Disliked{quote} wheeew... does that mean you did backtest then started live? Yes, man. Backtest will never simulate some of the important factors like dynamic spread, market conditions, and you must remember that you can't depend on history data since your PC or wherever it is may not have the complete historical data. Moreover, it can't simulate the holiday events, where we wanted to click on "Stop Next Cycle" when holiday starts. {quote}Ignored
I have almost 3x equity/lot of GTSTOP and spread risk over 5 different setups.
And they do behave very diferently, after 2nd day the "start points" are completely different on each setup.
The ones with 2 limit orders and 6 limit orders cycle more and risk less, but i also have good EA action on 4 limit orders.
The one with no limit order (GTSTOP style) is stuck with a lot of orders fired, but even thou the down draw is very manageable (even less then last 2 days profits). Even if i close in loss to the weekend i will still be in profit.
But i have read the account specifications and i have a 200 orders limit. I think i will reduce now to 3 different EA on the same account.
Maybe you should try this setup in demo to watch for yourself how it behaves.
Try 3 EAs on same account. (2 limit orders, 4 limit orders, 6 limit orders)
Few limit orders
50 orders each side
50 points grid
0.01 lot per $1,500 (since its 3 accounts the trade size should be same as GTSTOP of $500/0.01 lot
$2.9 TP per 0.01 lot.
cheers