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Originally Posted by MiniMe
good entry we had like 100s idea of good entry but how good they are ?
like if you use ASCTrend or Nina or Fisher you will have early entry but are they good enough enough to decide to open the trade ??? I am not sure tests will have to run along with Diminai voltmeter to see, anyhow in the setting of the EA there are lots of indicators are used you can simply enable or disable some of the inidcators that decide the entry point that will give you an early entry , cause for a tarde to happen all the indicators used to have to be true or no enmtry ? Mrpip porgrame it so we can play with the setting.
Very Good idea but, pls any tests for changing the setting keep a record and let us know, all you have to do is disable some of the indicators by setting thier value to 0.
Good work
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good entry is important thing.
But I think even more important is to have good exit. This is exit when you have profit or loss
With the EA I had so far many trades that:
- started very bad and continued like that until initial SL
- started very bad but then recovered and hit TP
- started very well, made o lot of "paper profit" but then all has been lost and went down to initial SL - Of course this is most confusing
So I think It might be better to take profit by trailing (closelly) SL than by "wishfuly set" TP.
But after taking such profit, EA should be cautious with opening next trade. There should be somekind of very shortterm indicator of direction and dynamics of movement to confirm existing signal. Especially when original signal is quite old.
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