To make safest EA on planet

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If you've been trading for years then you'll realize the top priority is security when opening a new op. 

My idea: 

- Do only one profitable position in a day with 10 pips. 

- if a drawdown occurs more than 1 hour, a second op is opened by reanalyzing and adding several new methods with only one goal: breakeven as soon as possible. 

- if the second op fails and still draws down then ea will no longer open a position on the same day.  Next day new op with the same aim of breakeven. 

- if the second op is successful, ea pause for 2 hours before do a new op.

- after one profitable position no more new op 

Hope this idea can be useful.

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yoko eagle

Limiting profit also limiting the risk. I dont this it is same strategy. Same certain profit but different strategy.

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Sai Pratap
Quote from yoko eagle

Breakeven can be on same day, next day or any other day until only one profitable trade. Then continue next day as usual.

Then ur suggestion is same as closing the trades when certain profit is reached for the day, which is already under suggestions list. May please provide ur vote there.

But I personally feel this is not a useful strategy as this is limiting down the profit. Would have voted down if possible. :(

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yoko eagle

Breakeven can be on same day, next day or any other day until only one profitable trade. Then continue next day as usual.

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Sai Pratap

How can u be sure u will achieve breakeven or profit on second day!?

Even if u do not breakeven for 4-5 days, then what is the use of 10 pips made on day 1! I see this is not useful at all. Instead u better make proper strategy using the tools given thru EA.