Thanx so much Alan really appreciate it.
Now regarding news 2 things I’d like to ask: 1. Shouldn’t the EA avoid opening trades during high impact news 2 mins before and 5 minutes after? And if so should we increase this time frame let’s say 30 minutes before and 30 minutes after to avoid these news? Or as you said the news sometimes are just too many so restricting the EA in general could also prevent it entering some favourable news positions and it is virtually impossible to say which is which and try to keep out from all of these so it’s better to let’s say avoid the hard core of the events 2-5 minutes before/after to also be within the prop firms regulation of trading news but also keep the lot size under control so in case things do go south the loss won’t be that big. And simply wait for better days.
I was also thinking about the idea of closing any trade during high impact news (or switch off autotrading) if I see that it goes beyond an acceptable loss limit for me, more than 1/3-1/2 of the SL distance, as this is clearly a sign that price is going the other way to place its self in a position of a new high only to drop/rise from that point after the market is no longer interested in that position (so should also keep an eye on volume – very low volume on strong uptrend/downtrend is a strong indicator of a reversal coming up). But this is something you can manually act upon but a bot should follow its system no matter what and this is what it supposed to do. Which means let it run do its thing be careful with lot size and eventually things should change.