DislikedPlease explain this--
Math and multipairs has been making more sense to me for a while.
Yes - Tp is always a problem -- Almost every week(1day of the week) you will get 100-200 pips move in 1 direction- this you need to capitalize on
thanks for your inputIgnored
What I have been doing with math and multi-pairs is a complete different angle only for "automatic" trading and totally unrelated to your proposed system ...perhaps my point in mentioning it was attempting to save you time in trying to find a perfect "mechanical" TP for yours. They do not exist. All come down to the "discretion" you could use to make a strategy going from Break-even to profitable.
Just trying to pass final results of thousand of hours of back-testing automatic systems.
I don't know about the indicator you are using ... but from the chart is your first post , it seem to me that would be ok to let the positions run until an opposite signal is triggered. But close only the position in profits.
example... in that chart you show 5 signals .. 3 sells and 2 buys ..rt?
sooo.
enter short in 1st signal.... enter long in signal 2, close the sell because is in profit. enter short in signal 3 ... close buy because in profit. Enter long in signal 4.. leave the sell open (it seem in BE or in negative) Now your are fully hedged. Enter short in signal 4.. leave the sell and the buy open (seems that none of the 2 have profits...
at that point you net is +1 short.
From there you could go 2 ways: Close the previous sell when the price was around 1.0525 (first up bars) .. fully hedge egain. Or simple wait until the next signal an close one with profit. Never keep more then +1 net between the buy and sells . Never close positions with little pips. (make it worthwhile).
I would assume that soon or later your equity would show increase and you could close ALL if you have too many positions.
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