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Alex,
I have proposal.
See image. It is an other indicator which may work together with this EA. When the price is approached to the high or low lines (support and resistance) of the Price Channel indicator the EA should closed the order.
May you make this improvement?
But on version # 1 please. I am testing # 1 and seems it is very good version (compare with version 2).
Look on the image above: the price is going to the Up Channel line and the order should be closed now.
Irrespective of.
So, the order may be closed on:
- S/L which is moving by T/S;
- in profit by T/P;
- by support or resistance lines of an other indicator (see attached).
I am talking about exit in profit only. Your S/L is moving in right way.
I want to add an other condition to close. See the images.
When the price was riched the resistance line (high line) the buy (if it was buy order) should be closed.
If sell order and the price is riched the low (support line) - close. In both cases it will be in profit.
But the price is not cross the high and low lines because those lines are the dynamic ones. The high/low lines are moving as well together with the price. So, the price is toching the high/low, or coming more closer let's say.
See images.
But improve the version 1 (Bruno tested version 2 and it was not good but version #1 is ok).
Close Buy Order
if the price is approaching the high line.
Close Sell Order
if the Low line.
The price will never cross the high or low. Just approaching. Be near or equal let's say.
And I found the bug. See image. The signal was changed from sell to buy but the EA did not close the sell order and did not open the buy.
An other condition to close the order: the signal was changed (on the 1 bar).
See the statement. The EA still kept the sell for jpy and the signal was changed already (see image).
Linear Mode
