We need to take a back step. A) What Risk Reward we are looking at/expected? 1:2 means say 50 pips SL and 100 pips TP B) Is this risk reward is going to work uniformly for all instruments? C) At what point I should set my SL or Risk? D) Should I now ...

Billytt Die happy trading e/j daily breakout

Are you using the EA from page 1 - post 1? Put some screenshots here to understand this.

Random Walk Theory applying in Expert Advisor

Method of optimizing SL and TP could be a discussion point. Fixed SL and TP not works good. I prefer, having one position till it hit the TP, closing it when the trade direction is changed. It could work well for with trend entries and helps ...

Billytt Die happy trading e/j daily breakout

I thought it was rude

Billytt Die happy trading e/j daily breakout

Here is present EU scenario - after UK open Trade direction has changed from"Sell" to "Buy" - EA has not traded this H4 because Tick Volume was not in acceptable Average Market Volume range. Whether the EA has done a right thing or wrong? Atleast it ...

Billytt Die happy trading e/j daily breakout

That is nicely summed up for all! Nothing more. We do need to brainstorm on what-if scenarios once the trade is opened!

Billytt Die happy trading e/j daily breakout

Here is latest scenario, explaining why there is no trade for this H4. image

Random Walk Theory applying in Expert Advisor

How many days after installation - no order is placed?

Random Walk Theory applying in Expert Advisor

I hope I am not hijacking Bill's thread Thanks for asking, if you have time just look at my thread at your leisure :- Random Walk Theory applying in Expert Advisor The work is under progress, EA is stable on MT5 platform, just a precuasion, ...

Billytt Die happy trading e/j daily breakout

Nice .. that $ amount is take profit & exit point. Method is Moving Avg Trends - Short & Long Term, Price actions. All are coded in the EA looks alright for now.

Billytt Die happy trading e/j daily breakout

New System Stats Win Rate 100% (win 3 | Loss 0)

Random Walk Theory applying in Expert Advisor

Closed! Each trade just $10 target. image

Billytt Die happy trading e/j daily breakout

Thank you

Billytt Die happy trading e/j daily breakout

EURUSD H4 - Trade open on Sell @1.15012 for $10.

Billytt Die happy trading e/j daily breakout

Looks the whole universe is on chart!

Billytt Die happy trading e/j daily breakout

Rekon. @ Bill & Buds - Hi!

Billytt Die happy trading e/j daily breakout

nope. It is not for mass profit I would be happy to check the win rate >80%.

Random Walk Theory applying in Expert Advisor

No Trade for this H4, reason is Volume Out of Trading Range. image

Random Walk Theory applying in Expert Advisor

The reason of holding is - it now understands the trend directions, although it was a wrong entry on oversold candle. This issue is also fixed.

Random Walk Theory applying in Expert Advisor

If you have followed so far, the beauty is - people could have closed the last position ref post #187 in loss, but EA hold the position and exited with $10 profit.

Random Walk Theory applying in Expert Advisor