Hello Adnan,

I thought I understand what "span - pip difference to open consecutive trades by trend tracker" in the settings means. But now I am unsure. Please see the Trade USDJPY in pic.1; he is well over 200 pips in the minus. No other trade has been opened yet. You can see the settings in picture 2, it is the variant "Aggressive With Trailing" from post 382 on page 20.

1. Did everything go right here (so far only one trade)?

2. Can you explain the variable "span - pip difference to open consecutive trades by TrendTracker" in more detail?

3. All right with the settings?

Best regards

Raimund

Hi Raimund, 

Yes you understood variable correctly but 50%. Span-Pip is just to take care for consecutive trades but only when reverse trend is identified by TrendTracker indicator measuring from middle Time Frame. I will explain by example.

1) If initial trade is opened Buy. And market is opposite, Buy Trade is in loss now. Span-PIP defined 50pips.

2) EA will keep monitoring Middle TF for  market to be in Buy favour again to recover losses for initial trade. Once market is away 50pips and Trend Tracker identify  BUY signal. It will open a BUY trade. Does not matter where is market but it must be 50 pips away and trend reversal must be identified. Hope it will help

BR

Adnan 

Thank you! That means with the trade USD JPY in the last picture is all right. Correct?

Yes it is correct, Sour Span Dis Pip is 100 and market is away 100 pips near to 200pips . Once EA will identify sell direction from middle TF it will open Sell with lot multiplier 2 as per input settings.

Thanks again! This was very helpful.

Greetings,

I have a quick question about the paid version of the SAADSCALPER EA. I see in the free version it does not have a SL, neither it initiates the TP and TP once a position is posted; does the paid version has this abilities?

Best regards,

Saad Ouiri

Hi Saad,

Both EAs have SL feature, but it is upto users how to use it. Both have TP but for TP all are internal calculation as EA considers accumulative TP for all open trades. Both EA has same abilities for TP and SL but exit strategy is different for Both.

Hi Adnan,

Thank you for the fast reply! So far, I'm using the free version with an intention to get the paid version. I have the SL set on 100 pip but it does not trigger; is there another feature i have to set beside setting the SL pip value?

Also I just read my initial question and i found it confusing, sorry was sleepy when i posted it. In my initial question, I meant once a position is posted, it does not initiate from the beginning a SL and a TP values. Which makes me assume that the computer needs to be running all the time to have the TP/SL triggered, am'I right?

Best regards,

Hi Sadd ,

Please find your answer above

Hi Adnan,

May I asked what is the setting adjustment required on micro account?

Best Regards,

Andrew

Hi Andrew,

I replied you PM.

Thanks Adnan

Hi guys,

I am new to this EA and just bought it yesterday, Need you advise on what to do with USDJPY, the EA put a short at 110.483 and it's now 111.218, there will be news in a few hours for US, should I just let it run? Or manually close it for now?

Thanks a million

Andrew

In addition, do you guys continue your trade when there is "Red" news like today?

Hello Adnan,

is it possible to make two small extensions?

1. Display the Magic in the chart as in the SaadScalper.

2. A freely writable commentary field in the variables to be able to expand the current text with own data. This is useful when, e.g. try different settings on demo.

Yeah don't worry about it. It will notice the news spike / trend and act accordingly.
It's an automated EA not something you have to stare at 24/5 and worry like crazy, seems most people do. :P

If you have at least 500$ with 0.01 lot size on the pairs of Adnan's live signal you are all set. If you have some more balance great, chances of you getting a closeout are even less. And since the EA tends to sync up between long term users if you go down we all go down, so we can cry together. :)

Henry de Jongh
Software Developer
https://00laboratories.com/ • MT4 Trading Signal

Henry de Jongh
Software Developer
https://00laboratories.com/ • MT4 Trading Signal

Thanks Henry, this answered some questions :D