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This is a great EA if someone can fix the bug.
It keep deleting the old stop order but when price is close to the trendline the new stop order cannot be placed because it is too close. As a result no trade can be make. Please see the picture for the detail.
I am wondering if anyone ever trade successfully with this EA.
I know see what you mean by deleting the old orders.. Too bad it is not working. I agree if bug is fixed, this will be a great EA.
Quote:
Originally Posted by jimmyking
This is a great EA if someone can fix the bug.
It keep deleting the old stop order but when price is close to the trendline the new stop order cannot be placed because it is too close. As a result no trade can be make. Please see the picture for the detail.
Here is a new version of this ea.
I made the following changes.
v3 ; Modified by Robert to place trade at break of trend line
by price where stop order would be placed
Added Magic Number calculation based on Base value plus
Chart time frame and Symbol used in formula
In other words instead of using a stop order the ea will now place a market order when the price reaches the point where the stop order would have placed the trade.
Calculated Magic Number will now allow testing on any pair and timeframe.
If a comment appears that say Unexpected Symbol the EA will still place trades. The symbol is just not in the list of 18 pairs being checked.