Experts: Urdala_Trol
The trade sizes keep growing. When is there a reset back to the beginning? Are we supposed to manually close all?
M
moneyfoundbymichael:
The trade sizes keep growing. When is there a reset back to the beginning? Are we supposed to manually close all?
M
Thanks for this EA
Although it is working as described but it is not for all instruments
The trailing was excellent for energy symbols but not for forex ..I couldn't initiate the trailing with this EA even when the profit more than 300 pips
Please explain
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Urdala_Trol:
The EA performs initial opening in both directions. Then it tries to pull the remaining side into profit.
Working Strategy
If there are no open positions (opened by the EA), two oppositely directed positions with the "Lots" initial lot are opened with a stop loss equal to "Stop Loss", while take profit is not used. Stop loss moves using trailing ("Trailing Stop" and "Trailing Step" parameters are applied).
Trailing
Position's first modification reliably moves a stop loss to a breakeven or even a small profit. The subsequent modifications of Stop Loss increase the guaranteed profit.
Author: Vladimir Karputov