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We all know about "round numbers" psychological levels where price almost always ranges at first, and then reverses.
I found this EA that seems to be doing that, but its a scalper with a very short trailing SL.
Its an angel on backtest, but a devil on live.
I pretty sure it wil do better with...
I am looking for a Grid EA that will hedge at a certain DD.
This will be around 15 - 20% to allow for enough margin for the hedge.
I know the danger might be ranging, but with a small SL ( 5 pips) to each hedge it seems bjustified compared to the large DD the grid.
If anyone know of such an EA...