Disliked{quote} Hallo Cobra, Thank you for your input. A basket of currencies is indeed an interesting idea. In the first post, you mentioned : | The only challenge i have with it is when the broker slips my orders and therefore skips the level. Skipping a level can be | problematic as it interferes then with the sequence and ultimately with the profit. This happened in my tests today and yesterday. Especially, when price is rapidly moving around (for example because of news), the EA is not able to perform its regular sequence of orders. It is not yet clear...Ignored
The basket spread the risk and not all of them trend simultaneously. If one or two breaks out and trend like the GBP/USD and GBPJPY yesterday your basket is in profit and can be closed. The lower your brokers spread the better...
The slippage remains a problem. If you are in drawdown and a order (mutiple lots) are slipped/skipped and you are trading on a live acc, then manual intervention is the only solution in order to keep the sequence in place so that it can work for you.
I have been lucky the past month and experienced very little slippage. I have also found that the bigger the grid the less slippage.
I am currently testing another similar semi auto grid with similar characteristics and the results are very promising. Will share here after some time....stress free trading!
Never Ever Give Up!