Was coding a scalping-strategy this weekend (as hobby project) & ran on offline chart.
The best part I think is, it puts stoploss for every-single trade( even before they are opened).
I take risk-management as "rule of thumb"-- no stops, no trading.
spread for eur/usd was realistic (0.5pip)
for 3 day's worth of data, it generated 161 trades. Drawdown was limited to 3.7%(throughout the trading) & it gained 1.07%.
The best part I think is, it puts stoploss for every-single trade( even before they are opened).
I take risk-management as "rule of thumb"-- no stops, no trading.
spread for eur/usd was realistic (0.5pip)
for 3 day's worth of data, it generated 161 trades. Drawdown was limited to 3.7%(throughout the trading) & it gained 1.07%.