David. Of course you can start with multiplier_filter = 3.
Since this blocks all 1X and 3X orders, you might not see
ANY orders appear before at least 3 days.
No, pairs that trend for too long lead to large drawdowns
and eventual stop out.
That was the design in Tom's EA - when any trade went
-600 pips in the opposite direction, it is closed. And most
of those occurrences are with 1X orders. It does happen
on 3X and 6X and 9X trades, but much, much less often.
This code is too new for this to have occurred yet. That's
a major reason for me trading all 28 major/minor pairs - to
observe this behavior and how it's handled in a forward test.
Somebody asked about if they can backtest this EA. YES!
Please do. I have tried until my fingers and brain bleed but
can never get over 25% accuracy on those back-test.
But figuring that out is another thread somewhere else.
My take on trending pairs is not so much the trend, but the
lack of pullback because we are counter-trending and depend
on a healthy pullback to close our baskets. That said be afraid
of any minors using NZD and JPY. I promise you will eventually
lose money on those - unless you have a TON of Equity.
They have been known for some epic trends, before eventual
pullback - even Months later.
I hope this helps.
Waant aal, lose aal, man...