Had a thought. Not sure if this would be a good idea, but will throw it out to see what the rest think. Eventually trades will go up and down and what was up +100 can during the course of time go back -100 and then back +200. With all the nice stuff that Steve has in the Simone ea it is looks like it is doing a good job finding the right entry points. What I was thinking was would it be possible or not worth it to have a function added that looks at each trade at each candle and see if it is in the - range to move the sl automatically to the next r or s level automatically. So if you had a long trade at 1.73669 for example and the S1 is 1.72868 then the ea would set the sl automatically to 1.72868 and keep on adjusting the sl automatically?
Would this cause too much of a dd because at what point do you stop autoadjusting and just take the loss?
Vince
Would this cause too much of a dd because at what point do you stop autoadjusting and just take the loss?
Vince