Hello fellow traders,
I would like to ask your help to solve an issue about an EA I use recently.
This EA trades pairs EURGBP and GBPUSD, both of them in timeframes 5min and 4hr.
The basic strategy of these EAs is to open at start positions in 5 min timeframe according some trading rules and indicators in both directions (sell and buy) hedging each other.
After using this strategy and EAs in a real account for some months now I realized that there is a very strange issue specifically in EA trading the pair GPBUSD in 5min timeframe.
I explain you…
Although the EA opens normally SELL trades in 5min timeframe in GBPUSD pair, it is impossible for the same EA to open trades normally in opposite direction (BUY trades). Every time at which it opens a BUY trade in this pair it closes the trade almost immediately after just some seconds with a small lose or rarely in a small gain cause of volatility movements. This situation happens every time in BUY trades with no exception. I also tried different brokers like ICMarkets and FXOpen and it happened the same.
When EA opens a BUY trade in that pair they are also appeared all the time in Journal of MT4 a lot of failing messages (like off quotes or invalid parameters).
The paradox of this situation is that the same exactly EA which trades pair EURGBP in 5min timeframe works perfect opening trades in BUY direction without any issue at all. To prove to myself the abnormal situation in BUY trades only in GBPUSD pair I used the same exactly EA which trades pair EURGBP in 5min timeframe to the GBPUSD pair in the same 5min timeframe and it happened again unfortunately the same failed result as I mentioned above.
In conclusion I think that there is some issue in working way of this EA which has relation only in trading the BUY trades specifically for pair GBPUSD and ONLY.
I would like to ask you to take a look in these EAs and use your experience to find out why it is happening this issue in trading BUY trades only in pair GBPUSD and if possible to fix this. I trust your experience and ability to find a possible solution to this issue.
To check the above by yourself and for any occasion look at EAs (attachment) of all pairs and timeframes 5min and 4hr, some random photo of MT4 journal to have complete idea about issue I mentioned above and photos of statistics of my account to myfxbook to have a more complete view about this situation. Feel free to ask me anything more you think that you will need or help you to your research of fixing this EA.
Finally I would like also of you if you could fix the RISK parameter to this EAs cause as it is now, is impossible to adjust the risk in decimal value (like 0.5, 1.2 etc) and is possible to use only integer (like 1, 2 etc.)
Waiting to hear your news soon…
Thank you so much in advance for your time and help.