Well guess what on USDCHF my EA on different timeframes was long 2 and short 5 . I thought I should have a look at this the EA is going crazy, then forgot about it . Wow it did so well. I really hate stops and the long short stategy on different timeframes is the way to go , and I can help you with that. https://www.mql5.com/en/market/product/4371 $61.8
I started trading a long time ago and until recently it was difficult and sometimes impossible to go long and short the same instrument. There were only futures, and they expired every 3 months and to go short against a long you had to choose different expiring dates. Getting longer expiry dates caused all sorts of liquidity problems and you had to deal with hefty premiums.
Now with CFD , one year expiry, automatic rollover and the ability to open long and short positions simultaneously , we are very lucky. It is however long and tedious work setting up a proper range grid ...and that is where trading robots become extremely useful.
Put 2 traders in a room , one experienced and one a beginner. Give them opposite positions on the same instrument. 80% of the time the experienced trader will make a profit and the beginner not. Why because markets fluctuate in ranges 70% of the time and trend 30 % of the time and the experienced trader knows that.
