Gidday Ben

You will have to excuse me my explaination will be a bit ass about face but never the less.

I plan to use the open of a new bar. if you look at the mm sheet you will see that there is a max open positions I think it said 13 so I could open only 13 positions at a time one per pair type of thing.

There is a max DD of 25% i use that as a close all so if the equity fall 25% below balance then close all.

So for all positions there is no SL I just use a TS of the 2% which is the size of the positions I opened and the main focus point the TP.

The TP is the 2% of the balance per pair divided by the pip value multipled by the ME. so if the SL is 44 pip and the ME is 2.33 then the TP will be 44x2.33 = 102 pip so if we have a higher probability on the short side then we are more like to hit that 102 pip and take profit. hense the main focus being the TP exit point.

My idea is to let a trade breath and what are the chances that all 13 positions will develop in to a loss.

Sorry about the messed up way this is comming to gether but at least it's comming to gether slowly.


Cheers

Beno