Thanks so much Brian!
Well done, and great thinking.
Safer is better. I like your style.
I didn’t backtest all possibilites, so I really appreciate your suggestions.
How are they going for you so far? How’s the forward testing going? And which broker’s data are you testing it on?
Here are 2 set files that I prepared on friday with some DD protection on them.
I haven’t tested them as yet. They have a -25% DD protection for the $3000 account on MT5 and a 2 or 3 % DD protection for a MT4 Prop firm account where -5% is the limit.
I believe it’s a “daily shutoff” protection too, so if the market is going crazy, it won’t enter after already losing that amount.
Feel free to test them and let me know how you go. I will be doing the same.
Happy trading.
Warmly
Matt.