The strategy behin this BUYBUYBUY_MT4_Ron_V01 ?

[Deleted] 2007.04.24 08:32

Hello,

1. What is the strategy (the idea) behind this EA ? It just open a buy order if there is no opened order.

if(total < 1){

...

ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,SL,TP,TradeComment,MagicNumber,0,White);

...

It doesn't use any indicator. Strange !!

Then, it use a TrailingStop loop: for(cnt=total-1; cnt>=0; cnt--)

So, what is the strategy?

2. Could you test it (using the Tester in MT4) ? I did it.

Why (as most EA) it failed using model "Every Tick" and it perform using the model "Control Points" ?

Thanks.

Files:

buybuybuy_mt4_ron_v01.mq4 5 kb

ryanklefas 2007.05.13 14:08 #1

There is no real logic to it. It just sends out Buy orders if none exist.

kancil 2007.05.15 05:46 #2

i dont understand, what u mean

ryanklefas 2007.05.17 11:22 #3

jkancil:
i dont understand, what u mean

There really is no other way to say it: It BUYS, period.