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TOProfit

Topic: TOProfit

Attached, TOProfit EA.
It trades in big trend with pull back timing.
Good win ratio but It has a relatively big stop loss.
Works in real account.

Post's attachments

TOProfit v.1.4.2..mq4 62.98 kb, 26 downloads since 2017-10-24 

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Re: TOProfit

Did you test this Ea for several years ?
Do you have any additional informations about testing and buy and sell rules ?
Regards!

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Re: TOProfit

Hi naolessie,

Thanks again for another good EA. I believe that if we can code for it to enter at the Fibo -0.23 or -0.38 retracement of the first big move, with SL at -0.5 or -0.61 Fibo level, and TP at +1 or +1.23, we might have a R:R ratio bigger than 1 and be less worried about hitting SLs.

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Re: TOProfit

- MaxDailyRange is now calculated taking into account the time shift

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Re: TOProfit

I did traded with this EA for around 6 months. It opens like 5 trades at the same time. It looks like they are all in direction of the trend.
Overall it made some profits but I did not like the way it opens multiple trades and when they are all going opposite direction.
The loss would be very big when they all hit the stop.

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Re: TOProfit

Let's modify the mq4 so it can open only 1 trade per time. Let's also reduce the stop loss and try to achieve a setting that gives a Risk:Reward ratio better than 1.

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