It seems like wolfe is doing a great job...but I just got a ping error and the EA does not retry the entry...I think the progression is ended because of that...there may be a way for stability to be improved..
ES
Quote:
Originally Posted by lcfxtrader
ES,
Here's the system in a nut shell.
Hi wolfe,
Do you happen to have an EA that would do the following that you could share?
-User decides initial trade direction (let's say long) and starting lot size (say .1 lot)
-New position would be added every time the market moves x pips (say 10 pips) up or down away from the most recent position taken. If market moves up from the original position 10 pips a new long is added. If the market moves down 10 pips from the last position a short is added (basically following the market looking to catch a trend in either direction).
-Each new position size increased by x (ex: .1 lot)
-Take profit based on account %
-Stop loss based on account %
-Max number of standard lots before EA can't taken any new positions (at this point the T/P or S/L will need to be hit when max is reached)
-Re-enter mode would start a new progression again once the prior progression has ended do to T/P or S/L being hit
-Magic number to run on multiple pairs
If you don't have this, could you please code it so we could test it? I would very much appreciate it.
Thanks,
LCFX
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