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Originally Posted by npj6400
Ok great - I have set up today for revised version
I have attached picture of order entry log on EUR/ USD
Entries ok - but SL has been set over 100 pips away - same for cable entry - I think from your EA logic - should be 20 pips based on last bar calculation ?
Thats interesting - if you override the SL with the Broker - the EA resets it back - it reset back to 52 pips away from action
Regards ...
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The EA is using the last completed bar's High or Low to calculate the
SL's plus a guard which defaults to 5 pips.
On your screenshot, although I do not see the ASCTrend BUY, I am assuming
that the EA had an ASCTrend BUY, confirmed by RSI_Filter & NonLagMA, right after the big green bar. That's why the BUY order occured at the bar right
after the big bar.
The EA then used the big bar as the "completed bar" and used the Low of that
bar, plus FixedStopLoss (default=20 pips), plus PivotStopGuard (default=5 pips.) That is why the SL is below the big bar.
The guard is to set the SL 5 pips away from the actual supp/res value, if you are using Pivots, since you don't want your SL's to be exactly at Supp/Res.
Thanks.