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Cazz223  

Hi

Interesting EA!

Would you please explain a bit on the following setting? What are they for and how to play around with them?

Thank you very much.

Alexander Chertnik  
Cazz223 #:

Hi

Interesting EA!

Would you please explain a bit on the following setting? What are they for and how to play around with them?

Thank you very much.

Hi. the rangeLoop is the amount of candles calculated back for most highest to lowest distance in points. 1 point = 10 pips.

it is basically the size of the range on the chart and it is for TP and SL calculations. 

for example : if the range of the highest to lowest 2000 points so,

TP 0.3 multiply by 2000 is 600 points for take profit distance from entering point.

try differenr TP-SLs like 0.1, 0.7, 0.4 etc

rangeLoop = 50, 100, 400