Quoting HendrickDislikedHi Saltcafe,
I really appreciate your contributions to this thread. Great stuff and very helpfull!! But I don't agree with this proposal. It will highly change the concept of Phoenix (Phoenix is a counter-trend EA and not a trend follower). I agree about your opnion to reduce the level of loss. But I think there are other solutions for that (read my previous post about changing the SL:TP ratios)Ignored
I'm not quite sure why you got the idea about my suggestion trying to change the nature of the EA (from counter-trend to trend following). That certainly isn't the idea behind what I am suggesting. I suspect that it must have been my clumsy way of explaining what I wanted to propose. Anyway, if you wish I may try to explain this in a different way if you wish.
BTW. I couldn't find your post about the mods to the SL:TP ratios that you mentioned. Do you recall what number it was?
Just my 2 pips worth