DislikedA good idea will be to remove an x amount of money from your account every y months, so that if the death trade happens you don't lose everything.Ignored
Saidar - unfortunately that won't really help. It is no different to running a max SL percent. This is what Roundrock has coded for us. So while we look to limit the DD through various mods- we at least have the assurance that their is a 'death trade escape parashute'.
The best way to use the overall max SL percent function (or what ever Roundrock has called it) is to establish what sort of average risk we are getting and set the max % SL at greater than, say 3 standard deviations away..... the only trouble is we have to rely on faulty MT5 for an approximate idea of what constitutes less than 96% of all Draw Downs. But this would be better than nothing - so please keep at it Saidar for your analysis.
But would help to know over what time was your equity curve running, and what was your risk (MMTU, Account size, leverage). Also can you calculate the max DD figure that incorporates ~96% of all DD's in your sample period??
Thanks
Tim