Spread filter to be made applicable only for first trade

Avatar
Sai Pratap
  • updated
  • Completed

As of now, once the spread filter is set on EA, it does not take any trade including martingale trades whenever the spread is high.

This is ok when first entry is also restricted.

But for example, yesterday the spread was on higher side during martingale trades but not during entry price, so we might have ended not trading martingale at all and this results in higher average price.

So its better we restrict the spread filter to only the first entry trade.

Hope this suggestion can help. Thanks.

Replies 9
Avatar
2
Andrey Khatimlianskyi
  • Planned (collecting votes)

This has sense, let's do it!

Avatar
3
jagr19

I vote for this as well, the trailing stop doesnt work as well when the spread goes up after the trade is entered. a winning trade that should have triggered the trailing stop can end up in a big loss.

Avatar
0
aramabdo
+5
:)

Avatar
1
Andrey Khatimlianskyi
  • Started
Avatar
1
Andrey Khatimlianskyi
  • Completed

Done in 2.49.3 — https://t.me/CommunityPowerNews/47

Avatar
0
jagr19
Quote from Andrey Khatimlianskyi

Done in 2.49.3 — https://t.me/CommunityPowerNews/47

the trailing stop is still dependent on spread settings to activate in this version. if spread is above the setting, it doesnt follow the trade and take profit or close the trade accordingly when the trailing stop is hit.

Avatar
0
Andrey Khatimlianskyi
Quote from jagr19

the trailing stop is still dependent on spread settings to activate in this version. if spread is above the setting, it doesnt follow the trade and take profit or close the trade accordingly when the trailing stop is hit.

Yep. You can use Real SL not to filter SL execution with spread filter or use Virtual SL to apply filter to it

Avatar
0
jagr19

virtual SL with TS is affected by spread settings as well. it doesnt move with the TS if spreads are above spread limits. it doesnt make sense to disable trailing stops from working once the trade is open even if the spreads are too big. please reconsider.

Avatar
0
Andrey Khatimlianskyi
Quote from jagr19

virtual SL with TS is affected by spread settings as well. it doesnt move with the TS if spreads are above spread limits. it doesnt make sense to disable trailing stops from working once the trade is open even if the spreads are too big. please reconsider.

TS is not filtered by the spread.

Perhaps it simply does not move SL, because the corresponding price (bid for buys and ask for sells) does not move towards profit.