The only trouble I see with the idea is that FB works of a price channel therefore any movement outside that channel by a predetermined percentage will trigger the ea.
Therefore in a ranging market (70% of the time) it works well as we all know.
maybe if we use the information in the top corner (trending Up) to close all positions untill the market starts ranging again.
In my case FB made some 350% return in 7 weeks. if I had close all positions at the start of the move to a trend sure I would have lost some money but I would have been able to start it again when it returned to ranging.
Just my thoughts....
Glenn.
Therefore in a ranging market (70% of the time) it works well as we all know.
maybe if we use the information in the top corner (trending Up) to close all positions untill the market starts ranging again.
In my case FB made some 350% return in 7 weeks. if I had close all positions at the start of the move to a trend sure I would have lost some money but I would have been able to start it again when it returned to ranging.
Just my thoughts....
Glenn.