interesting EA - need check and possible help - page 2

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brekeke:

So imagine that EURUSD cannot break through a 15-21 pip range in either direction... It's absolutely not possible due to the nature of the pair.

quite dangerous to develope a system based und such a unproofed point. even if it never happend in the past (not checked) what happens to your account if it happens?

 
zzuegg:

quite dangerous to develope a system based und such a unproofed point. even if it never happend in the past (not checked) what happens to your account if it happens?


hi there,

nothing because after the 6-7. step, you only hedge the previous position, meaning, your margin will remain (nature of hedging) and your profit will also come. please calculate if any doubts.

 

ok lets calculate this, with a spread of 1.6 (my logger logged also 10.5 even on not news time on alpari.uk)

BUY @ 1.30000 LOT 0.1 TP=1.30050 DBarrier=1.29950 TP2=1.29900

CASE 1: TP1 HIT: 
--WIN=(50)*LOT=0.5PIPS/FULL LOT;
CASE 2: DBarrier HIT:
--OPEN SELL @ 1.29950 LOT 0.2 TP1=1.29900 DBarrier=1.30000 TP2=1.30050
CASE 2.1: TP1 HIT:
---WIN=(-100)*0.1+(50*0.2)=0 PIPS/LOT
So i hope i got your calculation right... but there is a BIG BIG BIG but in this calculations... Spread is not includet. so of the result you have to subtract (1.6*LOTSIZE) and now your System seems doomed to fail
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