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Originally Posted by q_jak
good entry is important thing.
But I think even more important is to have good exit. This is exit when you have profit or loss
With the EA I had so far many trades that:
- started very bad and continued like that until initial SL
- started very bad but then recovered and hit TP
- started very well, made o lot of "paper profit" but then all has been lost and went down to initial SL - Of course this is most confusing
So I think It might be better to take profit by trailing (closelly) SL than by "wishfuly set" TP.
But after taking such profit, EA should be cautious with opening next trade. There should be somekind of very shortterm indicator of direction and dynamics of movement to confirm existing signal. Especially when original signal is quite old.
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You have little understanding about how this EA works I will suggest that you read the thread from the start or read ISAKAS, apart from 5 Hours break today during US market ( electricity break down due to snow in my region ) this EA was working since the 5th of March which is 4 days and we had an average 750 $ per day.
And still you are saying you see bad entries and good entries end up bads, over all its bad ... I just don't seems to get it, the statement is my reply thats all.