I've noticed recently that the spreads are all over the place for many brokers. I'm strongly considering to add a spread filter to my trading strategies to try to mitigate this problem. I have no business placing trades if the spread widens to a point where it is not advantageous to trade at all.

Especially if I'm building a trend "scalper", I would hate to see the spread get too big.

Anyways, just going through my thought process before the build. I really don't want to use a set stoploss because usually stoplosses on a scalper needs to be much bigger than the target profit. You need give it room to roam. So most likely, I will use a poor reward to risk ratio. Definitely not the conventional advice, I know, but hey...I don't even use a stoploss in my own trading. I'm thinking an initial 1:4 reward to risk ratio (meaning if my SL is 200, then my target profit is going to be 50), but this ratio will change as I manage the risk as the trade goes along...moving the trailing stop closer.

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