Have anybody constructive remark about reco?
I will be thankful.
Can we use morechoices for point options
Hello.
What exectly do you mean?
Hi VN.
Dont use endless gridding multiplying.
That is sure wipe out.
Instead :
1.pick trade direction from some signal , say ema cross or whatever u implement
2. when trade goes wrong instead of taking full SL possibly hedge your position
sell when holding buy etc.
3. wait till your mentioned in point 1. signal gives opposite signal to
the side that is in profit [remember that in point 2 u are getting second opposite position]
and close profitable position
Hopefully your max DD will be lower.
Post backtest comparsion results!!!! [or i ll do it :)]
PS
use some frequent signaling method ,
say 1h new bar changes color and goes up, wait additional 5 pips - that is your market signal to buy!
İthas 1,10,100 poit options for recovery isnt it.İ mean can it be more flexible like 5,8,11.Can we put there more option
Hi VN.
Dont use endless gridding multiplying.
That is sure wipe out.
Instead :
1.pick trade direction from some signal , say ema cross or whatever u implement
2. when trade goes wrong instead of taking full SL possibly hedge your position
sell when holding buy etc.
3. wait till your mentioned in point 1. signal gives opposite signal to
the side that is in profit [remember that in point 2 u are getting second opposite position]
and close profitable position
Hopefully your max DD will be lower.
Post backtest comparsion results!!!! [or i ll do it :)]
PS
use some frequent signaling method ,
say 1h new bar changes color and goes up, wait additional 5 pips - that is your market signal to buy!
Thnak you. It almost do like this.
But I create code of this system not like independent EA,but like system that can be used in some other EA.
if(Orders_Total==0)
{
//start order
return(1);
}
Here you can set conditions to open order. Now it always opens buy. To open sell write return(-1)
Here you can write your own conditions to open buy or sell.
Hello VN,
concerns RECO
This is a nice and good working ea, very quick in backtesting and optimising.
Could you please ad a "maximum lotsize" function ??
I would be very gratefull to you !
Thanks in advance.
Regards,
Henric
ok.
Remember. If set multiplier 0.8(ex) for distance or lot they will decrease.

- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Reco system:
It is a recovery system implemented in EA. But you can copy it to any other EAs.
Author: Vasyl Nosal