batchboy,
In the time I have been using it, I have found it will leave trades open and give large drawdowns, yes.
In strategy testing you can set it so there are no drawdowns as you go along, if you spedn enough time testing. Unfortunately in reality you still get drawdowns and there seems to be no way of controlling/restricting number of trades placed apart from switching the EA off.
At present the only money management I have found is by controlling "lot sizes" which you can do manually.
If anyone knows of a way to control "number of orders/lots" placed I sure would like to know?
Tip: I wouldn't use the hedge feature (sell while buying) until you find a way to manage "number of orders placed". This hedging will merely dig you a grave for your money. |