{quote} thanks Ronald but we need close only the couple of pairs in profit with the same magic number
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Currently, if you use the EA for several couple of pairs all have the same magicnumber. I just change for each EA instance has a different magicnumber.
{quote} Currently, if you use the EA for several couple of pairs all have the same magicnumber. I just change for each EA instance has a different magicnumber. I will so add the variable TP
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Yes Ronald you are right. I put yet a different magic number for every couple of pairs. The problem will be if the same couple of pairs are opened more than once because the various levels are triggered ; we will have 3 trades opened for example, USDJPY/USDCAD, and the last is in in profit and the first two are in loss
Then we need for each EA instance a different magic number
{quote} Yes Ronald you are right. I put yet a different magic number for every couple of pairs. The problem will be if the same couple of pairs are opened more than once because the various levels are triggered ; we will have 3 trades opened for example, USDJPY/USDCAD, and the last is in in profit and the first two are in loss Then we need for each EA instance a different magic number
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I believe this is not the best strategy.
For example, the Zscore Indicator is at 2.5, thereat a new trade starts. If the markets are against us and the Zscore Indicator reaches 3.1 another trade starts. It can happen the first trade take long or never stay positive, but the whole be positive. In this case the best would be to close all orders, in my opinion.
{quote} I believe this is not the best strategy. For example, the Zscore Indicator is at 2.5, thereat a new trade starts. If the markets are against us and the Zscore Indicator reaches 3.1 another trade starts. It can happen the first trade take long or never stay positive, but the whole be positive. In this case the best would be to close all orders, in my opinion. Nevertheless, I make as you want.
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yes they are 2 solutions and we must test the two
1 - close the basket of the same coupled pairs if in profit
2 - close the single couple of pairs in profit
If there is a big DD the basket of the same coupled pairs can never close in profit
{quote} yes they are 2 solutions and we must test the two 1 - close the basket of the same coupled pairs if in profit 2 - close the single couple of pairs in profit If there is a big DD the basket of the same coupled pairs can never close in profit
{quote} Your EA is amazing, 40 couples of pairs ! MultiLion, could you explain the fields of above table ?
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MN = automatic Magic Number,
TVk = TickValue 1.pair / TickValue 2.pair,
C% = Correlation of pairs,
Spr = actual SUM spreads of pairs,
Zs_min, Zs_max, Zs_now = MIN, MAX and actual level of Zscore.
Hedge and Correlation Strategy
