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Jan Flodin  

Hi, I am Jan, developer of this Expert Advisor.

Please feel free to ask me anything about this, or any of my other products.

Regards,

Jan

Teapot  

Hello,

Please advise what the Lock (Hedging) feature you mention that needs to be turned off for US brokers. Thank you

Jan Flodin  
Teapot:

Hello,

Please advise what the Lock (Hedging) feature you mention that needs to be turned off for US brokers. Thank you

Hello and thanks for renting my EA :-)

When the lock function is enabled (parameter 'Enable lock order' set to true) an opposite hedge order is opened locking the whole basket so that loss will never increase. From the product description:

  • Enable lock order - Possibility to enable Averaging lock (hedge) order. If this is set to True and the maximal number of grid levels is opened and the price moves another distance points against the basket, the EA will open the lock order which  makes the whole position neutral and removes all take-profits. Hence the loss amount of the time when the lock order was opened will stay the same since the lot sise of the lock order will be the same as the sum of the lots for the already opened orders. After that the EA does nothing and the trader will have to manually deal with the trades.

Please don't hesitate to contact me again with any further questions you might have. I will be glad to assist.

Jan

YIU WAH FOK  

Dear Sir,

I apply your EA in EURUSD but no order to open in 2 weeks. please advise. My broker is FBS 

My sending as follow:

Thanks.

ywfok

Jan Flodin  
ywfokHSF:

Dear Sir,

I apply your EA in EURUSD but no order to open in 2 weeks. please advise. My broker is FBS 

My sending as follow:

Thanks.

ywfok

Hello and thanks for your message.

As explained in the product description the EA never takes the first trade. The first trade is taken manually by you (or another EA you have) according to your own strategy. If the trade goes against you then the EA starts to work.

Jan

Andigho  

Could you tell me what parameter to set if i want the EA to open a new trade if price goes against me every 10 pips? Also, i want the lot size to remain the same as the original one for every new open position.


Thanks

Jan Flodin  
Andigho:

Could you tell me what parameter to set if i want the EA to open a new trade if price goes against me every 10 pips? Also, i want the lot size to remain the same as the original one for every new open position.


Thanks

Hello and thanks for renting my EA :-)

I see that you have also written me a private message. I will answer all of your questions from there in a short while.

Best regards,

Jan

Anton du Plessis  
Hi Jan, I rented the EA today.  I read the instructions very carefully, but I may have misunderstood the functioning.  Do you mind making an example .set file for a a specific pair?  The reason I ask is that I deployed it to save a USDCAD trade, but sadly the EA I created the initial trade with seemed to not leave a magic number and therefore your EA didn't behave as I expected.  It closed my original USDCAD trade at loss, and opened another one immediately.  I don't know if this is expected behaviour.  I realise you recommended using a demo account first, but as I said - I read the instructions very carefully and still didn't get the desired/expected result.
Jan Flodin  
Anton du:
Hi Jan, I rented the EA today.  I read the instructions very carefully, but I may have misunderstood the functioning.  Do you mind making an example .set file for a a specific pair?  The reason I ask is that I deployed it to save a USDCAD trade, but sadly the EA I created the initial trade with seemed to not leave a magic number and therefore your EA didn't behave as I expected.  It closed my original USDCAD trade at loss, and opened another one immediately.  I don't know if this is expected behaviour.  I realise you recommended using a demo account first, but as I said - I read the instructions very carefully and still didn't get the desired/expected result.

Hi,

I will write you a private message in a short while and we will continue from there.

Best regards,

Jan

Arif Rachman Ali  

Hi jan, my averaging method is empty, is that normal?

  1

my setting

2


at the moment there is no op, after that was hit by tp

Thanks

Ahmed Ebrahim Ahmed Almatari  

Dear Sir,

What pairs can be added by the default settings for this product?

I am using a Micro Sent account. Do I have to change anything in the default settings?

Thank U

Jan Flodin  
Spongebob Squarepants:

Dear Sir,

What pairs can be added by the default settings for this product?

I am using a Micro Sent account. Do I have to change anything in the default settings?

Thank U

Hi and thanks for your message. You will be able to use the EA with any pair. Many of the default settings must be changed according to your risk apatite. It is also so that the points values can not generally be used the same. It is really hard for me to give any adquate advice without know how you trade. Personally I use the averaging in some kind of semi mode where I manually adjust the next level where to open an averaging trade, the the next supply/demand zone. For this zone I use this indicator:

https://www.mql5.com/en/market/product/20582

And the most important advice. Never let the EA average based on these zones (or any other indicator  or rules used by you) on smaller time frames than H4.

You will also be able to run the EA in the back tester with different settings. Then you might get some hints of what will work better or worse.

Best regards,

Jan

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