THV system v3 & THV CaveManager
Jun 14, 2012 at 19:57
3,278 Views
2 Replies
Jun 14, 2012 at 19:57
Does anyone using this THV CaveManager EA? I have few questions regarding to this EA.
1. Market Hours for THV system Version 3 seems to be inaccurate. When i look into the indicator settings itself, it seems that the GMT times for market opens are all wrong. Suppose to be like that or the maker made mistake?
2. Cave Manager EA, how does the Profit by Batch thingy works?
Let's see if anyone will answer these two questions, before i put more.. :)
1. Market Hours for THV system Version 3 seems to be inaccurate. When i look into the indicator settings itself, it seems that the GMT times for market opens are all wrong. Suppose to be like that or the maker made mistake?
2. Cave Manager EA, how does the Profit by Batch thingy works?
Let's see if anyone will answer these two questions, before i put more.. :)
Member Since Nov 11, 2009
38 posts
Jul 07, 2012 at 13:44
Hello jam3s7,
I don't know the answer to question #1 but I do know the answer to question #2.
Cave Manager allows you to set how much of your position you would like to close.
For example, if you have 2 mini lots open, you can close a batch or part of your order at TP1 and close another part or batch at T2. I believe you can even close another batch or part at T3 if you want. It is a very versatile trade management EA.
So to reiterate, you can open a 2 mini lot trade, and close 1 mini lot or 50% of the batch at T1 and another 50% at T2. If you have a micro lot account, you can even close 40% or 8 micros at T1, 20% or 4 micros at T2 and 40% or 8 micros at T3.
And the possible scenarios are endless. It all depends on your strategy and your style or trading psychology of taking profits.
Hope this all helps.
Mike
Miami, FL
https://WealthSecrets.com
http;//MiamiForexClub.com
(305) 389-0170
I don't know the answer to question #1 but I do know the answer to question #2.
Cave Manager allows you to set how much of your position you would like to close.
For example, if you have 2 mini lots open, you can close a batch or part of your order at TP1 and close another part or batch at T2. I believe you can even close another batch or part at T3 if you want. It is a very versatile trade management EA.
So to reiterate, you can open a 2 mini lot trade, and close 1 mini lot or 50% of the batch at T1 and another 50% at T2. If you have a micro lot account, you can even close 40% or 8 micros at T1, 20% or 4 micros at T2 and 40% or 8 micros at T3.
And the possible scenarios are endless. It all depends on your strategy and your style or trading psychology of taking profits.
Hope this all helps.
Mike
Miami, FL
https://WealthSecrets.com
http;//MiamiForexClub.com
(305) 389-0170
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