I actuly want now to break it and analise the break points, try to avoid them...
I don´t have a setup. That´s the missing point on my EA. All i have is the MM strategy. Basicly i built it to go from $1000 to $1 Million in about 200-250 trades (smal TP). Entry is now discrecionary, so i set EA to just go long or short as i want to. But, if there is a patern 99.9% correct, i´ll use it.
We shall not forget that we can randomly go long or short 5-10 pips TP, using a 200 SL and be >80% correct all time. If we use TP <= 5 pips we will be correct over 90% time. So, the problem here is.. the 10% where we will fail and the huge number of trades we have to be correct.
A perfect setup (about 99.9%) will take care of the 10%, the rest is MM and opening several accounts with profit. When we reach some profit level we open a new account that starts from zero, and we do it sistematicly. Even after some accounts blow, at certain point the $1 Million will be reached.
Is it clear how i´m trying to implement this?
I guess a better way to do it simply reduce your position size, relative to total margin, as your account grows. So at $1000 we risk 50%, at $2000, risk 40%, etc. This gets rid of the hassle of managing more than one account. Also, it would allow you to have more than one trade simultaneously in different pairs, if a situation like that were to happen.
