sorry for the late response, for the test i made, on London open, hit 6 times level 4, 2 losses, 4 wins. It's like you said, if it hit stop loss at level 4 once per month, that's fine. We will all be in profit.

That's the thing, the spread is only visual on a sell order not on a buy order, example, I sell at a price market ( Bid ) the price that appear is the Bid, but what it counts is the Ask price, so you start at losing 0.8. So if i hit Stoploss on my ...

That's exactly what i see on my broker chart, it hit takeprofit on level 4, but my backtest closed at 1.29386 52min before that. So should i really trust on backtest?

Paracelsus Can you check me something on your broker, on September 08, at NY open, what was the signal from the last M5 candle and where it move ? The reason is, on my back test on that date it hit the level 4 at a loss, but by manual looking, the ...

So i was checking this idea on 09/10 and what happen was, LO10 will hit tp only on 4 level.. it would have saved me yesterday but the risk is the same, i believe. I change my EA to have an option to go with the last M5 candle, so for now i'm going ...

you have to keep the same as for tp and st. if you open a trade at 10 st 5 tp, if you losse one, how you will open the next ? this is compounding, if a trade hit stop, you need to win the next one for double the profits, you can stay with the same ...

I had a little of back testing, what i understand is, if you target for 15, or 20, both on TP and SL you will get trades for some days, since the market as to move more than 20 pips a day, so you will have swap and you will not open another if it ...

@Paracelsus, i believe you have explain everything nicely, and that's it, probability game, just hopefully with less loss possible. as for this monday, london session a winner on the first, let's look at NY now..

You didn't catch the news ? on my broker there was a gap of 31 pips on 1M chart.. that's how i catch 3x the 10 pips

NY open was way way to good today.. instead of 10 pips i made 33pips. But this could be alot worst if it was the 4º trade and go on the opposite.. btw i think it only worked because i got no off quotes, manualy it could be done with some pendings.

that's right.

I start with a buy, and got hit on st, if i had a sell, it didn't hit tp because of spread.. i'm on my third trade now ---- done for the session, 3 trades start with buy, but had to make it manual, my 3 trade got off quotes with the EA.

I believe that's why we should test and talk about it and find a way that could work. Every strategy can blew up an account, the only way is trade only at one lot size, manualy and 1 trade at the time and win more then you lose. But we are talking ...

When i start testing my idea and this one, without a max stop lot, it doesn't matter if you start with 1k account or 1 milion account, you still have max lot size and if you going do double up until you win, you will be stop out after 13 consecutive ...

it makes sense, i think..

hello all, i'm not an expert in trading forex, but i already thought someting like your system, don't know why but for me, if i open a buy and it loss, then i open another buy with double the lots, but soon as i think of this, i see no potencial... ...

So i believe that your broker is really diferent from mine, EU not trigger, lost on AU & GU.. lost on 6 pips and also on 10 pips. what was your price on the open of 09/4 ?

only UC will help now.. let's see with way will it break

So today it already start, 4 trigger, 3 loss 1 win. Pairs i'm testing, EU, GU, AU, UC the same from the first post and EJ, EG, all with 6 pips stop and profit. So for this week, i'm in red, 4 loss 2 wins. Only 1 of the losses isn't the recomended ...

Sorry to ask but, didn't the price of today on EurUsd ( 2/09 ) was above month and week ? is it a server time problem, maybe ? i only had a win on UsdChf, all the other pairs, the pendings didn't came active.