double currentDD = (AccountBalance() - AccountEquity()) / AccountBalance() * 100; if(currentDD > MaxAllowedDD) CloseAllOrders(); return;
extern int TickFilter = 5; // Process every 5th tick int tickCounter = 0; void OnTick() tickCounter++; if(tickCounter < TickFilter) return; tickCounter = 0; // EA logic here fxob ea
FXOB supports partial fills. Your EA must track the OrderFilledVolume and adjust position management accordingly. 3.4 Tick Management To avoid overloading the CPU on FXOB’s high-tick environment, use: In the fast-paced world of Forex trading, automation
Introduction: What is FXOB EA? In the fast-paced world of Forex trading, automation has become the gold standard for consistency and efficiency. Among the myriad of Expert Advisors (EAs) available, the term FXOB EA is gaining significant traction. But what exactly is it? int minStop = MarketInfo(Symbol()
int minStop = MarketInfo(Symbol(), MODE_STOPSLEVEL); if(OrderStopLoss() - OrderOpenPrice() < minStop * Point) // Adjust stop loss
The bridge’s liquidity varies by session. An EA optimized for London open may lose money during Asian session due to thinner order books. 7.4 No Heartbeat or Keep-Alive Logic If the EA disconnects (e.g., VPS reboot), it may not recover positions. Implement a OnInit() routine that restores previous trades using OrderSelect() . Chapter 8: FXOB EA vs. Standard EAs – Head-to-Head Comparison | Feature | Standard EA (Market Maker) | FXOB EA (ECN Bridge) | |--------|---------------------------|----------------------| | Execution speed | 100–300 ms | 20–50 ms | | Spread | Fixed (1–2 pips) | Variable (0.0–0.5 pips) | | Commission | None (built into spread) | Separate (e.g., $3 per lot round trip) | | Requotes | Frequent | Rare (only in extreme volatility) | | Hedging allowed | Depends on broker | Yes (unrestricted) | | Scalping friendly | Usually not | Yes | | Minimum deposit | $100 | $500 (ECN account) | | VPS requirement | Optional | Highly recommended |