Thread: Martingale EA
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Old 01-22-2008, 02:44 AM
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wolfe wolfe is offline
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Quote:
Originally Posted by lcfxtrader View Post
Wolfe,

I have noticed that the EA will close all open trades far past the stop loss based on the close_by_loss input (ex: set to -100 & EA closed all aggregate positions at -135.02). Do you know why this would happen?

Thanks,
LCFX
Yes,

Stop loss will start executing once profit is < or = your stop loss parameter. Just 1 pip movement, could increase your loss by that much depending on how many orders are open and how many lots you have. Also take into account time taken for close all cycle, and slippage, and you have your answer.

The same could work for TP as well.
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