Topic: break even

there is problem with break even working can you adivce on the matter

Re: break even

I think you will have to post a pic or else your strategy so that the problem can be known to the developer.

Probably best that you post the strategy file so that he can work with it and duplicate the error.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: break even

Author's Description
This strategy is for demonstrational purposes only and real-time trading is not advised.

The SMA Crossover strategy trades long and short based upon 2 simple moving averages crossing each other. When the fast SMA moves above the slow SMA the strategy buys. When the fast SMA moves below the slow SMA it sells.

The strategy is only in the market based upon one signal at a bar. The actual trade happens at the beginning of the bar following the crossover.

The strategy uses Stop Loss and Take Profit and it is in the market part of the time until SL or TP are triggered. The Stop Loss and the Take Profit are initially set to 1000 pips deviation but you may adjust them freely. If your broker quotes 5 digits for EURUSD or 3 digits for USDJPY, you have to add one 0 to the SL and TP making them 1000 pips.


Generated Description
Opening (Entry Signal)
Open a new long position or add to an existing position at the beginning of the bar when all the following logic conditions are satisfied:

MACD* (Exponential, Close, Exponential, 26, 12, 3); the MACD line rises; and
the RSI* (Smoothed, Close, 14) is higher than the Level 42; and
Moving Averages Crossover* (Close, Exponential, Exponential, 3, 9, 0, 0); the Fast MA is higher than the Slow MA; and
Not defined.
Open a new short position or add to an existing position at the beginning of the bar when all the following logic conditions are satisfied:

MACD* (Exponential, Close, Exponential, 26, 12, 3); the MACD line falls; and
the RSI* (Smoothed, Close, 14) is lower than the Level 58; and
Moving Averages Crossover* (Close, Exponential, Exponential, 3, 9, 0, 0); the Fast MA is lower than the Slow MA; and
Not defined.
Closing (Exit Signal)
Close an existing long position at the end of the bar when the following logic condition is satisfied:

MACD (Exponential, Close, Exponential, 26, 12, 3); the MACD line crosses the zero line downward.
Close an existing short position at the end of the bar when the following logic condition is satisfied:

MACD (Exponential, Close, Exponential, 26, 12, 3); the MACD line crosses the zero line upward.
Handling of Additional Entry Signals
Entry signal in the direction of the present position:

Add to the position regardless whether it is at a profit or loss. Do not exceed the maximum allowed number of lots to open.
Entry signal in the opposite direction:

No modification of the present position is allowed. Cancel any additional orders, which are in the opposite direction.
Trading Size
Always trade a constant number of lots.

Opening of a new position - 0.3 lots.
Adding to a position - 0.3 lots. Do not open more than 3 lots.
Permanent Protection
The Permanent Stop Loss limits the loss of a position to 50 pips plus the charged spread and rollover.

The Permanent Take Profit closes a position at 50 pips profit reduced with the charged spread and rollover.

The position's Stop Loss will be set to Break Even price when the profit reaches 30 pips.

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* Use the indicator value from the previous bar for all asterisk-marked indicators!