by the way, previously i did manual and rough backtests by the rule of TP=100.
the result is as below.
[time frame: 4H]
XAUUSD 108 trades PF 1.53
EURUSD 138 trades PF 1.25
USDJPY 156 trades PF 1.80
GBPUSD 167 trades PF 1.42
AUDUSD 147 trades PF 1.18
USDCHF 227 trades PF 2.19
[time frame: 1D]
XAUUSD 121 trades PF 1.63
EURUSD 167 trades PF 1.18
USDJPY 148 trades PF 1.40
GBPUSD 131 trades PF 1.62
AUDUSD 130 trades PF 0.95
USDCHF 138 trades PF 1.50
[time frame: 1W]
XAUUSD 42 trades PF 1.52
EURUSD 49 trades PF 1.53
USDJPY 48 trades PF 1.12
GBPUSD 43 trades PF 0.85
AUDUSD 40 trades PF 1.27
USDCHF 46 trades PF 1.27
i guess that the TP=100 rule may be less good than the TP=161.8 rule.
the result is as below.
[time frame: 4H]
XAUUSD 108 trades PF 1.53
EURUSD 138 trades PF 1.25
USDJPY 156 trades PF 1.80
GBPUSD 167 trades PF 1.42
AUDUSD 147 trades PF 1.18
USDCHF 227 trades PF 2.19
[time frame: 1D]
XAUUSD 121 trades PF 1.63
EURUSD 167 trades PF 1.18
USDJPY 148 trades PF 1.40
GBPUSD 131 trades PF 1.62
AUDUSD 130 trades PF 0.95
USDCHF 138 trades PF 1.50
[time frame: 1W]
XAUUSD 42 trades PF 1.52
EURUSD 49 trades PF 1.53
USDJPY 48 trades PF 1.12
GBPUSD 43 trades PF 0.85
AUDUSD 40 trades PF 1.27
USDCHF 46 trades PF 1.27
i guess that the TP=100 rule may be less good than the TP=161.8 rule.