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Kyra Nickaline Watson-gordon  
Jacare_ASAS #:

Hi Kyra,

In my LR3 EA, I set the 'Target Profit' with 1.25 points, but the EA closed the positions with Loss (-23,5 - 5,9 + 24,75 = -4,65€).

Can you please explain why?

The points can not be compared with %.

Maybe you want to set the profit to 1.25%. EA can not accept profits based on %.

The input is based on points. so 1.25 is wrong. You can enter 1 point or 2 points or any other value based on points.

Why are they closed by loss? : The reason is slippage. You set very small points for profit. Any small slippages can affect the profit (1point).

Jacare_ASAS  
Kyra Nickaline Watson-gordon #:

The points can not be compared with %.

Maybe you want to set the profit to 1.25%. EA can not accept profits based on %.

The input is based on points. so 1.25 is wrong. You can enter 1 point or 2 points or any other value based on points.

Why are they closed by loss? : The reason is slippage. You set very small points for profit. Any small slippages can affect the profit (1point).

My intention was to input '1.25 points', not '1.25%'.

If 1.25 points is wrong, it means the EA closed the orders based on '1 point' calculation only?

I just see there is a 'big' difference in profit if I use '1 point' or '2 points', and I wanted to use some value in between.

Kyra Nickaline Watson-gordon  
Jacare_ASAS #:

My intention was to input '1.25 points', not '1.25%'.

If 1.25 points is wrong, it means the EA closed the orders based on '1 point' calculation only?

I just see there is a 'big' difference in profit if I use '1 point' or '2 points', and I wanted to use some value in between.

yes. Will use 1 point.

1.25 point is technically impossible.

Jacare_ASAS  

Hi Kyra,

Even if I set the volume as 'Multiply 2.0' at the LR3 for WDOV22 symbol, the LR3 EA doesn't double the volume in the recovery position.

Please, find the attached files.

Dateien:
WDOV22_LR3.png  137 kb
Kyra Nickaline Watson-gordon  
Jacare_ASAS #:

Hi Kyra,

Even if I set the volume as 'Multiply 2.0' at the LR3 for WDOV22 symbol, the LR3 EA doesn't double the volume in the recovery position.

Please, find the attached files.

Please check volume limitations on your trading symbol. (Maximum allowed volume).
Jacare_ASAS  
Kyra Nickaline Watson-gordon #:
Please check volume limitations on your trading symbol. (Maximum allowed volume).

Max. volume on WDOV22: 10000

Jacare_ASAS  
Jacare_ASAS #:

Max. volume on WDOV22: 10000

I found the issue, somehow the 'max. volume of each order' in the LR3 was limited to 10.

I changed it now.

Thank you!

Enrique Villalon  
I really like this tool. It is simple but powerful. Does its job very well. Good job.
Feature suggestion: "Exclude list" for symbols you don't want the tool to manipulate.
Kyra Nickaline Watson-gordon  
Enrique Villalon #:
I really like this tool. It is simple but powerful. Does its job very well. Good job.
Feature suggestion: "Exclude list" for symbols you don't want the tool to manipulate.

Hi, Thanks for your suggestion. I added to the update list.

Jacare_ASAS  

How does this 'TP' and 'SL' mode work?

I set both TP=SL=150 points, but the position closed in profit 250 points and in loss 50 points from recovery start.


Profit: 250 points from recovery start

Loss: 50 points from recovery start


Kyra Nickaline Watson-gordon  
Jacare_ASAS #:

How does this 'TP' and 'SL' mode work?

I set both TP=SL=150 points, but the position closed in profit 250 points and in loss 50 points from recovery start.

Profit: 250 points from recovery start

Loss: 50 points from recovery start

This is not measured from the initial order. The SL/TP calculated based on weighted equivalent price of all orders on the recovery basket (BE price of all).
Jacare_ASAS  
Kyra Nickaline Watson-gordon #:
This is not measured from the initial order. The SL/TP calculated based on weighted equivalent price of all orders on the recovery basket (BE price of all).

Why using 'weighted equivalent price' for this?
If we have many recovery orders and different lots, it will be impossible to make this calculation for every trade.
Make it simpler!!

And in my previous example, the volumes are equivalent (0.1 and 0.2lot) and the distance is the same (150 points) for both orders,

but why TP close at 250 and SL at 50 points?

Can you show your calculation here, please?

Jacare_ASAS  
Jacare_ASAS #:

Why using 'weighted equivalent price' for this?
If we have many recovery orders and different lots, it will be impossible to make this calculation for every trade.
Make it simpler!!

And in my previous example, the volumes are equivalent (0.1 and 0.2lot) and the distance is the same (150 points) for both orders,

but why TP close at 250 and SL at 50 points?

Can you show your calculation here, please?

I have done the calculation myself, but as I said, please make it simpler to fix a TP/SL by points straight forward!!

Kyra Nickaline Watson-gordon  
Jacare_ASAS #:

I have done the calculation myself, but as I said, please make it simpler to fix a TP/SL by points straight forward!!

Individual SL/TP for each order can not be accepted on averaging system. If I do so, the total operation of system will be failed. This is standard feature for averaging systems.

Kyra Nickaline Watson-gordon  
Jacare_ASAS #:

Hi.
Can you please update the LR3 with 'In Loss-Positions Comments' setting?

Thank you!

Ok, I will consider this feature.

Jacare_ASAS  
Kyra Nickaline Watson-gordon #:

Ok, I will consider this feature.

Hello.
Could you please consider updating soon this EA with the setting (In Loss-Positions Comments) requested before? 

Jacare_ASAS  

If I select this option 'All Positions with Magic Number' in the chart of EURUSD,

the EA will work with 'all positions of EURUSD with that magic number' or work with 'all positions on the account with

that magic number'?



Kyra Nickaline Watson-gordon  
Jacare_ASAS #:

If I select this option 'All Positions with Magic Number' in the chart of EURUSD,

the EA will work with 'all positions of EURUSD with that magic number' or work with 'all positions on the account with

that magic number'?

This is "all positions (on any symbol) on the account with that magic number"

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