Vivforex » 19 Nov 2016 01:14 wrote:Chaps - the forex 'bloodbath' mentioned by Steve-O many times, involving the CHF pairs.... if that weee to happen today, in theory, how would this EA react??
I guess we would be stopped out if we were in the wrong direction.....or our 1.5% basket would simply close at a profit?
Correct?
It depends on your settings.
If you do not use TP/SL or BasketTP/SL etc then what can it do?
It is there both as daily operation if wanted or at least as one safety net in case of...
It is not bullet proof, if some pulls the plug totally then there is no EA or manual routine that can do anything...
Instead it is then more important not to use too high lotsize and not too many trades per symbol.
So in the end it boils down to your own risk analysis and what exposure you are willing to accept.
You can select the symbols you want, and you can remove the ones you are not sure about etc.
But when trade TP/SL are touched then Empty4 should react automatically.
And if any Basket TP/SL is reached then it will try to close all those trades.
I will look into other more advanced mechanisms later on but this is the current situation.
BR
Mathias
