Forex Forum
How manually control the EA
Quote from Rob on 18/10/2023, 10:07I am still a beginner and learning. The EA works very well and return stable profits daily. I am trying to learn more and more about how the EA works, what the parameters do and how to respond to the market. But I having some trouble with controlling the EA.
90% of the time the EA works perfectly, but 10% of the time you have to intervene to prevent DD. For me, I find it difficult to determine when to intervene.
If a pair just keeps going up/down and doesn’t come back, you get into a big DD. Just how do we deal with this? How do we make sure we turn off the bot in time and close positions? Do we monitor every chart? Or only the positions that are doing badly?
I would also like to hear your experiences, how you manage the EA. So that we can learn from this together.
I am still a beginner and learning. The EA works very well and return stable profits daily. I am trying to learn more and more about how the EA works, what the parameters do and how to respond to the market. But I having some trouble with controlling the EA.
90% of the time the EA works perfectly, but 10% of the time you have to intervene to prevent DD. For me, I find it difficult to determine when to intervene.
If a pair just keeps going up/down and doesn’t come back, you get into a big DD. Just how do we deal with this? How do we make sure we turn off the bot in time and close positions? Do we monitor every chart? Or only the positions that are doing badly?
I would also like to hear your experiences, how you manage the EA. So that we can learn from this together.
Quote from Darryl.T on 20/10/2023, 08:10That is the same question for me. Im still learning too. And i enjoy test this EA. But i also know there is a moment i have to manual trade but i dont know when, how and where.
That is the same question for me. Im still learning too. And i enjoy test this EA. But i also know there is a moment i have to manual trade but i dont know when, how and where.
Quote from Support@fxpip.one on 20/10/2023, 08:27Manual Control . Only one rule work: to close some minus need to close some pluss from new orders
- if EA placed many orders and price do not make profit and you traded without LastTP + Overlap – need to ON it. And if will be range EA will use profit from new orders last TP to do Overlap and reduce drawdown and margin because of eating old orders by new profit , important question that market must give this new profit!
- new profit can be done also with placing some manual orders with any other magic numbers (not same as EA have buy:1000-1999 sell:4000-4999 ). Once new profit reached you can close your manual order profit manually and EA will use additional balance in Overlap.
- you can also keep your manual orders in profit as long as you wish too if they continue grow profit. Intime EA will close all orders at account once target will be reached from MQL5/File/Fxpip
Manual Control . Only one rule work: to close some minus need to close some pluss from new orders
- if EA placed many orders and price do not make profit and you traded without LastTP + Overlap – need to ON it. And if will be range EA will use profit from new orders last TP to do Overlap and reduce drawdown and margin because of eating old orders by new profit , important question that market must give this new profit!
- new profit can be done also with placing some manual orders with any other magic numbers (not same as EA have buy:1000-1999 sell:4000-4999 ). Once new profit reached you can close your manual order profit manually and EA will use additional balance in Overlap.
- you can also keep your manual orders in profit as long as you wish too if they continue grow profit. Intime EA will close all orders at account once target will be reached from MQL5/File/Fxpip
Quote from Support@fxpip.one on 29/01/2024, 12:16Quote from Sukumar on 29/01/2024, 12:07hi alex can you add max oder in input it can manually control DD
You have to post it in MT4 section )
In MT5 EA we have MaxLotRisk and MaxTrades
In MT4 i will add tomorrow and update
Quote from Sukumar on 29/01/2024, 12:07hi alex can you add max oder in input it can manually control DD
You have to post it in MT4 section )
In MT5 EA we have MaxLotRisk and MaxTrades
In MT4 i will add tomorrow and update
Quote from Support@fxpip.one on 28/02/2024, 17:48Quote from Sukumar on 28/02/2024, 17:41hi alex possible add time start trading and end trading it will help to reduce dd
please explain how it can help reduce DD? )
Quote from Sukumar on 28/02/2024, 17:41hi alex possible add time start trading and end trading it will help to reduce dd
please explain how it can help reduce DD? )
Quote from Support@fxpip.one on 28/02/2024, 17:56Quote from Sukumar on 29/01/2024, 12:07hi alex can you add max oder in input it can manually control DD
you talked about MT4 or MT5 EA ? its in MT5 section . Did i added Max Order in MT4 or MT5 ?
What is max order ? Its Max Trades or Max traded Lot size of EA ? not clear what you mean
Quote from Sukumar on 29/01/2024, 12:07hi alex can you add max oder in input it can manually control DD
you talked about MT4 or MT5 EA ? its in MT5 section . Did i added Max Order in MT4 or MT5 ?
What is max order ? Its Max Trades or Max traded Lot size of EA ? not clear what you mean
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