Posts made by LoopyTT
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SL, TP pips "acting" wrong way.posted in Questions & Answers
Good day.
On a buy now/ sell now sl is set to 50 pips. Tp: 150 pips. Both: as fixed. What happens is: on a strategy tester result:
5 2022.02.02 15:51 sell 3 0.02 35434.48 35434.98 35432.98 0.00 505.72
6 2022.02.02 15:51 t/p 3 0.02 35432.98 35434.98 35432.98 2.86 508.58
7 2022.02.02 16:47 sell 4 0.02 35392.98 35393.48 35391.48 0.00 508.58
8 2022.02.02 16:47 s/l 4 0.02 35393.48 35393.48 35391.48 -1.14 507.44
So even that SL is set to 50 pips, but in real life it sets only to: 0.5 pip ( US30, ospreyfx, contr. sz: 100).
AUD/USD: 7 2022.02.28 14:26 s/l 1 0.01 0.72245 0.72245 0.70245 -5.07 494.93
even worse, setting SL on open price, so it closes straight away.
So what I'm getting is extremely low win rate, massive drawdown, when it's not really strategy issue, but the way how ea is working.
Thanks for possible solutions.