Here are the results and setting from my backtest. image image image

Great Breakout System with Unfinished EA

You didn't turn on the MM did you, that was a crazy idea that screws up the results, MM has to be off, it has a duel MM setup it does a simple lot progression based on margin available when MM is off and when it's on it does something that didn't ...

Great Breakout System with Unfinished EA

Thanks for the heads up I added the indicator to original post. Sorry, I forgot that was needed to run the EA.

Great Breakout System with Unfinished EA

Why pay when you could get it for free. url

EURUSD

I'm looking for 2400 but 2440 sounds good. It's Friday I wouldn't be surprised if we see 2300 by the end of the day.

EURUSD

Not a chance, 1.2350 before the market closes for the weekend. Just a hunch.

EURUSD

I know that the euro might not be the best for this system but if I get it to work with the euro it should work with most pairs.

Set it and Forget it, Dollar Cost Averaging

I went the other way, I decided to limit losses and leave the profitable end alone.

Set it and Forget it, Dollar Cost Averaging

I've been looking at posts and trying for solve the issue with huge runs and massive DD and here is what I came up with. I think I found a way to not only survive, but thrive through a hellish death spiral. Trade in both directions, use multiple ...

Set it and Forget it, Dollar Cost Averaging

I'm actually short atm, I entered near the weekly high figured it was ready to drop, but as soon as my TP is hit I'm going to split my account and trade in both directions. Looks like I'll be waiting for a couple days. My current positions are ...

Set it and Forget it, Dollar Cost Averaging

It would make sense if you want to lock in your profits. The goal is to close an average of one position a day in each direction to make over 5% by the end of the week. In theory if you use limit orders you could make much more than that on big ...

Set it and Forget it, Dollar Cost Averaging

You have it right, I think Bobcat placed limit orders at his TP so he didn't have to be there to open a new position after his TP hit and he's adding to the losing trades every 50 pips instead of doing it at midnight.

Set it and Forget it, Dollar Cost Averaging

yep at midnight every day no matter what the movement is a new position is opened if TP is not reached.

Set it and Forget it, Dollar Cost Averaging

Ok, your numbers are confusing me, your talking about 50 pip moves but your numbers show a 500 pip move. The longs and shorts are independent for TP calculation. Here is how it would work. Longs: open a position at 1.5000 with TP at 1.5050, TP is ...

Set it and Forget it, Dollar Cost Averaging

I've tried the pip dependent averaging and it didn't work out because when there is increased volatility too many positions would be opened, however a pending order at the TP sounds like a good idea. I appreciate new ideas don't worry about sharing ...

Set it and Forget it, Dollar Cost Averaging

I've been thinking about all the suggestions in the posts and I think I have a possible solution to make this profitable in the long run. Most of the time I could run this system in either direction and make money. So if I modify the rules a bit and ...

Set it and Forget it, Dollar Cost Averaging