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Vola-Manager, RecoveryMode  and error message

Vola Manager

If an order is more as 40 Pips in minus – (pips can be changed)

and

if in a time period from the last 15 Minutes (minutes can be changed), the pips change 20 pips (can be changed) in the right direction .

On this order TP and SL should be changed  

To a fix SL and a fix TP

                po to TP PipsProfitExit=25

– but the TP and SL will only change if in the definite last 20 minutes there is a pips change from more than 20 pips in plus.

Fix TP and SL – active or not activ

TP= from the entry price 10 pips – can be changed

SL= is from the entry price 50 pips – can be changed

Example:

Price is 1.20000 long

Price goes 70 pips in minus – 1,19930 – Vola – Manager is now active

Vola manger checks if in a time period from the last 15 minutes the price goes in this time range of defined 15 minutes – 20 pips in the positive direction.

Than TP and SL should be changed or TP PipsProfitExit=25 should be used

PipsProfitExit=25 – changed with periods

RecoveryMode

This function should be open a new position (XX% of the original order) in the same direction if Xpips minus are reached. The function should not work if already are X orders are open.  The order should be closed under the conditions of Order Exit.

Functions parameter:

RecoveryMode  – aktiv or inactive

MaxOrdersTerminal – do not open a order under conditions of RecoveryMode  if already for example 4 orders in Metatrader Trading Platform active

PipsMinus – how many pips should be a order in Minus when RecoveryMode opens a position

PercentOpen – how many % from the original order should be opened market

Repeat – maximal Repeats to open a RecoveryMode order for the original Order – 1 means only open one Revers Order for the original order. 2 means open two times a Revers order for the original order after the first order is closed.  Please not the second order will be only opened when the first order is closed under the normal conditions of RecoveryMode .

SL – place SL when opening the order by xx pips

Hedge:

This funktion should be activ or not activ and should hedge under criterias (only if an order is XX hours open and if the order was XX pips in minus) with a new order with xx persentig of the original order. SL should be choosen and TP should be the TP from order exit or can be choosen as fix xx pips.

Functions parameter:

Hedge activ or inactiv

Orignal Order: are XX hours open only if the order is XX hours open Hedge funktion is activ

Pips-minus - The order was already in the hole period XX pips in minus for exmaple 60 pips minus

Pips-minus-open- if the order is reaching higher XX pips in minus a Hedge order should be opend - for example if the order was allready 60 pips minus und is reaching now 20 pips minus - only if 20 pips or lower is reached the hedge with XX% of the orignal order should be opend.

%Open - XX percentig of the orignal order are opend as a hedge

SL - SL can be choosen

TP - is TP PipsProfitExit=25 or a fix TP which can be choosen

Repeet - X Times - after Hedge position is cloased with TP and the orignal order is still open - there should be placed already a new pending order with SL and if choosen with Fix TP or with standard TP from Order Exit PipsProfitExit=25