Example - Regular Entry

Example - Regular Entry

  • Goal: I want initial trades with random buy or sell direction. I want the first topup to enter when the price moves 30 pips against the initial trade.
  • How-to: Here is an example EA configuration how to achieve the above:
    1. Price Gap = 30
  • Description: The EA enters an initial trade in either buy or sell direction if the market is not yet traded in that direction. The initial trade direction is randomly picked. That initial trade gets closed off when it hits one of its targets. Should the initial trade go into 30 pips loss the EA enters the first topup. Every time the last topup goes into 30 pips loss the EA again enters a subsequent topup. The basket of the initial and the topup trades on the market gets closed off when their combined profit reaches the target amount or target pips profits.