Quote:
Originally Posted by burn0050
Hi Bear,
One of the reasons that I think the EA doesn't work well is the exit rules. I think I could modify the one from Nix to exit differently. You say that you can either exit with another zigzag line (no arrow) or wait until the next signal to reverse.
I think the trailing stop and stop loss are too close in this EA. I think that by using just an initial stoploss then break even stop loss, the EA would have better results. The other lingering question is whether to exit on the next signal or just the line. Can you tell me which one you use?
Thanks,
burn0050
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Hey burn0050,
That is what I have been saying since the start. Anyways I think its a great idea. 75% of the time I exit at the first bounce. For programming sakes I would just do that.
Thanks ,
Bear-
