Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Trading Platforms
MetaTrader Expert Advisors
Need to modify and code EA
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="pret1102, post: 24154, member: 13629"] EMAT-Trading-System-2010 Sea Dragon2 v1 Take Profit There are 3 softwares having one common feature but check it on demo for 1 day. 1) EMAT-Trading-system-2010 Any script with any lot size Candle should be 1m for fast checking. And maximum open trade: 20 This software compensates negative trade. 2) Take Profit: This software is made to compensate negative trades. 3) Sea Dragon2 v1: Can anyone change compensating trade system little slower in this software as it takes very big lot size and if still if it is not compensated free margin and then equity goes towards 00. Account will be closed. To try its demo Use Take Profit 5 , Lot size 0.1, account Balance: $2000, sl: 10 max sl :150, Tp: 5, Tp2 : 2, weishu 1.0 This is somewhat same software[B] need coding [/B]which will decrease risk factor associated in above 3 softwares. [B]Trend_Tp_EA[/B] There should be only 2 parameters anyone can change in this software and those are a. Lot Size : 0.1 ( default ) b. Take Profit ( default ) ( There is no stop loss in this EA ) Once Ea is started parameters can’t be changed. It will take 1st trade according to current market movement direction ( say, sell Trade ). If it crosses 1st take profit limit ( 10 pip ), it will put another trade in the same direction. If again it gains take profit. It repeats it again but at this time if it don’t cross the limit and returns back and trade is exactly negative ( -10pip) than take profit limit it will put opposite direction Trade ( Buy Trade ). It continues doing this. Now if any trade is negative exactly 4 times its take profit limit ( -40pip here ), it will try to compensate this trade. Compensating Strategy: Any trade which is negative exactly 4 times its take profit limit ( -40pip here ), It will put another trade in the same direction with same lot size and it will put common take profit line which will give total take profit exactly total of that 2 take profit ( here 10 + 10 =20 ) If market is moving in one direction and this compensating trade also crosses 4 times take profit limit ( -40 pip here ) there will be another buy trade with lot size double ( 0.2 here ) than initial and again common take profit limit will be set which will give profit exactly total 3 take profits of 3 trades ( here 10+10+10= 30). If this 3rd trade also crosses 4 times take profit limit ( -40pip here ) there will be 4th trade in the same direction ( buy trade here ). Lot size will be double than earlier ( 0.4 here ) and common take profit limit with same total take profit of 4 trades ( here 10+10+10+10=40 ) . These continues if market is still moving in one direction. Example : Lot size : 0.1, Take profit : 10 pip 1st buy trade is negative -40 pip , now Ea puts another buy trade with same lot size (0.1) Take profit limit will be on -10 pip below 1st buy trade so, total will be -10 + 30 =$ 20 Now 2nd trade is also -40 pip negative then it will put another 3rd buy trade in the same direction with lot size 0.2. Now common take profit limit will be 2 pip below 2nd Trade Total : (2x 38 ) –( 1 x 2 ) – ( 1 x 42 ) = + 76 -2 -42 =$ 32 Now, 3rd trade is also -40 pip negative then it will put another 4th buy trade in the same direction with lot size 0.4. Take profit limit will be same value of 3rd trade So, Total : ( 4x40 ) – (2x00 ) – ( 1 x 40 ) – ( 1x 80 ) =$ 40 Same way for more trades if required. [B]Common:[/B] • It continues putting new trades in the same direction if it hits take profit limit. • Any trade except compensating trades which is negative exactly to its take profit limit Ea will put opposite direction trade. • Any trade which is 4 times negative to its take profit limit Ea will put new trade in the same direction to compensate 1st trade. • Any trade which is negative exactly to its take profit limit, Ea will put opposite direction trade without considering if Compensating trades is active on the same value. • Except compensating trade if there is an active trade, Ea will not put new trade in the same direction. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…