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Improvement on the basic EA

MQL5 Indicators Experts Trading robot/indicator debugging Strategy optimization Forex

Job finished

Execution time 11 days

Specification

The existing EA will BUY & SELL forex pairs at the same time if there is no position at the current Market price. It will also close profitable positions (THE TAKE PROFIT VALUE is set by user).

But this method will leave a lot of BAD trades in the opposite direction.


In order to improve the situation, the developer need to provide codings so that when the overall profit (must equal or greater than the above TAKE PROFIT VALUE) is greater than (the total amount of outstanding BAD trades loss, the EA will close all open positions. And then reinitialize the EA to start over and trade again.



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