@Bob-Yeah, I know what you mean about not having enough data. I really want to trade Natural Gas, but I guess there is not enough data for EA Studio to generate strategies, if any.
@Roman-I usually leave the reactor with ‘May Use’ on the Take Profit and Stop Loss. But my data only goes back to April 2018 for any of the global indicies, commodities, and cryptocurrencies, so I am looking for a bare minimum count of 50 trades and higher as well as 70% winning performance. Now, this may generate shorter term winning strategies. However, I feel that as time goes by the strategies will get better and have a longer time frame of winning.
I can understand about the price reversals. The best thing I have seen to combat that and not have a stop loss is to not close on Friday, have a smaller TP, and stagnation be under 10%. This way the amount of winning trades will combat any big loss from a price reversal. This actually just happened to me yesterday. I have a gold EA that is just at 90% winning performance and TP of about $7.00 per trade trading 0.1 lots. Since this EA was coded to close on Friday, it closed with a loss of $80. Out of 99 live trades, the win/loss performance is 88/11. And this was the largest loss in the 3 months it’s been trading. I’m more than confident that this EA will bounce back from the loss. Also, I noticed that these losses have occurred on that Friday close, meaning that if I left it opened, it may recover and be a win. But I’ll leave it the way it has been working as I have other gold EAs that can combat this loss as well. :) Hope this information helps.