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Hi,
i'm new in this forum.. from Germany and ask for someone help me in coding please.. attached is a very good hedging system that's very profitable for me.. But I need some adjustments.. First the ea has a start and end hour function, but it if you choose this function it takes only one trade.. f. e. if you set 15 till 19 GMT it makes only one trade at 15 and then ends trading.. I don't know why.. please help..
And second if you try this ea you will attract attention that the SL and the TP on the actual trade and the stop/sell type is not the same, but it should be the same.. at the moment I adjust the stop target levels manually.. I hope you understand this pleas help me.. my settings are:
Lots: 0.1
StopDistance: 20.0
TakeProfit: 15.0
StopLoss: 30.0
I have added a parameter called FiveDigitBroker that seemed to have fixed the problem.
The potential of this EA is impressive but drawdowns not so much. I was only able to backtest it for some period if I start with 0.01 lot. Starting from 0.1 would blow up the account immediately.
first thank you for your 5-digit-parameter.. very good.. the potential of this ea is really really impressive.. I'm live on alpari with 0.01 lots.. but I think the ea sets wrong sl/tp's.. f.e. on alpari I have a spread on eur/usd 1.8 pips.. so first trade:
here you see the difference between SL and TP is 2.2 pips, so it can happen that sell order hits sl but the stop buy order not touch the t/p from the already opened stop buy order and that is wrong.. I hope you understand the problem.. my english is not so well maybe you or someone else can fix this problem..
for the sell order the SL gap is exactly 31.8 pips which is actually 30 pip stop loss + 1.8 pips spread and TP gap is exactly 14.2 which is actually 15 pips TP and - 1.8 pips spread.
I guess the only thing wrong with the calculations is that this EA is calculating both SL and TP using Ask for a sell order and similarly using Bid for the Buy order
Whereas, in my understanding, it should be calculating SL using Ask, and TP using Bid so the spread is accounted for, for a sell order. Similary for Buy order it should be changed accordingly.
If you confirm the above I can make these changes for you.
Dear Syed, I tested the ea and yes it closes the po (same pair) once the open position hit TP but leave the other open position (same pair) as it is. Can you please check to enable all other open positions (profit/loss) also closed together with the one that hit the TP this may reduce the loses. Thanks
Dear Syed, I tested the ea and yes it closes the po (same pair) once the open position hit TP but leave the other open position (same pair) as it is. Can you please check to enable all other open positions (profit/loss) also closed together with the one that hit the TP this may reduce the loses. In other way, the ea shall close all orders in the same pair once positive profit as set, this will eliminate the losses. Thanks
for the sell order the SL gap is exactly 31.8 pips which is actually 30 pip stop loss + 1.8 pips spread and TP gap is exactly 14.2 which is actually 15 pips TP and - 1.8 pips spread.
I guess the only thing wrong with the calculations is that this EA is calculating both SL and TP using Ask for a sell order and similarly using Bid for the Buy order
Whereas, in my understanding, it should be calculating SL using Ask, and TP using Bid so the spread is accounted for, for a sell order. Similary for Buy order it should be changed accordingly.
If you confirm the above I can make these changes for you.
Regards,
Riz
YES you're right it's using Ask for a sell order and Bid for the Buy order.. many thanks for changing this
profitable Hedging Lots Strategy
maybe you or someone else can fix this problem..
)
Linear Mode
