
05-13-2007, 04:43 PM
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Senior Member
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Join Date: Apr 2006
Location: USA
Posts: 438
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Quote:
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Originally Posted by Mr.Marketz
Ryan,
Some really great work here. Nice job.
P.S.
What do you think about having an option to 'hedge'. In other words, if 'hedge' is set to true, the EA will place a trade to hedge the open positions instead of closing them.
EX:
Separate open SELL orders: 1 GBP/USD mini, 2 GBP/USD minis, .5 GBP/USD minis.
'Hedge' is set to TRUE, and AMOUNT is set to $300 (or could be based on equity loss percentage).
When the account equity falls to the specified AMOUNT value, the EA places a BUY order of 3.5 mini lots to hedge the cumulative opened SELL orders mentioned above. So to add to the following features: CloseByTime; CloseByTotalProfit; CloseByTotalLoss; CloseByDrawdown; - HedgeByDrawdown
Just a thought, I figured it would help this already great EA become more encompassing... like the Swiss Army knife. (Nice name by the way... very fitting).
All the best,
MM
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Thanks, Mr. Marketz. I'm really glad that you like it. And I like the hedging idea you have; I'll try to get it into the next version.
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