tictac-nur@Zone Recovery Management EA
1a. Could you make hard TP and SL? Especially TP. I mean at the moment I am setting up take profit 10 pips and it works perfectly until the first and every next hedged position. Then the TP is going further and further as its taking on the account all losses made by spread and comission (and it's invisible for us as well). Could it be possible to make hard TP. So it's 10 pips away from first or last trade so I can manage trade by rising hedge multiplier range and keeping TP channels the same rather that lowering hedge but widening TP channel.
1b. I don't know why Fixed Target works perfectly on back testing, but on Demo and Real account doesn't work. Even if I turn Fixed Target as true and Pips Target as false it still closes trade only on Pips Target profit. Here is appeal to rest of testers to check it please. Equity trading works perfectly on back testing, but same as fixed profit not working on Demo and Real account as even you turn off Pips Profit the MT4 will disregad it and take Pips profit as a priority.
2a. Not very important but I agree with KashifNawaz that if individual multiplier setting for each cycle could be expanded to 10 trades that would help for some traders.
. Maybe he didn't like my name. Manual selection of Multipliers upto 10 cycles will give us more room definitely.3a. I agree wit Electronix that there is a bug in TS and it could be fixed. If it's possible that another option of triggering Trailing Stop would be triggered after reaching TP that would be another option and advantage. "I think i found a bug in regards of the trailing stop. When you set it to enable it modify the orders as expected but it goes only until the entered TP is reached. Means if you set a TP to 20 (as me) and set the Trailing Stop to 10 it goes only up to 20 pips. I think more usefully is, when trailing stop is active it should ignore...
3b. If it's possible that another option of triggering Trailing Stop would be to be triggered after reaching TP that would be another option and advantage.
Can you draw also in the chart, where a trade was closed ?
Can you place a dark grey or black Background behind the info panel ?"
7. Could you you draw a red/green line where we can see, where the TP is set to be hit ?
8. From NashifNawaz: Magic Number is not working. If we change magic number from 0 to any other number, it does not take care of manual entry (I din't try automatic range breakout entry). I want to place this EA on same pair EURJPY but on 2 different charts with different magic number. Lot size and TP targets will be different in each chart. Can you please check? It's not working correctly wit me also and would be great to have opportunity to trade the same pair on two different charts/time frames.
. I could not understood earlier. I am placing sell manual order on one chart and buy order on other chart via EA which assigns a magic number. You cannot assign magic number to a manual trade. So trade on first chart and let 2nd chart dealt by another EA to only open first trade then close that EA9.KashifNawaz: Can we add option, increase/decrease RZ range after ** trades. So new trades will be open once market will be out of current ping pong area. Its working. Thank you for attention and great ideas especially to Electronix and NashifNawaz. TicTac looks like there is a lot of work for youWe all waiting biting the nails to the elbows for the new version. If you need beta tester just PM me. My work gives me ability to do back testing and this EA draw my special attention. I can also contribute a reasonable amount if that would help...
{quote} Hi KashifNawaz you "may" have misunderstood the information presented to you. No trades were entered manually in this scenario - please view the images again. What we have here are 2 individual EAs working together
1 of which places the orders that open and closes the trades as normal and the the other is the Zone Recovery EA.
{quote} Sorry for my misunderstanding.
VERSION 9.0 Download Link : {file} Change Log 1) [New] Trailing Stop Loss System 2) [Upgrade] Adjustable Hedge Multiplier up to 10 cycles 3) [Upgrade] Risk Management ( Cut Loss buy ratio/deposit currency ) {image} {image}
Thanks dear coder for your updated version. Much appreciated. Seems you are mostly travelling or on world tour and have very short time to visit your thread. :-) If you find some time, and if possible, kindly add below features. 1-Change SL after number of cycles: Enter Value New SL after above set cycles: 2-Also, we need to reduce TP level after number of cycles, lets say after 12 cycles. Change TP after cycles: Enter Value New TP after above set cycles this will help to close current cycles at less profit rather let it open more cycles. 3-Spread...
)
{quote} Sorry.. i am quite busy lately working on cryptocurrency market.. (more volatile market
. With every new cycle, these are moving away and away. I have 10 cycles running now on USDJPY and price already moved 89 pips down from Sell trades but still needed 2 more pips to close the setup. Missed 2 pips and now price again dancing up. I wish, my TOP was set for 8 instead of 10. Maybe price will hit more cycles {quote} Wow. That will be awesome... We will have more grip on trades. Thanks again The only thing which we don't like about this EA is TP level
