(I may add an override to the Spreadsheet settings) Secondly, due to the massive spike up the EA would not have tunnel martingale ea taken the trade anyway as price never retraced to 38. It may have traded if I had disabled the Rate announcement and enabled the Press Conference.
In the past, the ECB Press conference has been 4hr forex trading system a whipsaw festival as traders initially go one way and then reverse. In this case, however, the trade would have worked off the 5 minute candle as there was a 50% retracement and TP would have been 161. So I have made some changes to the EA to correct some issues. 1) Stop extending Fibos after Trade activated - I noticed that once a trade was 4hr forex trading system actually open as BUY or SELL, the EA would continue to adjust the Fibo, sometimes making it larger which then extends the TP and changes the SL. I believe 4hr forex trading system that once the trade is opened, Price had retraced enough to trigger the trade so we should not extend the Fib any more. 2) Set TP_Percent Level defaults to 200 4hr forex trading system not 0 - I had a trade close out prematurely for this reason.
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Ive decided its better to set TP far and adjust back. 3) Set actual TP to only ever reduce never increase. 4) Remove too many Modifying Orders message in Logs. - The EA was filling up the Logfiles 4hr forex trading with system repeated Modifying Orders messages.5) Changing AllowBuysAllowSells to False while Pending Order open 4hr forex trading didnt system delete the Pending Order. - In case you change the AllowBuysSells in the CSV filefrom TRUE to FALSE, you would want 4hr forex trading system the EA to delete the Pending Order. Even if it hasnt exceeded the Min Size requirement. This may make some trades look like they should have opened but didnt.
6) 4hr Auto forex trading system Screenshot on Limit Order opened and 4hr forex trading system also when TP adjusted The EA saves screenshots into MQLFiles when a New Limit Order 4hr forex is trading metatrader strategy tester not working system opened or deleted or the TP is adjusted. 7) Auto Function wont pickup new multi-purpose trade management ea trades until existing ones are closed, so 4hr forex trading it system can monitor for replacements 8) Include 4hr forex trading system Spread in TP calculation.
You may want to take the great traders trade Copier Unlimited. Traders can enter long insight in a 4hr forex trading system fairly expert advisor that can manage your orders Stop Loss. Work in the market to trade strengthen or weaken a currency they are.
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I consider that to be the main retrace for the move. Now if that happens before the trade has grown to minimum size, then forex broker without commission the EA will ignore that trade and not open any orders at all. If it does open orders, the EA wont extend the Fibo any more.Finally, there was also a bug where if you stopped and started the EA, a second Limit order might be placed, so I changed the way the EA calculates Magic Numbers. It also checks Trade History to ensure that new trades are not taken when an existing one hit TP or SL.
02 Modified by Alan Prothero FF Calendar now re-downloaded after every News Event to pickup changesupdates Fixed 5004 Errors when using multiple charts and Saving Calendar Fixed some rare Divide by Zero errors.
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