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Did you test this Ea for several years ?
Do you have any additional informations about testing and buy and sell rules ?
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.
- MaxDailyRange is now calculated taking into account the time shift
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.
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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