Hey all,
today I've got a new idea, which I have to say I didn't it tested yet. So it's something like a first thought to test.
At first I tried to describe the different market situations, which can appear after a ea signal.
I think that there are 4 cases:
1.Trend move (->profit trade)
2.Counter Trend move (-> profit trade)
3.Low (-> possible loss)
4.High (-> possible loss)
So my idea is as follows:
when 3 or 4 happens and a trade closes negative, a recovery trade is trigered in the opposite direction. The decicision is based on a expectation of a move in the opposite direction, because there was a High/Low and not an initial move.
Sometimes such a recovery trade can sure be a loss, too, but sometimes it has great potential. Maybe we can think about it....
So all in all it's only an idea.
Have a smooth weekend and save energy for the next rough week
MasterYoda
PS: Do you want some comments (like above) to improve the ea with other options or do you prefer focusing on the current ea. Pls tell me...I don't want to bother you all and spam in this thread
