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smilee89 replied Dec 15, 2011You are welcome. Rules did not change from post 1 except the minimum size of last closed bar. Now we just want to add a good MM to the code.
Engulfing system
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smilee89 replied Dec 15, 20111. What was updated in the EA? 2. I meant different trail. Parameter A will be: Move.to.BE - means in which floating profit in pips the SL moves first time to BE. Parameter B will be: BE.Place - means where to move the SL first time. Parameter C ...
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smilee89 replied Dec 15, 2011When Trailing set to false it is still moving the SL. Please fix it..
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smilee89 replied Dec 15, 2011For example: EU 4H SL 240 (2400) TP 40 (400) Min Size of the bar 55 (550) 3 losers, 100+ winners
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smilee89 replied Dec 15, 2011No. Parameters are different. It depends which pair and what the TF is. Mostly, SL will be greater than TP, but you'll have much more winners than losers.
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smilee89 replied Dec 15, 2011I agree, adding MM is very useful. I will add to post #1 the last updated version.
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smilee89 replied Dec 15, 2011It will be great if you add your own code for ECN broker so it first places the trade and then modifies the Stop loss and take profit separately. Also add the BE new rules.
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smilee89 replied Dec 15, 2011Trailing — xmess7 (Jess) or Joan, you can add the BE rule to the code: At + N pips (parameter), move SL to entry price + X pips (parameter, can be negative value too). Then trail T pips (parameter) from current price.
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smilee89 replied Dec 15, 2011Jess, the updated code is working correctly regarding the spread and decimal pips. You can help with future changes that may be needed. As for 4 digits broker, I did not check this system with this issue.
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smilee89 replied Dec 15, 2011See my answer in previous post regarding moving to BE at ~+15 pips. If price move in our favor without retracement it can be much more profitable. I use it for a couple of weeks on Demo so far.
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smilee89 replied Dec 15, 2011This is the next step to be coded. After ~+15 pips, move SL to Breakeven (BE). Then trail SL. It can be every 10-15 pips.
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smilee89 replied Dec 14, 2011It does not matter what is the direction of last closed bar.
Engulfing system