not sure if an EA with a SL of 550 and a TP of 50 is really usefull... its like a random EA which can wait a long long time...
have you tried a SL of 50?
and try to find another indicator to confirm the trend?
I have tried this indicator I am very much impressed and thank you for this... I have a request it is taking orders as you mentioned above high 7 and low 5 lines. Can you update this indicator when parameters are changed like (ex: 7 simple open and 5 exponential close) when they intersect (crossover) then only order should be placed if 5 crosses 7 line and candle closing above 5 line then buy order and similarly if 5 line crosses the 7 line downwards and candle closes below 5 line then sell order...
It is just an example I actually mean that if lines cross then only order and wait for the next crossover for the next order.
Kindly do the needful
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Author: Leonid Basis