not sure if you have experienced this, just want to seek your advices on how to deal with such cases
– generated some strategies/portfolios 1-2 months ago
– it is profitable on demo acct for 3-4 weeks
– deployed it last week, and it had some small wins and losses, profit factor > 1.2
Today, it crashed totally, stop loss triggered for most of its open trades
the currency pairs are GBPUSD, AUDJPY, AUDCHF..
how do you prevent such cases?
should i leave the EA running? (based on historical data, it should recuperate, but market structure might not fit the strategy anymore)
how do you determine when to remove the EA?
what is your workflow around deploying the EAs and removing the EAs?
Also, what is your workflow to handle such market situations?
I like Andi’s method, at the end of the day it all depends on you in order to determine “when to remove”. But its normal to have a day when you have a spike down and then up. As long as the EA’s individually haven’t broken your trading criteria then there’s no need to worry/remove them. Fluctuations in the market happen, its Dynamic. If your back testing and forward testing are in alignment give them time to work.