Thank you for offering this EA as a free download.
I have some suggestions to improve it.
Firstly, on backtesting, the EA appears to perform well.
However, when running on a demo account with XAUUSD, the EA creates a lot of BuyStop and SellStop orders.
I expect this is likely to cause hyperactivity warnings from my broker account.
Can these be reduced, either by code revision or user input?
Secondly, the EA opens multiple trades concurrently.
This can quickly increase the margin used.
Can a limit be placed on the maximum number of open trades? (is this the reason for Time Step in the Inputs?)
Thank you.
There is an autolot to automatically enable; I just don't know which setting. Today when I used the MT5 version, I initially set it up to 0.01 lot, but it ended up trading/opening 3.39 lots, which is a very significant size lot. I made a good profit, though it was kind of scary.
Risk Manager= 2; Calculation of the lot from the balance using the formula "Balance * Risk Manager / 10000"
StopLoss= 150; Stop loss in points
TakeProfit= 200; Take profit in points
Trailingstopmode = 0; TP control during trailing: 0- TP remains unchanged, 1- TP moves with the stop, 2- TP is deleted after the trailing is activated
Point Step= 25 and Time Step= 7; Example for Buy, If the price rises by a "Point Step" during the "Time Step", a pending BuyStop order is placed, if this order is not executed after the "Time Step", it is deleted.
Order Comment = "Alpha Price MT4"; Comment on orders
In backtest on XAUUSD M15 spread 28, the ea works very well. So, I tried to test it on live account but today the ea realized more loss than win. What could be my mistake? Have I to change some parameters?
Hi,
Thank you for offering this EA as a free download.
I have some suggestions to improve it.
Firstly, on back testing the EA appears to perform well.
However when running on a demo account with XAUUSD the EA creates a lot of BuyStop and SellStop orders.
I expect this is likely to cause Hyperactivity warnings from my broker account.
Can these be reduced, either by code revision or user input.
Secondly, the EA opens multiple trades concurrently.
This can quickly in crease the margin used.
Can a limit be placed on the maximum number of open trades? (is this the reason for Time Step in the Inputs?)
Thank you.
Hi,
Thank you for offering this EA as a free download.
I have some suggestions to improve it.
Firstly, on backtesting, the EA appears to perform well.
However, when running on a demo account with XAUUSD, the EA creates a lot of BuyStop and SellStop orders.
I expect this is likely to cause hyperactivity warnings from my broker account.
Can these be reduced, either by code revision or user input?
Secondly, the EA opens multiple trades concurrently.
This can quickly increase the margin used.
Can a limit be placed on the maximum number of open trades? (is this the reason for Time Step in the Inputs?)
Thank you.
There is an autolot to automatically enable; I just don't know which setting. Today when I used the MT5 version, I initially set it up to 0.01 lot, but it ended up trading/opening 3.39 lots, which is a very significant size lot. I made a good profit, though it was kind of scary.
Здравствуйте. Подскажите, пожалуйста, что за параметр "шаг времени"?