Please be informed that new TrueScalper_v49P_Ron_MT4 version was posted to the yahoo group by Ron with the following information:
Quote:
After a LOT of work and reading it turns out that a decreasing-size-trail is VERY profitable. As profits get larger, pull the stop loss in closer and closer. 49P now does this in three steps. This is the major change in this revision.
I have found and corrected several small errors that marginally affected profit.
With it's hedging ability, and the addition of three trailing stops, the equity curve is almost smooth now. There are still drawdowns of 15%, but those are usually corrected with the next group of trades. It also does fairly well during range-bound markets now.
NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE !!!
Turning on TrailEnable turns OFF ProfitMade and BreakEvenLock
Turning on both at the same time reduces profit. Pick only ONE.
|