Geko wrote: ↑03 Jun 2017, 13:42
Here is a quick bump on Blast for one of our members who is looking for some of the functionalities which are available in Blast
At this Link there is an explanation about the 4 money management scenarios available in Blast and also an explanation about how to use some lines to calculate yur money management.
Hope it helps
Yes, that is me, and while the BLAST is an extraordinary piece of coding, I am after something basic in it's use, although within the coding it is way too complex for me.
I need an EA that can be used on any chart; I use several types of analysis, I have several Metatraders running, multiple charts, all with different horizontal lines, different text notes for each, so to apply BLAST on those just when I want to trade, won't work.
So, what I have been using, is the EA pictured, just drag in on the chart, load a preset with appropriate Risk to Reward parameters, or it's easy just to enter whatever you need in the moment.
To set a trade, drag the lines to position for the required type of trade, sell stop, sell limit, market, etc.
Lines can be right clicked for inputting exact level if required same as any horizontal line.
Then just click Sell Stop as in the example chart show. The trade shows in the MT Terminal , Lot Size has been calculated from the Presets, the stop loss & take profit lines appear.
That's it, if you want to adjust the lines for a pending order, easy to do, just drag them.
Also, you can use it to place pending orders just to see what the lot size will be for different scenarios without entering a trade, then click
I have found this to be so useful over the years and to explain why it's no longer viable is a long story; basically, it needs an update, changed account, hard to communicate with coder / seller, etc.
So as I have said, it seems so simple and yet, fulfills the need of every trader from novice beginner to veteran trader - use Risk to Reward, use stop loss, use take profit, calculate position size, it does it all
Please have a look at it and consider my request, thanks, John
2017-06-04_15-43-23.png
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