Id like to know, how do you reduce the drawdown that an expert advisor has? Iv been trying many things such as reducing the lot size that my expert uses, or adding code that i think will mitigate the potential losses that the advisor may make when trading, but i think that these codes just add on to the overall drawdown sometimes.
So does anyone have any ideas on how to reduce drawdown?
Thank you in advance
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BTW Have you tested your EA on different pair or timeframe. Results on different pairs/timeframes may give you more clues what could be improved.
i have coded my e.a with only one pair in mind, thats pound/usd. After observing the way the pair moves i developed a strategy to trade on it and then just recently coded it into an expert advisor so its only configured to that pair and on 1 hour timeframe.
i think i need to rework my advisor.
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