Suggestion CS Engulfing EA (currency strength +PA +SR)

as i type it has opened two sell orders in eurusd..can anyone confirm??

 

LOL, great mysterium of forex

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My icmarket ecn demo account is ok now, the problem was the stdlib.ex4 i was delete from my mt4.

 

Help, writes an error in the log and loads the processor!!!

>>2018.03.27 14:21:14.367 Support Resistance EURUSD,M1: indicator is too slow, 2278 ms. rewrite the indicator, please

 

hit stoploss

 

My first orders and stop loss hit.

 

Now we will start the real work , when i shared the ea after all profit trades i was waiting for the first loss to start the real discussion not only Q&A

I know why this loss happened

Anyone of you who used or interested in my ea and used it and experienced the last loss , tell us why this loss happened and your opinion to avoid that in future if possible

 

Maybe we should increase sl to 20 and make tp 5 for example

 

Let the ea have a magic ball and when the market goes up it will buy meta and when it goes down the meta sale, in the almost previous one we lost because the market was going up and it was selling.

 

trades opened at 61 fibo level and near weekly resistance which acted as suppor look at the picture. it was good buy entry EA opened sell

 

Higher high and lower low important if we can enter when these pattern broken than its safe entry

 

The most potential to win is the engulfing out than engulfing in , while the engulfing in is more profitable but risky as ot may be happened at the turnning point ,so 1st of all turn the all engulfing in false

 

Emgulfing buy in means engulfing bar inside the zone printed on support so buy from support with reliable risk reward but may be this happened when the market turnning and will break the zone

Engulfing sell in the same but at resistance

Engulfing out is a breakout of the zone which is lower in profit amd rr but high potential to win

 

Ok if one loss entry in three weeks its not bad its still very good we have to check live for week or two

 

Taha
A new trade EURUSD sell opened and still running after I turned all engulfing in to false but I noticed the sl for them is 20 pips
Is that normal?

 

Taha

You said that the lots depended on the balance of the account. This morning I had a balance of 929 euros and opened trades of 0.06 lots. Later my balance was 939 euros (+10 euros) and the following trades that opened were 0.11 lots. Is it normal for the ea to add 0.05 lots for such a small increase in the account?

 

Can the risk be modified or/and the lot?

 

Hi taha salam
We much appreciating Sharing the EA, but in order to have meningsfull contribution we need to know the parameters. As of now we are just happy to be on the train as we have to guess the meaning of the variables

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Guys, stop loss is normal, a system that does not have stop loss is a bad system.

 

this system has SL