Quote:
Originally Posted by hayseed
and for anyone interested in breakout strategies, they will almost always work best when you trade heavy with the trend and trade lighty, if at all, against the trend...... in other words, this year the usdcad been in an obvious downtrend and the eurusd has been in an obvious uptrend......
it's almost human nature to want to trade against the trend and i have the losses to prove it......  ......h
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Hi Hayseed
Have you found any filters or rules to trade with the trend?Any achance of updating EA with a filter?
If ema 5 has crossed ema 20 on 30 min chart and daily range is used by 50 % ,then disable trade?
How about some moving average filters etc?.It certainly helps to keep drawdowns to a minimum and I doubt if there any loss of profitability
OILFXPRO