Talking about the EA’s, I’ve completely dismantled that BRI EA as it’s just not offering enough profitable pips against the risks of having a large drawback. I designed a new model that trades less but with a increasing trade size and completely change the exits. It now uses a profit averaging strategy between all current open trades plus a set dollar target. The equity curve is a lot smoother and more profitable.
It does break Tradeviews idea however on size of total position.
It may not be suitable for a portfolio based strategy however but could be a great stand alone wage making strategy as it tests on a 50k account.
Drawback is always going to be a problem however and show a $2300 pullback on a $10K account.
