Author Topic: Eaty EA files  (Read 2908 times)

Offline eaty

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Re: Eaty EA files
« Reply #30 on: August 17, 2009, 07:38:58 am »
Pic 1. show that the EA never BE+1 for me even after our 50 pips target hit. Trade 2 & 3 still lose more then BE+1.

Pic 2. Show that the Buy entry is not open even it hit out Entry.

Pic 3. I believe this is the error we discuss earlier.
c. Pic 2, the blue line is the entry. Can explain the starting SL. When it move on, SL move to BE+1 > 30 pips. The question is at E3 and E3.1. The SL move to E3, which is the high E3 bar and E3.1, which is the high of E3.1 bar.
By right, the SL move from BE+1 > 30 > SL at the high of E3.2. Because it form a new high at RSI.
Why SL move to the high of E3.3?
It should move to E3.4 as PA close above the 4MA.

The stop loss moved to E3.3 because RSI was higher than the previous bar. Should it move only if RSI is highest from the time the order is opened and not just higher that the previous bar?

SL dont move when RSI move higher. It move when it form a highest high or lowest low. So in our example SL > Pivot high > BE+1 > 30 > E3 > E3.4. For further detail pls refer to SL case3.


Lastly, Xux can you edit the EA to depend on RSI cross to enter signal and not on MACD. Shown in pic 4 below. Beside that i am not sure about the SL shown in the pic 4, a bit off.

Thank you in advance.