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Hi All,
Please test-thanks.
Works on ECN brokers (5 digits) on M1, M5.
If M15, etc.
change to higher #: = 40,50,..
extern int rev_buy2 = 30;
extern int rev_buy1 = 20;
extern int rev_sell2= 30;
extern int rev_sell1= 20;
Bongo
Hi All,
Please test-thanks.
Works on ECN brokers (5 digits) on M1, M5.
If M15, etc.
change to higher #: = 40,50,..
extern int rev_buy2 = 30;
extern int rev_buy1 = 20;
extern int rev_sell2= 30;
extern int rev_sell1= 20;
Bongo
Could you provide a description of how this works, since no mq4 is posted to review?
It is simple...
if (Open[2]>Close[2] && Close[1]>Open[1] && Open[2]-Close[2]>rev_buy2*Point......
2 candels- just you have to change distance between open and close.
This ea is working on M5.
If you want to use higher time frame you must change rev_buy2, etc.
I'm testing EA on FXCM (uk), 2-3 times a day NO connection, specialy
before news (20-30 minutes).
At the moment I don't have a VPS to test your EA for some days, anyway, I tested it for around 12 hours.
You will find some picts about the results of the test. I see the EA with gains in a consistent manner, but I think it is very dangerous by the form in which stop loss is handled. You can see in the pics 2 and 3 that two operations had 93 pips of draw down, and then the price came back to gain each one 5 pips.
I think that one trade can eat all the gains produced for many many trades.
How do you manage the stop losses? Can you improve it in order to do the EA less dangerous?
Linear Mode
