Quote:
Originally Posted by bluto
As I had mentioned in an earlier post, this EuroX2 EA is an exact ripoff of the freely available 10Point3 EA obtainable at most Fx forums as well as it's home site @ FxS Forex - Scripts - Home. I've attached a version for you here that has a nice little dynamic stop tweak. To do what you want to do, simply attach it to a chart, enter your settings, and make sure to set the "ReverseCondition" flag to a value of 1 and.....Presto! The EA will place trades countertrend to whatever the signals are. Enjoy.  |
Thank you Bluto for posting
10points 3_dynamic_stop.mq4 expert advisior.
With no changes to it whatsoever, today I backtested it on EURUSD 1H chart in my demo account with a starting balance of $10,000 for a continuous randomly choosen period of six months and I have attached its Balance/Equity Graph. It does look good from the perspective of negligible drawdowns.
Raju.