I have been testing the Expert Advisor for several days, there are many questions that I have accumulated. The strategy with the autoscanner of the market was postponed for those times when the market will be more volatile. Now I'm trying to combine some cryptocurrency pairs that are available from my broker. But apparently you need to tweak some parameters, I will write those that are not clear to me at this stage. I apologize in advance for my English, and I ask you not to send me screenshots and not to point to them, as I am blind and cannot read
graphic information.
$ Above which Trailing starts
If there are several pairs, then from the total profit, or separately?
$ Trail behind the current profit of the group
This point is not clear to me.
Recovery Step to Trail TP coefficient
From what it is calculated. is he multiplying something, like averaging?
Recovery Step to Trail
What sets the step, from where it starts, from "Above which Trailing starts"?
Max Recovery Groups
That's also what kind of recovery group, it's something like waiting for a market pullback for
multiple orders?
Hello,
Here are the inputs explained :
$ above which trailing starts (the trailed price must be above this) - The trail above (ie ,a trail will only be valid above this value)
$ trail behind the current profit of the group - The trail distance ,how far back the trail is from the profits equity(profit in this case because you are not trailing the loss)
$ min trail step (min trail to trail change excluding first) - 0 is off - The trailing step.Or ,the minimum change that has to be covered from the new trail level to the old (difference) .This does not apply when the first trail is activated(which only has to be above the Trail above value.
Recovery step to Trail TP coefficient (minus implied) - this will be used in the calculation of the recovery step (it auto absolutes the values so dont have to worry about entering negative or positive values).
So the Tp trail that was taken will be multiplied with this to set the recovery step for this system.
Example :
We have :
$ above which trailing starts : 5
$ Trail behind the current profit of the group : 10
$ min trail step : 3
When Equity is 15, it will lock 5.
If A = equity and B= trail
A=15 B=5
A=16 B=5
A=17 B=5
A=18 B=8
A=19 B=8
A=20 B=8
A=21 B=11
and so on
Its like calling it : Trail the trail ....
When one of the hedged side is trailed enough till the market allows it, it will wait till recovery group is triggered or not, with the logic when the Drawdown = Trailed Profit x Recovery step to Trail TP coefficient.
After the 1st recovery, the 2nd will be activated DD be x Recovery step to Trail TP coefficient .
So volatile pairs are its strongest pairs, the reason now I'm using BTCUSD vs cryptos.
Im working on adapting the scanner with cryptos too.