profitable but no stop loss ??
Yes, it is profitable, the stop loss as much as I understand is on the remaining equity (25%).
I back tested this EA on EUR/USD in the most severe market change (last two weeks of April 2011 till the end of May 2011) and I noticed that you should have an equity of at least 15000 USD and lot size 0.1 lots to survive.
Anyone agree ?
It uses progressive lot sizing. Multiplies previous lot size by that factor.
I have another remark on this EA. I noticed that the difference between two consecutive trades is not constant. For example if the first trade is not winning, the EA starts to open next trade in the same direction, but this happens sometimes after -7 pips or -8 or -10 or even after -18. Do you have any idea why this happens?
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