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Thread: Ilan1.4

  1. #51
    Administrator funyoo's Avatar
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    Quote Originally Posted by tradefx View Post
    Theres something wrong with this EA....
    I am testing this EA with SL & TP version since yesterday and till now am at loosing spree.
    TP 10
    SL 100
    Timeframe H15

    plz check the attachment....
    Yes, the lot management is not good.

    I have got an account blew up with default settings.

    The optimized one is still alive for the moment.

  2. #52
    Administrator funyoo's Avatar
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    Quote Originally Posted by Nanook438 View Post
    Funyoo-
    Is it possible to add code for this indicator that would open 2 orders and close one at the TP and leave the other open if the trend continues? The SL point would need to be moved up (down) at that point for a free trade ride. I would guess the equity stop in the program would close out the second trade upon trend reversal?
    Thanks! Your skills are awesome.
    Hi Nanook438,

    Here it is.
    Attached Files Attached Files

  3. #53
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    Funyoo-
    Many Thanks!
    We'll see how this tests out.

  4. #54
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    BTW- Funyoo
    Can you give some idea what some of the settings do and interplay on the indicator?
    Thanks for your help!

  5. #55
    Administrator funyoo's Avatar
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    Quote Originally Posted by Nanook438 View Post
    BTW- Funyoo
    Can you give some idea what some of the settings do and interplay on the indicator?
    Thanks for your help!
    It is essentially a trend follower.

    If the last close is higher than the previous close then it buys, otherwise it sells.

    It adds other orders in the same direction each 30 pips.

    And it continues in one direction as long as the trades are not stopped.

    Note that it is not an indicator, but an expert advisor.

  6. #56
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    Thanks Funyoo!
    I had a senior moment. (I meant expert (a drip under pressure?))
    Happens at my age!

  7. #57

    Default lot exponent

    what does the lotexponent do?
    thanks

  8. #58
    Administrator funyoo's Avatar
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    Quote Originally Posted by johncr22 View Post
    what does the lotexponent do?
    thanks
    Hi johncr22 and welcome,

    It is a factor used to multiply the lots when MM=1 or UseClose=true.

  9. #59
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    Default Ilan1.4 Nanook438

    Hey Funyoo-
    Here are some test results that I ran on the Nanook version.
    Not bad for 21 days?
    Attached Files Attached Files

  10. #60
    Administrator funyoo's Avatar
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    Quote Originally Posted by Nanook438 View Post
    Hey Funyoo-
    Here are some test results that I ran on the Nanook version.
    Not bad for 21 days?
    Hi Nanook438,

    Indeed, but we should disable the money management, as there are some orders with strange lots size sometimes : http://www.tradingsystemforex.com/ex...ilan1-4-a.html

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