none. There will be only one position. Read the thread about updates. In case of trade direction change - old position will be closed before opening a new one. Hope this helps.

Random Walk Theory applying in Expert Advisor

Technically, it is going just perfect! Market non-sense were not able to disturb it much. image

Random Walk Theory applying in Expert Advisor

There has been lot of updates, so I would consider only the last two entries for Win Rate % counting, presently it is 2 out of 2 = 100% win rate. image

Random Walk Theory applying in Expert Advisor

#Scenario: Bearish image

Random Walk Theory applying in Expert Advisor

Here is another scenario, explaining EA action. image

Random Walk Theory applying in Expert Advisor

New update - Bug fixes on Price Action & Trading Please download again from page 1

Random Walk Theory applying in Expert Advisor

Put the RekonX folder in Experts. RekonX folder suppose to have one more folder "IncludeX" with all libraries. Hope this is clear.

Random Walk Theory applying in Expert Advisor

Yes, Inputs are frozen for now, not customizable.

Random Walk Theory applying in Expert Advisor

Yes the folder needs to be placed on Experts folder of MT5, EA will be using those libraries

Random Walk Theory applying in Expert Advisor

Sure. We are already using technical indicators -we know they are good for certain conditions - as soon as conditions changes these indicators start failing. So, here, essentially we have been trying to detect the changes in market conditions. Why ...

Random Walk Theory applying in Expert Advisor

Yes you can It is about minimizing Risk. So,I am not thinking about maximizing profit for this project. My criteria will be how many time it tried trading, out of which how many times it succeded. How much we can profit with this that may be ...

Random Walk Theory applying in Expert Advisor

Thats fair enough, why this is important - to filter out unnecessary trades which may occur after successful closing of first/second trade within the H4 - to stop the EA trading unnecessarily.

Random Walk Theory applying in Expert Advisor

ATR for what range? How many candles?

Random Walk Theory applying in Expert Advisor

Here is an open question to all. I would like to add one more condition in the EA trading strategy, if the present candlesize (High - Low) is X then stop trading. Question is what would be the X and what is the best way to calculate the X?

Random Walk Theory applying in Expert Advisor

I just realised that, I have not shared the latest version. Please feel free to download and test. New update - introduced Price Action & few issues fixed related to info panel and trading Please download again from page 1

Random Walk Theory applying in Expert Advisor

For the entire hour it is going to do the trade entries with only oneposition open. In case of trade direction change, it is going to close the current position and open a fresh one.

Random Walk Theory applying in Expert Advisor

So..it has closed the position in $10 and opened a new one! image

Random Walk Theory applying in Expert Advisor

Looks good image

Random Walk Theory applying in Expert Advisor

It has done few trades today, if anyone is using the EA, please share the result and observation. image

Random Walk Theory applying in Expert Advisor

Price Action & Trend Signals - when both contradicts each other, could be potential reversal of Trend. image

Random Walk Theory applying in Expert Advisor