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If you place a Breakeven of 300 points this means that after your trade makes a profit of 300 points or more and the trade reverses direction Breakeven will place a breakeven order to protect your account from loss. The SL in the EA properties box will not change. The breakeven order will override SL price.
Alan,
Hi skaab,
Which EURUSD are you referring too? Can you provide the magic number so I can check on it?
Alan,
Where I can find the magic number ?
And the robot excuted more trades today in another and there is the same problem of the beak even.
So here is what happens. When you get an entry signal a trade of 0.85 lots is opened. No additional lots can be added when a new entry signal is given because the maximum position size is set to 0.85. Then when a reversal signal is given the lot size is reduced to 0.00 closing out the trade because the Amount to Close on reduction is set to 0.85. Since the trade is closed out when the trend reverses SL is not moved to breakeven.
Alan,
Hello, I have the same problem. No additional trade with breakeven will be opened. See appendix. What exactly is the error here?
nor does the bot recognize a trend reversal in order to exit the current trade earlier.
Is this due to the same problem? All my trades run either in the SL or in the TP.To show a screenshot of exactly how to set up the lots depends upon how you want the EA’s to function.
Alan,
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