I have a M.Avg. EA.
It only uses entry signals and lets the trades close on SL or TP.
Using it the normal way, enter long when MA moving up etc. ..... the equity graph points down.
So, I inverse the EA to buy when supposed to sell and sell when supposed to buy.
(SL AND TP ARE BOTH SET TO 50, and I also tried 47/50 to take into consideration 3 pip spread of GBPUSD)
Why doesnt my equity line point upward eventhough the EA is inversed ?
Isnt it supposed to be opposite ? Since my TP became SL's and SL's became TP's.
Earlier SL's were hit more often. Now shouldnt TP be hit more often ?
It only uses entry signals and lets the trades close on SL or TP.
Using it the normal way, enter long when MA moving up etc. ..... the equity graph points down.
So, I inverse the EA to buy when supposed to sell and sell when supposed to buy.
(SL AND TP ARE BOTH SET TO 50, and I also tried 47/50 to take into consideration 3 pip spread of GBPUSD)
Why doesnt my equity line point upward eventhough the EA is inversed ?
Isnt it supposed to be opposite ? Since my TP became SL's and SL's became TP's.
Earlier SL's were hit more often. Now shouldnt TP be hit more often ?