My first topic but like to share my working exit strategy which is great even in EA
Entry use your own strategy, minimum of 51% succeWsrate required. i am sure you can find lots.
Exit rules:
Long trend is UP
Buy each time on entry signal.
If market goes down keep buying max volume of 0.01
When market goes up and total of all trades are greater then zero, then close all.
Long trend changes to DOWN and you have a buy order sitting.
Start selling 0.01
Wait for next entry and sell again
wait for next entry and sell again.
Close all when total profit of all trades is greater then 0 to go break even.
Great thing about the market is it will go a direction in the end. so you will end up with more trades in the right direction.
This also means that the holy grail does exists.
I have tested this in ea which worked.
UPDATE slightly changed it to grid system for losing trades, winning trades are still based on own strategy.
Test this with the end date of 2017.01.01
Update 2: I am not updating any more since people start posting total off topic indicators and results that are not even from my EA which is very confusing.
Entry use your own strategy, minimum of 51% succeWsrate required. i am sure you can find lots.
Exit rules:
Long trend is UP
Buy each time on entry signal.
If market goes down keep buying max volume of 0.01
When market goes up and total of all trades are greater then zero, then close all.
Long trend changes to DOWN and you have a buy order sitting.
Start selling 0.01
Wait for next entry and sell again
wait for next entry and sell again.
Close all when total profit of all trades is greater then 0 to go break even.
Great thing about the market is it will go a direction in the end. so you will end up with more trades in the right direction.
This also means that the holy grail does exists.
I have tested this in ea which worked.
UPDATE slightly changed it to grid system for losing trades, winning trades are still based on own strategy.
Test this with the end date of 2017.01.01
Update 2: I am not updating any more since people start posting total off topic indicators and results that are not even from my EA which is very confusing.