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Forex Forum
FAQs & EA settings
Aeron EA settings
How to manage unbooked loss?
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Topic: How to manage unbooked loss? (Read 13728 times)
jerry
Gold-Pips
Posts: 3
How to manage unbooked loss?
«
on:
December 19, 2009, 01:14:32 am »
I'm trialling Aeron EA. Very often, it is opening and closing Buy/ Sell positions. However, sometimes, there is a trade that loses and does not get stopped out.
For example after It has opened one buy position, the market shows opposite trend then it opened another buy position.
Am I doing something wrong?
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aeron
Global Moderator
Sr. Member
Posts: 71
Re: How to manage unbooked loss?
«
Reply #1 on:
December 19, 2009, 02:25:26 am »
Dear Jerry,
Aeron EA is based on Martingale technique. So when rate goes against the opened position, it will not stopped that in loss, it will open another position in same direction to average that. Finally all positions will be closed booking good profit.
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Aeron Support
support@aeroninfo.com
jerry
Gold-Pips
Posts: 3
Re: How to manage unbooked loss?
«
Reply #2 on:
December 19, 2009, 02:42:59 am »
Ok. Then another position is opened after how many pips difference?
How many positions can be opened by EA in one direction?
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aeron
Global Moderator
Sr. Member
Posts: 71
Re: How to manage unbooked loss?
«
Reply #3 on:
December 19, 2009, 03:46:04 am »
Dear Jerry,
In default settings another position is opened after, atleast 75 or 75+ pips. However you may set minimum number of pips between two positions in same direction in "PositionGap".
In default settings 10 positions can be opened in one direction during averaging. However you may change this by setting "MaxTrades".
Aeron Support
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Aeron Support
support@aeroninfo.com
jerry
Gold-Pips
Posts: 3
Re: How to manage unbooked loss?
«
Reply #4 on:
December 19, 2009, 03:51:37 am »
Thanks Aeron Support for explanation.
regards
Jerry
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Matthewbrown
Gold-Pips
Posts: 5
Re: How to manage unbooked loss?
«
Reply #5 on:
May 09, 2011, 03:58:56 am »
I like you suggestion.
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