Originally Posted by neoo

I like the Yeoeleven settings. On the M15 chart there seems to be plenty of opportunities in the Eur/Usd without looking at other currencies which do not perform as well in backtests. In my opinion the sideways market is best enviroment for this EA. It gets into trouble when the price rapidly expands, using up the last progression and as it enters a strong trend against us, there is insufficient retracement to close out positions with a profit. My suggestion is instead of using fixed pips between progressions, have user definable inputs for the number of pips for each progression (up to 10 progressions). For example, instead of the program adding a position every 5 pips after the market moves against our position, it could add the first one in 4 pips, the second one in 5 pips, the third one in 8 pips, the fourth one in 16 pips, and the fifth one in 20 pips (whatever is input). One could still set each pips level to 5 pips if they wanted. What this modification might do is allow it to adapt better to a rapidly expanding market such a when it breaks out of a narrow sideways channel. It would be adding more risk after the market expands, not before it expands. Also the higher progressions would end up closer to the stop loss causing less losses if hit. Many thanks to Davidke20 and to Yeoeleven for sharing his settings.