I have made a few changes to the EA, first thing is if you use the EA once you open a trade don't change timeframes or symbols. Also just have one instance of the EA running for each symbol, otherwise, you could have virtual stops opened on another chart. The EA is coded by me to work the way I want, if it does not suit you then there are plenty of other options.
Read the details about the previous version of the EA here viewtopic.php?p=1295487494#p1295487494, differences with this version is it will create virtual stops if they are not already on the chart and a trade is open, there is a moving average stop loss and the M TP button moves the take profit line closer to the current piece rather than having to scroll so far to find it.
One big advantage of the EA is that you manage many trades on the one symbol just by using one TP and one SL line.
I normally use 3 charts per symbol M1 where I have the EA and take my entries off M1 signals, M5 for longer trend and the M30 to give me the bigger picture.
I don't trade the US Symbols as the US session starts around midnight in my part of the world. So I trade JPN225, HK50 and GER30 (DAX), here some examples of the DAX, I find the 0.618 retracements and M5 200SMA is very powerful. On the charts the M5 Yellow 200 SMA is MTF and shown at the same levels on all charts.
Here is an example of price reversing 3 times at the 200SMA.
Here is a couple of my trades on the DAX M1, I find the TMA bands to be very good for profit targets except when the market is very active. Also another reversal off the 200SMA.
To install unzip the file, copy both the Templates and MQL4 folders, then in MT4 click open data folder and paste. After that just apply the XXXX V46 template, if it does not work read the instructions again.
Quite a few of the files are modified from Xard's original versions so best to keep them in the separate folder as they are.
