Hi folks,
I am new to forex trading. I have come up with a simple EA which need you experts to advise. The idea how it works is below:
1. Open a buy or sell depends on indicator
2. If the trend is reverse by 100 pips, open another same direction order
3. If the trend again reverse by another 100 pips, open another same direction order
4. The variables can be set here are:
a) Recoverpip - the level where need to open new orders
b) lotsize of new orders
5. The key point here is only open the orders in same direction
6. If only Buy orders are open, then it is meant for carry trade.
Please comment
Pipsaver99
I am new to forex trading. I have come up with a simple EA which need you experts to advise. The idea how it works is below:
1. Open a buy or sell depends on indicator
2. If the trend is reverse by 100 pips, open another same direction order
3. If the trend again reverse by another 100 pips, open another same direction order
4. The variables can be set here are:
a) Recoverpip - the level where need to open new orders
b) lotsize of new orders
5. The key point here is only open the orders in same direction
6. If only Buy orders are open, then it is meant for carry trade.
Please comment
Pipsaver99
Attached File(s)
Live-Robot-Bol-100pips.ex4
6 KB
|
169 downloads
Live-Robot-Bol-100pips.mq4
4 KB
|
218 downloads