Thanks, Slowly.
I think a hedge may do the trick. Hired Whip has a dog named McDougal who thinks it would need to be part of the robot to function properly. I know he has controlled risk with an aggressive ATR (3X) hedge in the Beast. Kill off the ugly critters in a hurry, and let the other trades make the profits. I have tried it and think it is great. The beauty of that is that the robot will fly on its own, with the ATR sensing when the trend has made a shift, warranting action. For now, I am going to employ the Multipurpose Trade Manager hedge, to see if will handle big moves, like that of the GBP/CHF today. Pippopotamus had suggested some sort of hedge between the bands, but did not explain it. The GBP/CHF setof trades just closed without any help.
Best regards, Glenn
I think a hedge may do the trick. Hired Whip has a dog named McDougal who thinks it would need to be part of the robot to function properly. I know he has controlled risk with an aggressive ATR (3X) hedge in the Beast. Kill off the ugly critters in a hurry, and let the other trades make the profits. I have tried it and think it is great. The beauty of that is that the robot will fly on its own, with the ATR sensing when the trend has made a shift, warranting action. For now, I am going to employ the Multipurpose Trade Manager hedge, to see if will handle big moves, like that of the GBP/CHF today. Pippopotamus had suggested some sort of hedge between the bands, but did not explain it. The GBP/CHF setof trades just closed without any help.
Best regards, Glenn