DislikedDoes this handle reversals in trends or do you have to manually stop when you think market is turning around and start it when market is trending again. I have ran multiple trend EAs but they were bad when the market was turning around so that is why I am wondering.Ignored
Failing this, it will hammer close trades at a loss when it has decided that the probability of profitable escape are no longer present.
This week has been a week of reversals on all pairs traded, and this has had an impact on the overall stats, but up until now, guppy has been handling the load.
On your own personal account as with each trader, your personal manual interjection may assist you in limiting loss as well as maximizing profit. This can be done by way of trading relevant sessions with pairs, manually exiting, forcing higher profit through user parameters, cherry picking pairs and setting the Only Long/Only Short Options under the Common Tab.
When selecting Long only or Short only by your user bias, this will not force Guppy to trade against the trend, it will however force it to sit out until your bias is confirmed through the logic.
There is no market perfection, but guppy has been written to take a lot of price action into consideration. There will inevitably be a time when it misses a market beat and takes a bit of overall draw. That's trading...
GBPUSD as well as if you go through some of the other charts this week, you will see similar price action. Guppy trades into continued Trend and when the trend reverses, sits out until it sees confirmation...
Example:
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!