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Phoenix
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[QUOTE="usp, post: 382, member: 483"] [b]Phoenix EA[/b] This EA has produced consistent consecutive profits of around 15 pips per trade but then it resulted in 3 cosecutive losses of about 60, 60 and 90 pips. This wiped out about previous 14 wins. I had used the default settings. I need to understand more about this ea for more efficient use. 1. There seem to be 3 modes and the programmed currency pairs use modes 2 and 3. 2. Mode1 seem to be used by any pair not programmed. 3. For mode1 the TP, SL and TS are not used by default (set to zeros) but can be set to any number of pips. Am I correct in these 3 assumtpions? I am not a MT4 programmer. Please comment. [/QUOTE]
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