Hello,can everybody tell me,what is the " Decrease Factor" in a EA ?
What means that?
webmanHi. It can be absolutely anything the programmer of the EA intended it to be - but it's obviously to reduce some variable at a certain rate......
decrease factor's algorithm
dear gurus:I am an newbie in MQL4,just find an method of cut positions when lossing, the code as follows:
extern double DecreaseFactor = 10;
if(DecreaseFactor>0)
{
for(int i=orders-1;i>=0;i--)
{
if(OrderSelect(i,SELECT_BY_POS,MODE_HISTORY)==false) { Print("Error in history!"); break; }
if(OrderSymbol()!=Symbol() || OrderType()>OP_SELL) continue;
//----
if(OrderProfit()>0) break;
if(OrderProfit()<0) losses++;
}
if(losses>1) lot=NormalizeDouble(lot-lot*losses/DecreaseFactor,1);
however I use it to backtrack,the results disorient me.
the follow are some trade log:
type order no size price profit balance
buy 1 2.00 1.3345 0.00 50000.00
close 1 2.00 1.3272 -1555.74 48444.26
sell 2 1.90 1.3297 0.00 48444.26
close 2 1.90 1.3361 -1292.00 47152.26
buy 3 1.50 1.3354 0.00 47152.26
close 3 1.50 1.3315 -656.81 46495.45
sell 4 1.30 1.3306 0.00 46495.45
close 4 1.30 1.2956 4436.60 50932.05
the question is :
2 is the default size in my EA,but what the "lot" stands for in the equation 2 or the latest size?
why the order 4's size becomes 1.30?
PLS guru show the arithmetic process TKS!
I moved your post to this thread as I did not find more suitable location sorry.
I am not a coder but look at the following examples with this factor (as mql4 codes example):
https://www.mql5.com/en/forum/173295 (it should be few versions of EA coded on this way)
https://www.mql5.com/en/forum/175560 (as I understand - Phoenix is having this factor too)
and more: https://www.mql5.com/en/forum
besides, this Decrease factor is usually used in some EAs based on breakout - I am not sure about the following links but concerning the Eas which I am forward testing - most of them are having it coded:
https://www.mql5.com/en/forum/general
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Hello,can everybody tell me,what is the " Decrease Factor" in a EA ?
What means that?
webman