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  • #113187 |
    Participant
    1 Posts

    After conditions are met, My strategy enters using a break of the candle high/low with a stop at the opposite extreme of the candle. can I do this type of entry and dynamic stop level with ea wizard? If so, could I make the ea determine the lot size based on the stop distance and % equity I want to risk per trade?

    Ive been manually backtesting my ideas for years but this strategy takes to long compared to set stop and tp strategies. It literally takes an hour to cover a week of trading with only 10-15 trades tested. Should I buy your software or do I need a coder for dynamic stop, entry and tp with equity based risk management built in?

     

    Thanks,

     

    Doug

    #128581
    Mark Fric
    Administrator
    1182 Posts

    Hello Doug,

     

    how exactly do you want to manage SL dynamically?

     

    It is possible that this can be done in EA Wizard, it allows you to compute virtually any formula and set your SL.

    You can also use money management risking % of account equity according to SL.

     

    EA Wizard doesn’t have a trial, but it has 30 days money back guarantee, so you don’t risk anything by trying it.

     

    If you are testing manually it could definitely speed up your work.

    Mark
    StrategyQuant architect

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