Hi there. I just bought it and wonder what's the best way to use this based on your design? Thanks. 

Hello.

I use this utility as an addition to the trend strategy. That is, I open orders on the timeframe 1H. In the event of deviations, the program opens additional orders, by which I close the position in profit. So, as the program is a grid, it is advisable not to use large volumes of Lots at the beginning of the work with utility. You can test any stranegy in Terminal's strategy tester with "Vizualization" mode. Buttons are work in tester.

In principle, I consider it a successful addition to any indicator strategy, scalping or trend.

In the nearest update, an additional filter will be added, which will make the order grid more secure.

Best Regards.

Can you tell me roughly what's a good StopOutValue based on your equity or strategy? Just some reference would be good. For example: If I have $1000, what would be a good stop out number?

I think if your risk strategy is 5% good StopOut will be 50$ if 10% - 100$. If deposit is 1000$. Its individual choice, I dont use that function, I use lot of small deposits with aggressive scalping.

Best Regards.

hey,

i use this to assist with my own ea that i have created, is there any way that it can be used to only operate in semi auto mode? as in it doesn't open any of its own trades and only sets the grid off an initial trade opened by another ea with the same magic number.

Hello,

it work only in semi-auto mode. Its only open grid if user open orders from it own panel, or manual open order(if Magic == 0), or orders from another ea with same magic number.

If you need any function to add in that utility, please write a PM and I will add it.(If it will be useful for another users)

Hi, just want to make sure, if I have an internet interruption or MT4 crash,
will the EA automatically re-manage the open trades again when internet comes back or MT4 is running again?

Hello,

Nope, orders will be opened only by signal, but before checking conditions, the program checks for current orders, their losses and opening prices.

Thanks for the reply.
Just want to make 100% sure...
For example:
I opened a position with EA 30min ago.
15min ago my MT4 crashed.
Thereafter I reopen MT4 with the same chart with EA.
Will the EA continue to manage this position?

When OrdertMagicNumber complies with open orders with the Magic Advisor - yes, when you will open your terminal again and if smile is happy(autotrading is enable in mt4 terminal)

Excellent, thanks!
Just wanted to make sure it will keep managing the EA opened orders after disruption :)

Hello,

Advisor works with those orders that have the same MagicNumber. He should not try to close orders from other advisers.

Best Regards

Quick question -- which input effects when a recovery trade is opened?

Thanks! great work

Hello, its already fixed

I see the new version now, thanks

hello! This is a great EA, thanks!

if i use magic number = 0 , will the EA pick my manual orders from my phone??