Hello Friends,
Is there any Trademanagement EA which can perform the following task.
This is similar to Pyramiding.
1. Enter 1 lot(E1) with SL 30( SL not constant , which is set by me) ----> -$300
2. Price move 20 pips in our favour – SL moves to BE – TP- 0.2 lot ----> +40+0=$40
3. Price move another 20 pips – Add 0.4 lot (E2) – SL for (E2= - 20) , SL for ( E1 = BE+ 20)-----> (40-80+320=280)
4. Price moves another 20 pips – Add 0.2 lot ( E3)- SL for (E3= - 20, E2=BE, E1=BE+40)----> (40-40+0+560=560)
5. Similarly add half the lot from previous entry or after this move only the SL till it gets hit.
Once we reach the 20 pip then our trade will be a free trade
E1, E2 E3 are entries for new positon.
Thanks in Advance,
Logesh
Is there any Trademanagement EA which can perform the following task.
This is similar to Pyramiding.
1. Enter 1 lot(E1) with SL 30( SL not constant , which is set by me) ----> -$300
2. Price move 20 pips in our favour – SL moves to BE – TP- 0.2 lot ----> +40+0=$40
3. Price move another 20 pips – Add 0.4 lot (E2) – SL for (E2= - 20) , SL for ( E1 = BE+ 20)-----> (40-80+320=280)
4. Price moves another 20 pips – Add 0.2 lot ( E3)- SL for (E3= - 20, E2=BE, E1=BE+40)----> (40-40+0+560=560)
5. Similarly add half the lot from previous entry or after this move only the SL till it gets hit.
Once we reach the 20 pip then our trade will be a free trade
E1, E2 E3 are entries for new positon.
Thanks in Advance,
Logesh
Last edited:
