Disliked
Another thing: taking positions only in the direction of your fundamentals i think it's not very good because market can have desequilibrium in both sides of the consensus, at different moments of time, even if the main trend is in one direction. Taking positions only in one direction because of fundamentals, might loose a lot of good positions. After all we are targeting 1pip in 80% of trades, or something like that.
Anyway the TP seems to be clear, 1 pip for all trades and more for those where market sais it is still desequilibrated and will go more. For SL i think the opposite could do it for now but i'm not very sure about. Also taking fundamentals into consideration(indicators/indexes or other stuff) won't change the pure idea of trading the market based on what "Market Thinks"? A desequilibrium is something that happens all the time and it's regulated back because of logical mathematical reasons but fundamentals are speculations.
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I think the safest thing would be to see which is the biggest drawdown in pips for a period of time,...the bigger period the better and use that info and the current equity to obtain the lot size. The idea is to know that the drwadown won't go more than X% and knowing that i will use my maximum lot size for that to happen. Please let me know what you think.
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Giraia_br
I can make an indicator but it's not profitable, this strategy aims most of the time for 1 pip so trading manualy using an indicator would be a had ache. Anyway you can use the colors the test ea draws to trade manualy if you realy want it.
Thanks, VictorIgnored
A given triangle's trendiness (or lack thereof) can be visualized at an interesting scale.
It looks like it could be useful in figuring out appropriate SL & TP levels for larger scale trades.
Thanks for the interesting thread, guys!