Hi, primajaya and waddah about this system, lets me use EU as example
TP 100
SL 65
If it's profit, total net profit is 35 + 35 =
70 pips
if all is lost. Total is 65 (1st SL) + 65 (2nd SL) and + 130 (new open position) =
-260 pips
See the FTW.htm from primajaya post
How about this. I better use example for explaination.
on 22:00 GMT open price is 1.4000
The EA set buy stop 1.4065, TP 1.4100, SL 1.3935
and the EA also set sell stop 1.3935, TP 1.3900, SL 1.4065
If one of them hit, The EA cancel the opposite site.
So if profit it would be
+35
ANd loss it would be
-65
If u want to add double lot, it would be
+70 and
-130
If u want to add another new position after buy stop or sell stop hit, like the original EA
so the total profit is
+70
and if all lost it will be 65 + 130 =
-195
It's better than -260 right?
what do u think?
Sorry I don't add the spread, cause it's just example. Hope u understand what i'm talking
