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Thread: Trade Protector & coding help

  1. #1
    Junior Member
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    Oct 2009
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    Default Trade Protector & coding help

    I found a marvellous EA on another forum called trade_protector-1.2. This EA, as the name suggests, closes trades according to pre-defined parameters and is very sophisticated. I'm new to this forum and dont know what the protocol is for posting freeware EA's....ie do I need permission from the developer to post? I have wanted to develop a similar EA for some time, that is, an EA that after a predefined profit target is reached, closes half the position and moves the stop loss to breakeven and then implements an aggressive or conservative strategy for the remainder of the trade. In this way, you get the benefit of any long term move, ignoring minor retracements but closing on a reversal. Has anything like this been done and would it be helpful (acceptable) to post the trade_protector EA? Thanks

  2. #2

    Default

    Posting the EA is not a problem unless it's a commercial EA.
    Have you been using this EA on a live account with success?

  3. #3
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    Default

    Blackdog, yes I have and it works well on manual trading, however, I haven't tried it to see if it will close EA trades

  4. #4
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    Default

    Here is the indicator
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Tags for this Thread

breakeven, closing, coding, indicator, live, live account, long term, manual, manual trading, profit, stop, strategy, time, trading

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