Need help with making EA
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Need help to make this EA.
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BTW, it has to be MT4
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Hi, It may be necessary to reconsider the TP calculation.
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WOW! Its is so much blocks. It is for MT5? No hedge as I think. Yes, need reconsider... I have no chance to test it, I do not have full version yet. All tests I do on MT4. Do you create it right now or have this before? Thanks for response!
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I will add this, bots that buy and sell in opposite directions can make a lot of profit quickly, but they are at serious risk of price runaway, so basically if the price doesn't return, you make a loss or blow the account, in the long run, this will out way the profit made.
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@jstap Sure it does. That is why we prolonging range and Lot size.
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The choice is yours
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This is blowing arround 2020 year, EUR/USD, when it goes only one direction all the time. So maybe it is better to use simple model for example if trades count is less than 50, then trade 0.01, more then 50<100 trades - trade 0.02, 100<150 - trade 0.03 and so on... So automaticaly when price goes one direction, the open 0.01 trades grows, and then starts to trade with bigger lot size and longer range, with longer TP, That makes less trades, but more profitable. If you know what I mean..
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In this case I dont know how to use "Trade count" block. I need condition like trades count, if trade count is less than 50 trade one block that has 0.01 size with certain profit, when trades count reaches 50 and more, start trading 0.02 with longer TP and so on. When/if it back to normal range, again trade smaller lot, or when it goes further losing side, the lot size is growing...
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Create the project, try to get it working as you want, then add a shared link saying what you are trying to do.
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It is working on "No trades nearby", but I want to put "Trades count" condition. Unlucky to put this condition.
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I made it, There was a mistake in parameters...
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Is anything not working as expected?
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@jstap All OK now, was some mistakes. I manage it. Now controlling loses, because as you said, one day it reaches huge draw down or stop out...
