Information
| Username: | sykorax93 |
| Member since: | 10 Mar 2024 |
| Last login: | 10 Mar 2024 |
| Status: | Active |
Activity
| Where | Created | Comments |
|---|---|---|
| Algorithms | 0 | 2 |
| Forum Topics | 0 | 0 |
| Jobs | 0 | 0 |
Last Algorithm Comments
Great tool so far. I was looking for a very similar alternative so i don't have to make my own. I know how much time goes into the creation and integration of an EA/Bot like this. Thanks for the work you've put into it so far.
However i have got a feature request which could potentially help out day & scalp traders. I couldn't find a tool which can recalculate the position size, based on the given risk percentage and a target R multiple on every market tick. This would be an extremely useful feature.
As i noticed in the latest version, once you click on any predefined R multiple radio button, the selection does not happen for real (so like the Bot is not saving the selected R multiple inside it's own state), rather it just calculates the take profit target only once when the radio button was clicked.
So the approach would be something like:
- I select my risk (percentage or dollar)
- I select my R multiple for my target take profit
- When the market moves, then the Bot:
- Remembers the previously selected stop loss level
- Recalculates the position size accordingly
- Recalculates the take profit level based on the distance between current (latest) market price and the stop loss level
I had a good position size calculator for MT5 which worked the way i described, and i'm looking for a solution like that in the CTrader ecosystem as well. Hope you're open for this feature request. I've purchased this bot, because it can be useful regardless of the feature i mentioned, but without the behavior i discribed, i still need to quickly respond to the market with two actions. I have to immediately react by hitting my desired R multiple radio button, then quickly send the order itself. Would be nice to reduce the necessary actions to be taken to a single send order action at the end.
What's your opinion on this?
Bests.
Updated to the latest version (1.65) and it is constantly popping up the update required window. I missed a trade due to this unexpected behavior. Even after updating it always asking me to update. Is the version flag correct? I don't know.