LCFX,

Doesn't everybody use banked balance? That does not change until you exit...and with this EA you usually exit with a profit, if you buy yourself enough time.

Each individual entry does not have a TP or SL as you know. This is a global thing FOR THE INSTRUMENT THE EA IS DRAGGED ON ONLY. If you simply re-enter after taking profit without interuppting or stopping the restart of the EA and making changes to the start lot and the increment, then you have the exact same progression with the same exposure...but if your profit went up with the previous trade you would be unneccesarily increasing the take profit and the SL. A fixed dollar setting needs to be set per 1K for example...thats easy enough...this is not rocket science...BUT VERY IMPORTANT WHEN YOU ADJUST THE SL OR TP YOU NEED TO ADJUST THE START AND INCREMENT...IF YOU WAIT FOR DOUBLING THEN I SUGGEST YOU DOUBLE BOTH SIDES (The exposure and the sl /tp). LCFX, I understand your need to make this automatic/dynamic with a percent, but it cannot apply here as this multiple progression entry system is not easy to include a MM routine....I will reiterate, clean up the code and get rid of the percent choice completely.

There is absolutly no reason to use this EA on multiple instruments as there is not a strategic reason to do so, other than a long only or short only strategy set up on each individual pair...and why do that with the logic that this EA has? If you absolutly must use just one platform to get the multi-currency exposure you seek after I suggest 0.01 Start / 0.01 increment per pair per 1k...and you better get the nexttrade input calibrated to ATR for each individual pair. Don't forget to change the magic number.

This EA seems to be able to find its direction from price alone...it does not really need the MA to choose it's first trade entry in my opinion...clutters the code...You will never just enter once and get a hole-in-one...with this EA, unless you use a large start lot size. and if you use a large lotsize together with a small increment you unnecessarily start out with a weighting that would require a very "long-lasting increment set of trades" to find its direction...

LCFX, TY for this opportunity to post with you. Hope this explains my thoughts...

ES