I think this was the right place to comment, this is the operation that I commented on before, I understand that it should have opened at least one operation, right?

Hi Max

In the above example if you enter at 100 level the 2nd order would be at 300 level and after that, both SLs would be set at 200 level (Break even).

The distance for the next orders decreases as the number of orders and overall volume increases.

Now I understand, thanks :) !!

Dear Amir, an error message appeared and the EA did not open any more orders, it seems that there is some error in the percentage of profits and the RR, Greetings!

Error #4107 It seems that after the first order EA no longer manages to place more

Hi Max

The broker server rejected the order because of negative Take Profit price. The target distance in the panel shows 2499000 points for target distance! How did it become so big? I see that the TP for first 2 orders is set at regular distance. Do you have other tools or EAs running at the same time?

I tested the tool in a similar setup (EURUSD M1 Sell) but the process worked without error.

Hi Marcin

The only difference between the demo and paid version is the starting lot. The lot size of the first order is locked at 0.01 (or the minimum allowed lot size) but in the paid version you can set any lot size.
The instrument you choose depends on your trading style but generally stable instruments that have less noise (like EURUSD or USDJPY pair) when they have high momentum (like USDJPY in the last 12 months) are the best. Currently, I check the USDJPY H1 for consolidation breakout trades most of the time.

Regards

Thank you for your answer. It would be nice if the scribe took into account the size of the broker's commission. Because when it closes on BE, the transaction is generally minus the amount of the commission.

But generally I go for people who know how to make money on the market.

In the next version, I will add the option to set commission in the settings.

Thanks for the suggestion.

Hi zofesu

The user only opens the first trade with the panel (with initial SL and "final" target). Additional orders (2nd order to the last) will be opened and managed automatically.

You open the first order. When your trade goes into profit RM opens a new trade with the profit of the first trade and moves the stop loss of both orders to breakeven point. Now you have 2 open orders with zero risk. When price goes further towards the target profit increases to the amount required to open a new order. New order opens and again the stop loss of trades moves to breakeven point. This  happens again and again until price hits the target.

I hope that clarifies the process. For more info check out the guide blog here.

Regards

Hi zbita

Version 2.0 is out. Option to set trade commission for the profit/loss estimation calculations added to the tool.

Regards

You're welcome. Thank you for your positive review.

its showing me error

why isthat?

Hi Sol Kahila

What is the error message?