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| | |-+  How to manage unbooked loss?
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Author Topic: How to manage unbooked loss?  (Read 3699 times)
jerry
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« 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
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« 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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jerry
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« 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
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« 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".

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jerry
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« Reply #4 on: December 19, 2009, 03:51:37 am »

Thanks Aeron Support for explanation.

regards

Jerry
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Matthewbrown
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« Reply #5 on: May 09, 2011, 03:58:56 am »

I like you suggestion.
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