Movement style
Trader A (Ace).
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Today,how to operate a semi-discretionary EAlet's take a look.
This is explained with a long entry example.
※SL: Stop Loss TP: Take Profit The parentheses show example prices
・Press the entry button to enter long. (Gold price: 2500)
・SL and TP are set to the arbitrary width entered in parameters. (SL:2480, TP:2510)
・The initial SL price range (2500-2480=20) falls by 10%
→ Averaging down (2498, SL:2480, TP:2508)
※ The lower and upper limits for SL and TP are the same as the initial entry's SL and TP. The same applies below.
・Subsequently, the price falls another 10% from the initial SL range
→ Averaging down (2496, SL:2480, TP:2506)
・Then, the price rises by 10% from the initial TP range (2510-2500=10)
→ Pyramid (2497, SL:2480, TP:2507)
・Afterwards, the price falls 10% within the initial SL range
→ Averaging down (2495, SL:2480, TP:2505)
・Thereafter, while the price moves, averaging down and pyramiding are repeated within the maximum number of positions held, and if any part is closed along the way, when either the initial SL or TP is hit, all are closed.
・If at any point the maximum loss or maximum profit set in parameters is hit, or you press the close-all button, everything is closed at that moment.
Short entries operate in the opposite manner.
Either way, plain text is a bit hard to understand, so next time, let's look at actual price movements on a chart screen.
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Listed item: 【FX Semi-Discretionary EA】The Ultimate Averaging Down × Pyramid Strategy
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