Trade Dependency
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Hello.
What I want to do is stop trading once I have a losing trade, and restart trading once it passes one winning trade
Example of a trade result sequence: win win win loss LOSS win WIN win loss
The idea is to skip the second loss in the sequence ( capital letter) and restart trading in the second winning trade after that pause ( capital letter)
Any ideas of how to do this?
Thanks! -
@rebearv You have blocks that check consecutive losses, but how will you start a new trade if consecutive losses =2?
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@jstap Essentially the Restart of trading has to be after a win..
As I am expecting winning and losing streaks , I want to skip a trade after having 1 losing trade. ( by doing this I will skip a losing trade with high probabilities) and I want to restart trading after a winning trade ( but not taken) ; after pausing for skiping the next losing trade, the EA must continue knowing about the outcome of the next trades without taking them in real market, and after noticing what it would be a winning trade , start trading again.
Or if it is more simpler to arrange the project; Restart trading after skipping 1 trade
Example : If it comes a losing trade, skip the next trade , and then restart.Maybe the last arrange can be easier , as it will not have to read the trades like in OFF for expecting what it would be a winning trade for restarting.
Losing trade - Skip - Restart.
Maybe with this logic I can do some test controlling how much trades to skip before restart and find the results I am looking.
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You could try programming an automated system or using trading software that lets you set conditions for pauses, like stopping after a loss and resuming only after a win.
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I know it’s challenging to stay disciplined with rules like this, so having something in place to enforce it can help a lot. On a side note, when I need a break from the screens, using something like Crave Max Beast to relax for a bit helps me come back with a clearer mindset.