EA Forex Academy – Algorithmic & Manual Trading Courses › Forums › Forex Trading Forum › Adjusting the SL to 60 pips to increase gains › Reply To: Adjusting the SL to 60 pips to increase gains
This is interesting, however the image doesn’t necessarily show the whole picture. In some or many of the trades, the trade may have moved into SL territory beyond the 60 pips, before turning and eventually closing at a TP up to the 60 pips. If you were to set SL at 60 pips, some of the trades that finished in profit, may have closed before they got the chance to correct. Remember, the EAs are based on historical data, and are executed according to current market conditions, which can change very quickly, especially in major news events. But as mentioned, it is an interesting observation, and probably worth exploring on a demo account. Maybe run 2 demo accounts – one with the EAs as they are and one where you set the SL for all of the EAs at 60 pips, and compare the results.
Let us know.