With this new logic, the EA started cutting off losing positions, if it works then DD% will be under control.
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Disliked{quote} Yes, I think it is easy to implement, the losing positions are main cause of equity drawdown. From the day one the EA should take care of the losing positions. I have tried few tricks before but not much success yet, seems this one will work.Ignored
Disliked{quote} Equity is more important than balance. Therefore cut off the biggest loser(s) against the biggest winner(s). Even if you end up break even. But otherwise you will risk that the gap between Balance and Equity grows bigger and bigger, until you eventually get Margin Call. Other than that: Respect for your work and this thread from a fellow EA developer. Wishing you good luck and all the best! I'm also working on something which has amazing Backtest results (using 99.9% Real Tick Data Quality, variable Spread and Slippage) and...Ignored
DislikedBelow are the latest updates on the RekonX EA. Buletted point is - I wanted to reduce the gap between balance and equity, this is the key to sustain for a longer run. Please review GBPJPY trades and share your comments. https://youtu.be/ppVDFX_yYDI https://youtu.be/fS7f87F7zy0Ignored
Disliked{quote} The end result is quite obviously good but on the technical side the sharp ratio would not be good. Risk reward is the problem I see. Easy to point out problems - fixing them is by far the difficult part. Not knowing the logic it's hard to point to a solution - however, it seems to me that there must be a way to let some of the winning trades run much further?Ignored