DislikedI like the concept of this system. I wonder if you guys would comment on the use of a fifo broker with this system. I use MBT and they average all of your positions. So, for example: after the initial entry the price drops 200 pips, I would place a market order and then set up the buy stop ladder with TP's back up to the initial entry and beyond as per Dreamliner's rules.
Ex:
Initial entry 1 lot @ 100.00
2nd entry 98.00Ignored
so you will need to set up a spreadsheet showing what your entries were.
you will have a position with the dreamliner system at each of the tops and one position at each entry starting with the second entry. those bottom positions are critical to averaging in the price and they have no take profit.
one nice thing about mbt is the agregate will show you what your overall position value is so when the position starts to become profitable, you will know it without haveing to do any math, but you will still need the math to know what your exit should be.