Quote:
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Originally Posted by Pedzr888
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.
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Ok - thanks for reply- yeh I understand about setting stop losses away from obvious support resistance - I still use FXCM, so I have had to learn the hard way ( $$$ ) to avoid being swept away by stop hunting - I will keep an eye on that SL feature of yours.
Out of interest - attached is a screen shot of trades still active, the EA picked up some of the major move as you would expect of any similar system - but still it managed some pips, I will leave running to see if it can exit based on nonlagema...
Regards ...