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Originally Posted by lcfxtrader
Thanks omelette for the revision. Do we need the include file with the EA? Can you explain this for the folks with thick skulls (namely me)?
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Absolutely. Wolfe has all the trading functions in the 'include' file.
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As you probably know the EA has the option to enter a value for the next trade lot size. My original thought was to start with .1 lot with an increase of .01 (next trade) until my TP% was reached. Would like to hear you thoughts if different.
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I realised that when the 'Double' function was on, that if the first trade was a Buy@0.1 lots, and the next a Sell, this would be opened @ 0.2 lots - I wanted to see how it worked out if you keep the Buy and Sell sizing idependent - all Buys 0.1, 0.2,0.4 etc. Same for Sells. I haven't played with any other lot-sizing strategies yet...