Skippy
so i looked at that ea from cybercoder...
his definition of profit factor is about the same as using fibo levels
so i looked at that ea from cybercoder...
Disliked{quote} Profit factor is how much will TP be compared to whole engulfing candle. 1 means it will get same amount pips engulfing candle size. BEfactor is Breakeven point EA will modify orders. 0.5 means (0.5 * whole candle )+ low for buy orders. It is as described as in first orders. It means when price go above(buy) or below(sell) 1.5 times candle size it will move SL to Breakeven. I already included candle size in code, so you only need half to add orderopenprice if you want strictly follow first rules. But you are free to change how ever...Ignored