Reply To: Description of Midnight EA

Forums Strategies and Expert Advisors Midnight EA Description of Midnight EA Reply To: Description of Midnight EA

#4922
Avatartonyvan
Spectator

@davidbarbi69 wrote:

From Dave test I regret to note that large losses concern trade closed the next day. In this regard, I and others had already suggested to consider the possibility of closing all orders before the opening of London and other European sessions.
The problem in fact seems to materialize with brekout the next day:
– If the breakout is in the direction of trade, it closed with a small profit
– If the breakout is in the opposite direction of trade, it closes in SL with a large loss
My feeling is that the closure of all orders before breakout will solve the problem. Probably the % of winning trades will reduced, but the balance is expected to improve
Dominik please, could you test it?

A good idea! I think the same.