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Old 10-10-2007, 01:43 PM
Bongo Bongo is offline
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winwin2007:
I think this EA work based on gaps. If the gap is greater or equal than 3 pips, it will open an order. The TP is determined from the gap too. If it is higher than 6 pips, TP will be set 3 pips as the last three trades said. Otherwise TP remains 1 pip. I bet that this EA will not place TP that is higher than 3 pips. Lucky winwin, because this broker provides enough gap in 1 minute chart last week. The gap occurs when prices jump in response to sudden imbalance of buy or sell orders.
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