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Re-Write the Expert Advisor about the the correct Trademanagement.
The correct Trade settings i send you at email.
It is an Breackout EA with Moneymanagement.
Stop-Loss:
if Long = -20 Pips but max. range(Low)
if Short = -25 Pips but max. range(High)
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Take-Profit:
if Long = +155 Pips
if Short = + 55 Pips
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Trade-management:
Long-TradesIf Long and Breakoutcandle (the Candle who trigger the Long Order) closes less then (range(High) +1 Pips) ->Set new take Profit from +155 Pips to +10Pips
If Long and Breaktoutcandle closes higher then (range(High) +1 Pips) use following Trailing stop System.
1. If OpenPosition + 30 Pips -> Set new Stop-Loss = +15 Pips
2. If OpenPosition + 35 Pips and
a. Candle close < +10 Pips -> Set new Take Profit +10 Pips
b. Candle close > +20 Pips -> Set new Stop-Loss +20 Pips
3. at 13:00 o'clock and
a. if OpenPosition < +10 Pips -> Set Takeprofit +10 Pips
b. if OpenPosition > +10 Pips -> Set Stop-Loss +10 Pips
4. at 17:05 o'clock close all Long Orders
Short-Trades
if Short and Breakoutcandle (the Candle who trigger the short Order) closes less then (range(Low) +1 Pips) ->Set new take Profit from +55 Pips to +5 Pips
If Short and Breaktoutcandle closes higher then (range(Low) +1 Pips) use following Trailing stop System.
1. If OpenPosition + 30 Pips -> Set new Stop-Loss = +15 Pips
2. If OpenPosition + 40 Pips -> Set new Stop-Loss = +25 Pips
3. If OpenPosition + 50 Pips -> Set new Stop-Loss = +35 Pips
4. If Order Open between 10:05 and 11:59
Apply following Settings at 12:00 o Clock
a. if OpenPosition less then 0 Pips -> Set new Take Profit at Entry Price
b. if OpenPosition higher then 0 Pips -> Close Order now
5. If Order Open between 13:00 and 13:29 then
Apply following Settings at 14:00 o Clock
a. if OpenPosition less then 0 Pips -> Set new Take Profit at Entry Price
b. if OpenPosition higher then 0 Pips -> Close Order now
6. at 17:05 o'clock close all Short Orders