To make safest EA on planet
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.
Limiting profit also limiting the risk. I dont this it is same strategy. Same certain profit but different strategy.