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Experts: RUBBERBANDS_2 EA

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MetaQuotes Software Corp.
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184523
MetaQuotes Software Corp.  

RUBBERBANDS_2 EA:

This EA is an enhanced version of the original RUBBERBANDS EA. Just like the oroginal RUBBERBANDS EA, it works in any timeframe for any currency pair, including gold and silver.

Author: StJojo

nerolink
5
nerolink  

Good one - with a few adjustments this can be a winner

MQL4 Comments
16319
MQL4 Comments  

Very interesting! But "RUBBERBANDS_2 USDJPY,M15: Error opening BUY order : 131" what does it means?

StJojo
30
StJojo  
giaclo:

Very interesting! But "RUBBERBANDS_2 USDJPY,M15: Error opening BUY order : 131" what does it means?

Thank you for your comment. Error 131 indicates that your account does not support 0.02 lots. Check with your dealer about the minimum lot for your account. So called "micro" account may be required.

StJojo
30
StJojo  
nerolink:

Good one - with a few adjustments this can be a winner

Thank you for your kind words. Could you suggest the "adjustments" you have in your mind?

StJojo
30
StJojo  
160960:

301010

Can't decipher..

MQL4 Comments
16319
MQL4 Comments  

Hello, you can tell me what should i set to set the takeprofit a 5 pip?

StJojo
30
StJojo  
henrycol69:

Hello, you can tell me what should i set to set the takeprofit a 5 pip?

hi, henrycol69. If you want to take profit of 5 pips as the session TP, then set "sessionTP" variable to "50" (50 dollars per lot). We can't set "take profit" for each order.

Gordon Gekko
623
Gordon Gekko  

Good, good, but the DD is dangerous.

slacktrader
408
slacktrader  
ggekko:

Good, good, but the DD is dangerous.


Yes, that is very riskfull trading technique, but results looks very impressive. I would give it a try with small amount of money, but when strong and long trend will come ... I think it can drain whole account.

Idea is very interesting...

MQL4 Comments
16319
MQL4 Comments  



navodar wrote:

ggekko:

Good, good, but the DD is dangerous.


Yes, that is very riskfull trading technique, but results looks very impressive. I would give it a try with small amount of money, but when strong and long trend will come ... I think it can drain whole account.

Idea is very interesting...

Can you give me some settings for 1 or 5 min. This tanks faster than the titanic with default setting. Thanks


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