How to set daily trades limit.
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Hi,
how do i set daily trades limit?
Thank you in advance.
Would like to keep it fairly easy about 2 trades per day limit.
Currently using EA for Prop Trading to calculate Lot size and Stop loss based on percent base of balance of 0.5%, but might increases to 1% during challenge.
Due to daily loss of 5% and max loss limit 10%,
i dont like idea to have max. 2 losses per day allowed, rather 2 trades in general.
Because e.g. if first trade was profitable bot might trade further until there are 2 losses.Have tried suggestion of other user, this but bot still opens to many positions per day.
https://fxdreema.com/shared/19SeOjMFb
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Check the variable above taking trades, reset to 0 once per daily bar in a separate tree
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Hi,
thx for your reply.
you mean orange one above which is connected to the buy/ sell row?
You mean the TradeCountBS Variable.
for reset block it is at 0 isnt it?
Have disconnected tree below as sperate tree.
You would mean like following right?
https://fxdreema.com/shared/alAvT6Trb
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What I mean is in a condition block above buy and sell, variable < your max number. In a separate tree once per daily bar modify the variable back to 0.
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You mean like this?
Could you please mark on picture, seem not to understand what you mean.
Thank you
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Thank you.
So the ornage Trade Count +1 is correct as well right?
Do i need to maintain the pass and turn on off blocks like before or does it reallocate now byitself because of your settings of "daily"?
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Every time a trade is placed, 1st it checks if the count is low enough, then it places a trade and adds 1 to your variable, and then once a day the number is set back to 0. You do not need to switch blocks off and on, because the count is checked before placing a trade.
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