MagicChance, if perhaps you could give us an example of how a maximum of 12 trades could end in profit then your ideas may be implemented. As you can see, most of us disagree with you!
The numerous pending orders need to be opened to compensate for when price moves the wrong way upon other orders being triggered.
I'll think about it more, but if you are right then yes, I will go live tomorrow too! (even though it's saturday!) The biggest problem I see when backtesting for any period of time is not account blow up, but losses due to the server limiting the number of pending/open orders to 200.
The numerous pending orders need to be opened to compensate for when price moves the wrong way upon other orders being triggered.
I'll think about it more, but if you are right then yes, I will go live tomorrow too! (even though it's saturday!) The biggest problem I see when backtesting for any period of time is not account blow up, but losses due to the server limiting the number of pending/open orders to 200.