All our SL rules are discussed. Hope you can understand it. Coming up is some rules for EA. With all these setting and rules apply in EA. We can gain profit and protect our money from draining.

E1. Once our trade in profit of 40pips, BE+1.
For example: 
3 trade open and in profit of 40pips. 3 trade SL will need to set at BE+1. Even none of the trade is taken profit. This is because we wan to lock our trade from being a losing trade.

E2. Reenter whenever the market price hit our original point after E1.
For example:
3 trade open and in profit of 40pips. We set our SL at BE+1. Market go against us and hit our BE+1. We earn 3 pips…HAHA. We still in profit.

If the market continues go against us and hit our original point. (Original point is the place sell/buy entry without adding ±16 pips ± spread. We reenter the market.

•   Reenter only applicable for 2 4H bar range. (Start from the bar when E1 apply and hit the original point.This 4H bar consider the 1st bar.)
•   Reenter only applicable when no new signal appear. Once new buy/sell order appear, we will use the update new signal.

E3. Once trades in profit and SL are set at profit, we can add in new trades.




Blue = Buy entry + 16pips + spread + 50pips =160.173
Yellow = Buy entry + 16pips + spread = 159.673
Red = Buy entry = 159.513
* Pic with the green circle is 4H and the other 2 Pic are 1 min chart.

From the picture shown we can know that High8, 3 trades were open and hit 50pips. So trade 1 is close, trade 2 and trade 3 SL are set to BE+1.

Market price move against us and hit our BE+1. So we wait for reenter. Market price move and hit our red line (Our original point). We reenter the market by setting up 3 pending trades and wait for the market price to go up again. If it doesn’t go up by 2 4H bar, which is the 3rd 4H bar. We cancel all trades.