Topic: Max consecutive loss FSB
Hello,
Do there is any way to stop an ea After "X" consecutive loss trade ?
Maybe there is an Indicator on FSB that can do that ?
Thank you
- Popov
- Lead Developer
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Re: Max consecutive loss FSB
You can protect your account from dropping below a specified value.
Please use the "Stop trading at min account" option.
When you have a value there and your account drops below it, the expert will close out all positions and stop automatic trade.
Re: Max consecutive loss FSB
Okay, I have another question that I will ask you here,
It is normal for this M5 strategy to open trade at something like 10:02pm or 10:37pm ?
It should not open trade only at the opening of a new m5 bar ?
Thank you
- footon
- ◄≡≡≡►
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Re: Max consecutive loss FSB
Your opening point is the lower/upper band of Donch, what's bar opening got anything to do with it?
- Popov
- Lead Developer
- Offline
Re: Max consecutive loss FSB
The shown strategy opens the positions at a determined price level during the bar. It may happen at an arbitrary time.
You can see correctly the exact entry time only in MetaTrader live trading. FSB Pro shows the bar opening time in such a case because it doesn't know the exact time when the market touches the entry price. The MetaTrader backtest doesn't know either. However, MT may show times from his fictional ticks. Which, of course, e is "fictional".
- Popov
- Lead Developer
- Offline
Re: Max consecutive loss FSB
You can go to the "Bar Explorer" to see what exactly happens.
User Guide: Bar Explorer
Re: Max consecutive loss FSB
Okay, thank you!
I was thinking FSB work like EAStudio with bar opening and closing only .