If the parameters are adjusted as follows:
First, it is necessary to specify the type of entry transaction either buy or
sell from the control panel and for example buy 1.1600 in the size of 0.01 lot
Second: Determine the target price of the first transaction, for example, at 1.1650
Thirdly, the price of the third parameter, Buy limit, is set at 1.1500
The first spot transaction is manually entered at 1.1600 (ASK) and the size of
the lot is set at 0.01 when you press OK. Enter the manual transaction immediately after setting the price of the deal and the lot and here the price of Buy limit is determined here. The appropriate value for this price to compensate for the loss if the price is reversed at 1.1649 means before reaching the target in the first transaction as mentioned to compensate the loss for the first transaction and gain a profit in the reserve transaction or the consolidation transaction = loss of the first vibration profit.
Explanation: In the first spot transaction 50 points, these points are the exit points which take the target for each transaction and the difference will be in the size of the lot to compensate the loss profit making .. Any calculation of the size of the first lot or fluctuation = 1.1600-1.1500 = 100 points
The target points for the buy limit is 50 pips (1.1550) if the appropriate lot size to offset the loss and profit = 50 points loss 50 profit points = 100 points are divided into 50 profit taking points 100/50 = 0.02 Lot Size of the transaction Enhanced and is the limit of purchase
To clarify more
The buy limit will be at 1.1500 and the lot is 0.02 and the target will be 1.1550
A detailed explanation of the scenario and movement is as follows:
When entering the first spot transaction at the price of 1.1600, the expert puts all the accounts of the lot size in the purchase limit or the pending order in the case of the first transaction reached the target 1.1650 here ends the cycle so that we have achieved profit 50 points and is closed and delete the pending order and as we mentioned The course ends ..
If the price is reversed at 1.1649 and the target is not reached, and the price is reversed, it will fall in the direction of the pending order until it reaches 1.1500. Once the pending transaction is entered, the expert will take the previous calculations to determine the second lot size to calculate the following:
100 pips First transaction loss - 50 points Redemption = 50 points * 2 = 0.02
For the second wave of the buy limit, if the second deal is reversed, it is also a loss
0.01 = 150 points
0.02 = 100 points
With 50 points profit .. Total 300 points when divided by 50 points = 300/50 = 0.06
This third volume of 0.06 is performed by the expert as soon as the price falls to 1.1500 ie when this price is reached 1.1500 the first and second transactions are in the trading position and the second pending order is placed
The limit of the purchase according to the previous equation is 0.06 at 1.1400 and is the distance specified in the control panel between the price of the entry and the order of the pending purchase limit is 100 points and sets the target for this pending transaction at 1.1450 Which is 50 pips and will remain as a reserve if the price in the second transaction reverses us (the first pending order at the size of lot 0.02). If you reach target 1.1550 here, 50 pips will be earned with the first transaction being settled and the second pending order (0.06) The session ends.
In the case of the second reflected until the deal reached 1.1400 here it enters the second commentator (0.06 according to the calculation equation above) and its target 1.1450 to compensate for the previous loss-making points and so any trade including means in the same direction lot sizes are calculated through enhanced expert Automatically.