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the entry and exit points. This captures a profit.432 and.17. The stop is set at no greater than half of the width of the Bollinger band. The spread in Metatrader was set at 21 points (2.1 pips) again. Customizable lot size management, check out our latest version video presentation: Click for old version video version.0 settings, lots of settings: You can customize this. So for example, if the bandwidth is 20 pips, the stop is placed half way at 10 pips. As mentioned above, I use no more than one lot per 10k so the exposure is fairly low.
The chart shows the complete sequence of four buy orders. This new EA includes latest list of settings and new money management info display. The spread again was set at 21 points. The table below illustrates this with a toy example: Tick Price Side SL TP P/L.3500 Buy open.3490.3506 Sell close 6 Copyright 2018 m Table 1: Managing take profit and stop losses At tick #1, I place a market buy to open. It has compact, but fully adjustable EA properties control. However because the exposure is spread among multiple trades the impact of drawdown on the accounts balance is limited. Following this, there are two more bars triggering entries, which results in four executed buy orders (see Figure 2). Each field is explained, what it does and how it would effect your trading.
It is a great tool start for beginners to jump into auto trading. Forex Scalping EA Strategy. It is new exclusive EA that includes fully automated scalping system for any currency pair. If these conditions are met the trade is entered provided the total open volume is not exceeded. Want to stay up to date? Unlike other scalping systems, trades are allowed to drawdown.
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