Yes i understand the concept of EA. These are some thing i have implemented:
1. EMA 1 minute 50 period to detect trend
2. Remove OpenTime logic
3. Fix number of total order (default is 1)
4. Fix trailing logic
5. Using Tick ATR (period = 1000 ticks by default), If volatility between current tick (1001) - last tick (1000) > ATR value * 10 => Strong volatility
-> If current bid price > EMA and Strong volatility => BUY
-> If current bid price < EMA and Strong volatility => SELL
But i have some problems with Stop Loss. I am using volatility between (current tick (1001) - last tick (1000)) * number to set Stop loss value. But maybe its too close so almost orders will hit SL. Sometime the SL cannot be set. Maybe due to the SL is too small.
So i try to use ATR(1 minute) to set SL. But its still not efficient.
Do you have any suggestion for Stop Loss and the others?
I can give you some open htfs if you want to see ,, for stop loss code formula ,, maybe ,,
stop loss draggin maybe
I have many stop loss ideas but now with your update,,, I don't know how much you lowered the dd ,,,
I close on the quantity point retracement
always however that it has at least gone in breakout
always put an additional emergency stop loss
you immediately understand if you hit the mark
within 15 20 seconds it must be in gain
It does NOT have to be hft stupid millions of crazy orders !!!
some EA simply put minimum time between order and the other
you can put minimum points to open another order
and you can also put only one option side
but first of all we have to focus on open
have you done the average point / sec from open??
maybe that is also good for filtering the big bar movements
you must have two trailing stops (or closing systems) and try to let it run until the end of the big movement
the first one activates after a while and puts in protection (a be that activates after xx points of gain and remains there) the second one on a retracement or atr or other but we must try to keep it open as much as possible so the initial part, the most delicate, will be like a crawling BE that defends the order in a small gain the other closure we do with other values
repeat
what i was saying draggin stop loss
stops near the order and lets the price run
if we are lucky we will close with a big gain work
if we are unlucky we close with a small gain ,but we are free to open a second order later
PM