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I don know
It keeps its loosing trades open and adds new ones with projected 2 pips take profit. When the loosing ones come together, it goes down (that test took 4 trading days to do that).
That is not what I was talking about
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I said that the EA is not closing trades that are loosing (there is no stop loss, which is more or less fancy for a scalping EA these days, nor it takes care internally of those trades - with a sort of equity protection, hidden stop loss, or anything similar...)
The strategy change you are talking about is exclusively about how to change the way EA enters trades, not how or when to exit and prevent big losses.
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An example : 50 pips on a 1 minute or 5 minute time frame is not considered scalping but if you look at weekly time frame ... So, in a way, we all can be considered as "scalpers"
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The reason I posted those test results is simple : every system or EA needs at least a "beginning" (when to enter) and "end" (when to exit). As much as I like the "beginning" part of this one (I am a sucker for simplicity ) it's lack of the "end" part makes it incomplete. So it needs some additional work on it otherwise it will be a dangerous one (but that is just my opinion - whoever wants might dissagree with me)
mladen
Quote:
Originally Posted by Nexon
I think every scalp EA will zero your balance sometime.
This EA needs a couple things added to make it useful. First is the ability to control the number of trades at the same time. I will add that code to it in the next few days and post it back to the thread.