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understood.
The spread difference would be done in the EA and not in the indicator for this setup.
This would be the setting if your broker spread is 3 pips.
BuyStop_StepActive = 3;
BuyStop_StepPrepare = 3;
-or-
This would be the setting if your broker spread is 4 pips.
BuyStop_StepActive = 4;
BuyStop_StepPrepare = 2;
-or-
This would be the setting if your broker spread is 5 pips.
BuyStop_StepActive = 5;
BuyStop_StepPrepare = 1;
I have only setup the "stop" orders. want to see what this does first before adding "limit " orders. I will think through the logic based on your comments and see what makes since for a "limit" configuration.
My Daily trading result Friday 8 JUN 2007
SELL STOP GBP/USD at(A)1.9801
take profit 1.9781
stoploss 1.9831
CLOSE 0 pips ORDER NOT TOUCHED till
5 pm GMT
CLOSE 0 pips ORDER NOT TOUCHED
Today I started testing the EA on the following currencies:
GBPUSD
EURUSD
USDCHF
USDJPY
EURJPY
CLOSE PROFIT +20pips
My Daily trading result Monday 11 JUN 2007
SELL STOP GBP/USD at(A)1.9677
take profit 1.9657
stoploss 1.9707
CLOSE PROFIT +20pip at
7.35 am GMT
My Daily trading result Tuesday 12 JUN 2007
BUY STOP GBP/USD at(A)1.9701
take profit 1.9721
stoploss 1.9671
CLOSE PROFIT +20pip at
10.45 am GMT
Daily result Tuesday 5 JUNE 2007
BUY STOP GBP/USD at(A)1.9909
take profit 1.9929
stoploss 1.9879
CLOSE 0 pips ORDER NOT TOUCHED untill 5.00 pm GMT
My Daily trading result Tuesday 12 JUN 2007
BUY STOP GBP/USD at(A)1.9701
take profit 1.9721
stoploss 1.9671
CLOSE PROFIT +20pip atThis is a great system.
I've been trading it for a couple of weeks.
I appreciate the fact that you are totally honest in stating your losses as well as your wins. You don't try to hide anything.
Trade not taken...?
proverbs,
Please see attached pics from Tues AM, June 12.
This long trade was not taken, trading hours were correct.
Yesterday (Monday) 4 short trades were taken having repeatedly crossed the first Sell trigger.
1) Cannot determine why long not taken
2) Should multiple trades be taken according to original rules?
If not, can multiple trades be prohibited somehow?
Thanks.
WNW,
I noticed that too. I had three trades acros three currencys that did not trigger. I will look into this and let everyone know my findings.
Also the only way to reduce the number of reorders on repeat crosses is to maybe reduce the window we will allow the trades to occur in the EA.
Maybe only alow from 6GMT to 11GMT. something like that will need back testing or live demo to adjust for the correct range.
This will take some time to fine tune for each pair we decide to use.