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Gidday David
Sorry I did not explain my self correctly what I have been trying to do is on each new open look back and see which pattern is there be it long or short if neither exist 1) do not open any new positions 2) if positions are open close them and wait for a new pattern.
The other thing I have been looking at is setting a percentage (AccountEquity) based SL I have been searching the various threads looking for info on weather this has been done before. Do you know if it has?
Anyway just thinking out loud
Cheers
Beno
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