Re-Write the Expert Advisor about the the correct Trademanagement.
The correct Trade settings i send you at email.
It is an Breackout EA with Moneymanagement.
Stop-Loss:
if Long = -20 Pips but max. range(Low)
if Short = -25 Pips but max. range(High)
------------------------------------------------------
Take-Profit:
if Long = +155 Pips
if Short = + 55 Pips
------------------------------------------------------
Trade-management:
Long-Trades
If Long and Breakoutcandle (the Candle who trigger the Long
Order) closes less then (range(High) +1 Pips) ->Set new take Profit from
+155 Pips to +10Pips
If Long and Breaktoutcandle closes higher then (range(High)
+1 Pips) use following Trailing stop System.
1.
If OpenPosition + 30 Pips -> Set new Stop-Loss
= +15 Pips
2.
If OpenPosition + 35 Pips and
a.
Candle close < +10 Pips -> Set new Take
Profit +10 Pips
b.
Candle close > +20 Pips -> Set new
Stop-Loss +20 Pips
3. at 13:00 o'clock and
a. if OpenPosition < +10 Pips ->
Set Takeprofit +10 Pips
b. if OpenPosition > +10 Pips ->
Set Stop-Loss +10 Pips
4. at 17:05 o'clock close all Long
Orders
Short-Trades
if Short and Breakoutcandle (the Candle who trigger the
short Order) closes less then (range(Low) +1 Pips) ->Set new take Profit
from +55 Pips to +5 Pips
If Short and Breaktoutcandle closes higher then (range(Low)
+1 Pips) use following Trailing stop System.
1.
If OpenPosition + 30 Pips -> Set new
Stop-Loss = +15 Pips
2.
If OpenPosition + 40 Pips -> Set new
Stop-Loss = +25 Pips
3.
If OpenPosition + 50 Pips -> Set new
Stop-Loss = +35 Pips
4. If Order Open between 10:05 and
11:59
Apply following Settings at 12:00 o Clock
a. if OpenPosition less then 0 Pips
-> Set new Take Profit at Entry Price
b. if OpenPosition higher then 0
Pips -> Close Order now
5. If Order Open between 13:00 and
13:29 then
Apply following Settings at 14:00 o Clock
a. if OpenPosition less then 0 Pips
-> Set new Take Profit at Entry Price
b. if OpenPosition higher then 0
Pips -> Close Order now
6. at 17:05 o'clock close all Short
Orders
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