Disliked{quote} I do not use a SL. Any position that is closed for a loss is done manually. I use a TP of 10 pips for each pair. I do not use TP for the total basket of open positions. I do not use the grid function of the EA. I will occasionally open additional positions on a pair but I do so manually and when the pair is down -100 pips or more and I believe that a reversal is likely. I have only done this 3 or 4 times and managed to salvage a break even or small loss from a potential big loss.Ignored
The lower profit of 10 pips is smart when trading so many pairs. I'm currently running it on the GBPCAD and AUDCAD m30 with a TP of 25 pips using a grid. I'm also using my Close All EA for when multiple trades are in on both the AUDCAD and GBPCAD.
The forward test hasn't been running long. Started on 10/24/19. Still, it's up +1% during this short period. This forward test has the long-term in mind. It's running on a lower leverage account of just 50:1. Profit potential is 1-4% a month.
I'll be posting the forward test here soon...