Is it possible to create new equity control functions in a moving average not depending on the equity value but on?:
- Profit factor: not trade if PF is below “x” value based on the calculation of last “n” trades.
- % of profit trades: not trade if the last “x” trades are below “x” percentage.
- Expected payoff: not trade if the expected payoff of the last “x” trades is below “x” ammount.
- Fixed drawdown: not trade if the equity drops “x” ammount of the initial balance.
If so I can manage to activate or deactivate my EA’s in my portfolio by just analyzing the trades in excel. My target is not to increase the profit but to reduce my drawdown.
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