Quote:
Originally Posted by etrade
newdigital,
Many thanks for this improvement. I will put it in action. I took a look at the script and found that the trading system is like the ASCTrend EA uploaded in post ASCTrend system
As I discussed in EA Usage Tricks
there is a big problem with this trading system, as it will always open a new trade if there is no opened trade. Thus, if a trade closed manually or by TP or SL, EA will open another trade while the signal is in the same direction.
In other words, this EA works on only one condition open/close by ASCTrend |
I looked at this thread and want to say that most of the EAs are working like that:
EA is waiting for the next signal or to the signal to be changed. And almost all EAs coded by Beluck and Igorad are waiting for the signal.
For example, attach AsctrendBuySellExpert_v1.1 to GBPUSD M15 chart with take profit =10 and Risk=8 and you will see (by backtesting).