If multiple instances of LineTrader are trying to trade the same currency pair using the same reference number then each instance will try to apply its own settings to manage the trades and results will be unpredictable. Recovery Mode LineTrader includes an advanced loss-recovery system which is designed to minimize margin requirements and swap costs during recovery sequences.
When enabled, a new trade will be opened in the current market direction whenever a stop loss (SL) occurs.
The size of the new trade is calculated (based upon the specified Take Profit distance) to recover all previous losses in the current trade sequence and to achieve the specified profit objective i. if the profit objective ea copy trader is $20 and there were 2 previous closed losses totaling $70 including swap and commission costs then the goldbull pro ea new trade will aim to close with goldbull pro ea a total profit of $90. If successful (TP occurred and all losses + target profit was achieved) then the sequence is considered complete. Minimum Loss To Recover This option allows you to specify which losses are recovered: Default SL will only attempt to recover losses is the original stop loss is ea trading strategy triggered goldbull Any pro ea loss activates recovery mode regardless of where the stop loss triggered.
Goldbull pro ea Small challenge, depending.Recovery Attempts This option allows you to limit how many times LineTrader will attempt to recover a losing sequence of trades. Recovery Lot Size Limit goldbull A recovery pro ea sequence depends on the ability to open progressively larger trades so, to prevent ea excessively-large pro goldbull recovery trade sizes, you can set a maximum value that reflects a safe choice for your account (based on its free margin and leverage) Recovery Trade Stop Loss (pips) goldbull pro ea Specify the SL distance to use for recovery trades.
To avoid the size of pro ea goldbull recovery trades from increasing too quickly, the SL goldbull pro ea distance should be less than the TP distance. Recovery Trade Take Profit (pips) Specify the goldbull TP pro ea distance to use for recovery trades. To avoid the size of recovery trades from goldbull pro ea increasing too quickly, the TP distance should be more than the SL distance. Note : LineTrader automatically monitors negative swap on recovery trades and will adjust the TP distance to goldbull pro ea compensate. x attempts) Because a recovery sequence relies on progressively-larger trades, the initial target profit ea goldbull pro can become disproportionately small when compared to the current recovery trade. 0 lot recovery trade – just 1 pip of slippage could wipe out the forex supertrend ea expected profit.
And find your way to the would’ve made only half read several of these courses you ea goldbull pro quickly pick up on the main themes, and the individual specialties. Double Bottom.Goldbull pro ea With.
Note : The goldbull pro ea recovery system treats split orders as one trade, and therefore considers the sum profit of both trades before deciding whether to begin a recovery sequence i. if half of a trade was closed at +10 pips and goldbull the pro ea remaining half closed at -5 (or even -10) pips then the trade would be considered profitable (or “break-even”) and no recovery would be attempted.
LineTrader includes a flexible system for triggering trades and orders at specific or general times by entering a date andor time in one of the following formats: hh:mm:ss will try to place the requested order every day at the specified goldbull pro ea hourminutesecond hh:mm will try to place pro ea goldbull the requested order every day during the goldbull pro ea specified hourminute yyyy. dd hh:mm:ss will try to place the requested order at goldbull the pro ea specified hourminutesecond on the specified date yyyy. dd hh:mm will try to place the requested order during the specified hourminute on the specified date. BuySell Timed At (no offset) LineTrader will try to place a market buysell trade at the specified date andor time.
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BuySell Stop and BuySell Limit Timed At LineTrader will try to place a pending buysell order at the automated day trading strategies specified date andor time. The order will be placed Market Offset pips from the current BidAsk price at that time. Market Offset (timed pending orders) This option allows you to decide how far timed pending orders should be opened abovebelow goldbull pro ea whatever current market price is at the pro ea goldbull time the orders are placed. Confirmation Pips (triggered orders) When using horizontal andor trend lines to trigger orders, this setting allows you to specify how far beyond a line that price must move before a trade is triggered.