Yes. Actually the Limit order shares Lot Size, SL price, TP price with the 1st Order. However since it's open price is 50% better than the 1st order, the reward to risk ratio for it is double than the 1st order.

Simple morning hours breakout system - forward test $1000 => ?

I made it completely flexible, where you can set risk% for each of the 3 orders. This is a test on EUR/USD comparable to the 3rd test on post # 75 image Kindly use this version for testing as previous one had few bugs in stop trailing (when stop ...

Simple morning hours breakout system - forward test $1000 => ?

I will. What about the limit order ? will it be also at @ 0.75% or we leave it at 0.5%.

Simple morning hours breakout system - forward test $1000 => ?

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SketchBook - Sharing ideas on trading systems

The EA will by default tail by the high/low of the last 2 candles. If the distance (trailing stop) is less than "Min Trailing Stop" it will use "Min Trailing Stop" instead. Trailing Step is used to minimize order modification requests sent to the ...

Simple morning hours breakout system - forward test $1000 => ?

Yes. 1. The EA will check the size of the Trigger Candle, is its size (high-low) is greater than "Min Candle Size" it will use the Actual Trigger Candle. 2. If the Trigger Candle Size is less than "Min Candle Size", it will use a Phantom Candle of ...

Simple morning hours breakout system - forward test $1000 => ?

Yesterday's trade almost touched BE line but still surviving. image

SketchBook - Sharing ideas on trading systems

Back test on EUR/USD 1/1/2016 till today without additional options: image with additional options - settings 1 image with additional options - settings 2 image

Simple morning hours breakout system - forward test $1000 => ?

All details available in the thread. The files goes into Experts folder. image

Simple morning hours breakout system - forward test $1000 => ?

Early Bird : Version 2 Added Options : image Test on Yesterday's EUR/USD trade. image file

Simple morning hours breakout system - forward test $1000 => ?

This is the current status of EU trade started from post # 5. I will leave now, and keep it running.

SketchBook - Sharing ideas on trading systems

Suppose the trigger candle range is 10 pips, and our selected ATR is 20 pips, so we have a shortage of 10 pips, we split into 2 parts, 5 added to the candle high, and 5 pips subtracted from candle low, creating a phantom candle. see chart (red ...

Simple morning hours breakout system - forward test $1000 => ?

Currently : Trailing is after bar close. If you like I can make it on every tick.

A Proven Simple Strategy (2MAs, 1 RSI)

Right. I believe we should incorporate a min/max stop loss relative to each pair using ATR as Kunay suggested. And since lot size is variable and calculated based on fixed risk, I think it will give better results.

Simple morning hours breakout system - forward test $1000 => ?

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SketchBook - Sharing ideas on trading systems

I will check. If you are using the EA on multiple charts please make sure that you give them different Magic Numbers.

Abokwaik replies to PMs

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SketchBook - Sharing ideas on trading systems

Very valid points Kunay. I totally agree

Simple morning hours breakout system - forward test $1000 => ?

Visible Chart Levels Indicator. image

SketchBook - Sharing ideas on trading systems

The first EA version posted was actually trailing by last candle. This one trails by last 2 candles as per Xaron rules. file The EA can run on any time frame, just make sure you set the start time correctly. All trades/pending orders will get ...

Simple morning hours breakout system - forward test $1000 => ?