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New version of JLCO01 - JL Closed Orders

Hi everyone...
A new version of JL Closed Orders is available. No new features yet, only the enlargement of working period.
You can read about the usage here
You can download the strategy here
or add it to your JForex account going to JStore.
My first released version stops working at the end of the month.
This strategy will remain free, including future features, but you will need to update to a new version every month.
Trade well
JL
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alifari avatar
alifari 27 Сент.

Thanks for your reply to my query...... What I meant was if it is possible to show draw down in pips on each trade. For example my BUY ENTRY is 1.3050 SL 1.3000 AND TP 1.3100. After the trade was triggered price went down to 1.3020 and then reversed and hit my take profit. So my draw down in pips was 30 because price went 30 pips in opposite direction of my entry. If we have trade history of 100's of our past trades about draw downs in pips then we could tighten our future stop loss placement based on this information.

alifari avatar
alifari 27 Сент.

For example if I know that out of last 50 trades my average draw down (in pips) on trades where my take profit was hit is 35 Pips then I know that I don't have to put my stop loss 50 or 60 pips beyond entry instead I will put is 35 pips. I know this could me make in Excel Spreadsheet, but for that we need to put all the data about entry, sl, tp and check individual chart for draw down information. Just wanted to check if it could be done in JForex.

jlongo avatar
jlongo 28 Сент.

it is possible, but not with this strategy at the moment... to know what you pretend, you need to get the top/bottom price value between trade duration and do the calculations.

alifari avatar
alifari 1 Окт.

Thanks

Maria_r avatar
Maria_r 24 Окт.

+1

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