The trade manager model I am working on will have either stop loss ( or Hedge ) set to average price plus trading costs of perhaps 1 pip. So I am aiming to build baskets using the average price of all trades as a guide to stay in or get out. The problem I feel is getting the trades opened too close together so when it retraces, we go from being 25 pips up to 5 pips red in only about 30 seconds. Your Targets are spot on with EURCAD and I am willing to bet they will get hit some time soon / tomorrow / this week. The Algorithm I believe is just trying to suck more buyers into the market before it takes their stop loss.
