Hi, I have an expert advisor that I made that is traded on the H4 timeframe. It has a TP of 5 pips with a SL of 50 pips, but it wins pretty consistently added with those few huge loses. I wanted to know if anyone wants to help me eliminate those loses in return for my expert advisor! Maybe help switch up the code or whatever the case may be. I know that this system could be very profitable for the long term once put across mutiple pairs and cutting those losses! Here are a couple of screenshots. (Losses highlighted in blue). Anyone interested will be PM'd.
******update: Tweaked the EA and now results are pretty good. No longer a SL of 50 pips and a trailing stop was added***********
You will never go far with so bad win/loss ratio.
Fix that first and test your expert with better risk/reward ratios.
Great, try it on a live account and you will see that you are wrong,
thanks for the idea! i'll try it out