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Originally Posted by mamba22
Hello Investor_me,
we know each other from another thread, I think you remember me. You've done another great work!
In the past week I've run this EA on some pairs for forward tests. The results are considerable, however some improvements are necessary. What I could realize was that no trades were opened on JPY currencies.
As you can see, there are a few opened trades with a larger loss, this because the trades run against the opened trend. I think in such case, trades should be closed as soon as possible. If we wait enough time, we could come again into the profit area, however in this time other successful trades would be possible.
Wouldn't have had apply a dynamic stoploss as described above?
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Of course I remember you. You've helped a lot in the past and I thank you for continuing your encouragement.
I totally agree with you on the needed changes and believe that it is very important to not give up on any of the EAs I've develop. There is something in common in all those EAs and that is the need for a dynamic stoploss strategy that could preserve as much gained profit as possible and minimize potential loss in trends that go wildly out of the expectations.
In the meantime, it's going to be more ebooks, more studying of charts, and looking into other EAs that seem to have developed some core principals in stopping the loss as quickly as possible.
But again, you'r efforts in testing are vital to the continuation of the eternal search for the Holy Grail, which I'm sure I will never find, but at least we can try to get closer to it every day
