Hello Community, l was wondering if anyone currently has this kind of set file for the EA;
Step 1:
Step 2:
That is basically it, either PRICE hits its initial TP or it reverses and vice-versa. I apologize if it all seems too rudimentary and yet here l am; l actually tinkered with the EA but to no avail, l just cant seem to make it work.
Thank you for taking your time to respond. l will be taking a look at the zigzag indicator immediately.
BTW, am l allowed to mention a different EA in our community? l am pertaining this https://www.mql5.com/en/blogs/post/727512. (l tried the free version; where you cannot adjust distance of the Stops and TPs.
For the meantime, to the zigzag l go.
EDIT: l just read upon the zigzag. On the thread topic setup; there is no hedge nor grid, just the swing of the price. Tight stop orders and TPs, considering how volatile gold is, either direction is a profit (in theory), albeit too small.
Have you read in the zigzag documentation all the types of filters it has?
https://docs.google.com/document/d/1ww1M97H54IBwtCKZDhxtqsTsrtEMKofXHMEWMGCyZNs/edit#
I did not understand ur idea.
But have u tried Zigzag indicator available on CP?
Thank you for taking your time to respond. l will be taking a look at the zigzag indicator immediately.
BTW, am l allowed to mention a different EA in our community? l am pertaining this https://www.mql5.com/en/blogs/post/727512. (l tried the free version; where you cannot adjust distance of the Stops and TPs.
For the meantime, to the zigzag l go.
EDIT: l just read upon the zigzag. On the thread topic setup; there is no hedge nor grid, just the swing of the price. Tight stop orders and TPs, considering how volatile gold is, either direction is a profit (in theory), albeit too small.
Paul,
Try Directional change filter + Apply martin after closed loss