Sir...I need your help. I would not even know where to begin. You remind me of a professor I once knew. You seem to be a teaching type of personality. But I have no inclination to learn how to code and if I did I would ask if you were available to hire. I would imagine you would have me writing code in about 40 years...but unfortunately I will probably not live that long. I just made some lucky statements that you confirmed were right, but I would not know where to add chunks of money management code to this EA.
If you think this EA would benefit (I sure would find it convenient) from this specialized type of high water mark lotsize growth then please add it at your earliest convenience as I am living with this EA and it would make a great difference in my results. I do not backtest or base my decisions on such stuff. I am a forward tester of EA's that I like and can live with. I patiently wait for improvements and someday I will yield a consistent profit on an EA....I think this is the EA that will give me consistent profit. I like the way it trades.
Enivid, Do you like this type of money management routine on an EA that can handle it without blowing up? I believe this addition will make your EA really unique and make a nicer looking, upward sloped, equity curve as long as the dealer does not tinker...
ElectricStillDreamingSavant...
P.S. May you "ATR Trailer Traders" get your exits to wait long enough to reach the
red dotted line before the
green dotted line on most of your trades....(you guys that trade this will understand what I mean about the trailing exit and the various swings required ☺) At the time of this post we are squeezing up on ATR Trailers long trade. Go man go...(EUR/USD)
P.P.S. I have not lost a penny on this marvelous EA that Enivid has shared and is something that I can consistently build up with my extra money allocated for Forex Trading. I am trading 5K Live just now and add a little bit of money monthly without worry, like a savings account. So if Enivid adds this MM to this marvelous EA my lot size will be handled automatically and more efficiently as I can not be awake 24 hrs to catch the lotsizing in time for EVERY trade. Only certain EA's would be appropriate to use this more aggressive type of money management and I think ATR Trailer would be one of those EA's that would benefit. I say this from experience, but not as a coder by any means.
Yes, it can be coded. Global variables would save that "highest reached position size" when the platform is restarted. Do you need some help adding it, or will you try to implement that on your own?