Recovery Two-Stage Region Setting (CAP ZONE EA) Part 8

13 June 2019, 13:56
Mohammad Ali
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CAP Zone Recovery EA User Guide Part 8

Recovery Two-Stage Region Setting (Input Parameters)



Change the recovery zone region used after a given number of trades. The purpose to avoid ranging market.

This option when enabled will changed the recovery zone region used after a given number of trades. The purpose of this is to force a recovery to finish by reducing the region or increase the region to decrease the lots risk in the event recovery was not achieved yet.

Add Recovery GAP (+/-): 0- Mean Disabled: Set the value of points that want to add/minus from your original RecoveryGAP to make new RecoveryGAP. If you want add new GAP with your previous RecoveryGAP, then set positive value (like: 100). Or if you want minus new GAP with your previous RecoveryGAP, then set negative value (like: -100).


Number Of Order After Change New GAP: Number of trades, after recovery gap is changed.


Max/Min. Recovery GAP: Maximum/Minimum Recovery GAP. If your Add Recovery value is positive value, then this is considering as Maximum value and your Add Recovery value is negative value then this is considering as Minimum value.

Example- Your setting is Fix Recovery GAP=200, Add Recovery GAP=100, Number of Order After change New GAP=3, Max/Min. Recovery GAP = 500.

 

You first trade is BUY then 200 points loss, EA open hedge trade SELL, after open 3 trade then next hedge trade will be open FixRecoverGAP+AddRecoveryGAP (200+100) with new GAP 300 points. Your new FixRecoveryGAP now 300 points. Continuous open every hedge trade with new recovery gap value and after 3 trade  EA repeat above calculation to get new Recovery value (FixRecoverGAP+AddRecoveryGAP) and your new GAP now 300+100= 400. EA continues do this every 3 trades and add value with previous used recovery value. But remember new value will not above Max/Min. Recovery GAP.  



Next Post- Grid & Equity Guardian Setting (CAP ZONE EA) Part 9




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