DislikedHere is the current results for the Eur/Usd.
The pair initiated a short trade at 09:15 GMT and closed out upon the reversal for a -162 pip loss at 16:00 GMT. New long trades were placed immediately using a multiplier of 2. Trade 1 has closed out for +66 pips (+33 x 2), leaving us with a running total of -96 pips. Trades 2 & 3 are still active at this times. Again, if we get to Target 2, we will have recouped our loss plus added +112 pips to the bank. We could possibly end up with up to +262 pips if Target 3 is reached.Ignored
Do you let the remaining trades open until TakeProfit or StopLoss is reached or do you stopped 'em out at the beginning of the new other box (or at partial profit) from your experience ?
Mer, Have you been experimenting with this strategy a lot and realize it was profitable or is this still under heavy investigation (basically asking if you trade this live)?
If I have the time this Week-End, I will modify the original EA I wrote for the original strategy and I could provide a backtest on 2008-2009-2010 with the dukascopy datasets (tick accuracy of 99%). Are you interested in me posting the backtest ?
regards,