DislikedHi Toothman,
I have not yet seen a level 4 trade but then I changed the settings to a tp figure of 4 for a lot size of 0.02.
I have now changed my settings to try to force the ea up to level 4 and higher by increasing the tp to 15 and I will see if I get any odd re-entries.
I am also running it on usd cad and usd jpy - making demo pips on these currencies but the ea needs watching and turning off at certain times. Backtesting shows that there are the very occasional runs that do not reverse on these two currencies.
Regards,Ignored
Your TP is only 4? How is it working for you?
I believe I have 30 TP and 30 SL and it is doing OK...
I guess I am greedy. So far after 2 full days, I am up EUR/USD of 83.00 using .01 as my starting point for the Martingale.
I can survive that to 7 levels no problem.
I will try it on other currencies as I wonder if it works as well? Very interested to see your r/r ratio and how it is working for you. Lot more trades I imagine.
---ONE MORE QUESTION, WHAT IS THE DIFFERENCE OR HOW DOES IT MATTER ON PROFIT BY $ OR PROFIT BY POINTS? DOES ONE OVERRIDE THE OTHER?
We are our own best indicator.