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Matrizebiz,
Here is the system in a nut shell. https://www.mql5.com/en/forum/178793/page2
I am currently using the EA that Omelette has posted here in thread. It is a modified version of the original in regards to the money management. Let me know if you have any questions after reviewing the information.
Thanks for your support,
Lcfxtrader
Is anyone else testing the EA having the same problem with position sizes not being correct after a loss is incured?
nice statement!
Yes, having problems with EA even though this has HUGE potential
Yesterday, opened six trades 0.1 each, only two closed in loss EUR/USD & USD/CHF
Today not one order opened (I have ten pairs loaded) I even have the min daily range set to 10 andf still nothing.
When I forced the start time to a later time they opened however my two losses did not open 0.2 as they should, one opened at 0.5 the other 0.7
Can someone please look into this? backtesting the lot routine works perfectly
ICFXtrader have you tried sorting your account history (need to show all history) from newest to oldest (bottom to top)?
Only that I tried this and now it seems to work, it reads from the bottom and reads up until it finds the pair and looks for win or loss than does the calculation
I did a test then (on my live account) and closed a EUR/USD at a small loss (12 cents) on purposed then used the start time in the EA to open a new trade and the EUR opened a 0.2!!!
anyway, I've forced another 10 pairs and will update this forum on how I go
ICFXtrader have you tried sorting your account history (need to show all history) from newest to oldest (bottom to top)?
Only that I tried this and now it seems to work, it reads from the bottom and reads up until it finds the pair and looks for win or loss than does the calculation
I did a test then (on my live account) and closed a EUR/USD at a small loss (12 cents) on purposed then used the start time in the EA to open a new trade and the EUR opened a 0.2!!!
anyway, I've forced another 10 pairs and will update this forum on how I goThanks for the tip. I will give it a try this evening.
no, only works sometimes
I wish someone could fix this EA
I will have to trade this idea manually for the time being
If someone would like to take a shot at the mod I suggested in post #60 I think this EA would be killer.
wnw, why not just run a closed trades on all pairs ea after profit is reached..
I would think that would be easier. ...just a thought.
Also, just scanning the ea.. the lot sizing could be hard as there are lot of possibilies on erroring out.
this is a neat system compared to the normal martingale train wrecks.
Won't work
The reason this will not work is you can't automate it.
If the CloseAll EA closes out your position and you are not present to update the balance, the SDS EA will simply keep opening and closing trades because the CloseAll EA is telling it to close at the PRESENT balance level.