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ASC++ EA
Attention: it has manual confirmation of trades disabled on default!
The trailing stop is absent, also there are problems with YEN pairs. It drains off on a flat. It evades the swaps (closes orders at 23:59 and then opens them).
ASChq.mq4 13.35 kb, 35 downloads since 2014-10-26
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Attention: it has manual confirmation of trades disabled on default!
The trailing stop is absent, also there are problems with YEN pairs. It drains off on a flat. It evades the swaps (closes orders at 23:59 and then opens them)....
Hello there! Thanks for sharing your experience with the ASC++ EA, and for bringing up some issues you've encountered. Let's dive into your points:
Manual Confirmation Disabled: It's great to know that the EA comes with manual confirmation disabled by default.
Trailing Stop Absence: I understand that not having a trailing stop feature can be limiting, as it can help lock in profits during favorable market moves. It might be a good idea to look for a way to incorporate this into your trading strategy.
Issues with YEN Pairs: Problems with YEN pairs can be frustrating. Can you provide more details about the specific issues you're facing with YEN pairs? It will be helpful to understand the challenges to offer a solution.
Flat Market Drains: Trading during flat market conditions can be challenging for many EAs. A solution could be to add filters that prevent the EA from taking trades during low volatility periods or add a volatility-based indicator to improve its performance.
Swaps Management: The behavior of closing orders at 23:59 and then opening them can be addressed by fine-tuning the settings related to swap management. Consider adjusting these settings to better suit your trading style.
To make the ASC++ EA more effective, you might want to consider the following additional functions:
Trailing Stop Feature: As you mentioned, adding a trailing stop feature can help lock in profits and protect against reversals.
Market Volatility Filters: Incorporating filters that consider market volatility can prevent trading during unfavorable conditions.
Customizable Time Management: Providing options to customize trading times can be beneficial, especially if you want to avoid certain periods.
Risk Management Parameters: Implementing risk management settings can help control the size of each trade relative to your account balance.
In the future, if you can share more details about the YEN pair issues, I'd be happy to offer specific suggestions. Feel free to ask any questions or share more insights about your trading experience. It's a great way to improve the effectiveness of the ASC++ EA!
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