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Originally Posted by rifo.valas
We Must Open 8 Level Pending Order buy and sell..
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Why we should open 8 level.. because sometimes the price move fast up or down. So it will protect the level easily.
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You are right if we are talking about real trade but for testing purposes I don't care about fast movements - tester will take them all and execute all orders proper way. I just want to see how it works in long run on real history.
Here it is an updated version of EA - it does not close anything but modify all orders to close them all the same time with the biggest by TP.
First results of testing:
1) 8 levels not enough. For last year on GBPUSD the EA had to open 51.2 lots to keep going which means 0.1+0.2+0.4+0.8+1.6+3.2+6.4+12.8+25.6+51.2=104.3 open orders - it's madness.
2) Spread hits badly - all those big losses in balance on the graph, they are just spreads.