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  • in reply to: Never Losing Formula Manager EA? #214033
    User AvatarMatt Caddeo
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    Hi guys,

    I was trying to figure out the NLF and tried to understand why it was more successful before than now.

    We all need to understand that the +$210 TP and the -$70 safety order do no apply anymore.

    At the time Petko was shooting the price of BTC was around $4,000 therefore a $210 price move for example was about 5% of variation; the same price movement is now equal to about 0.6% of variation.

    Therefore the TP and safety trades of the NLF video are not accurate anymore so probably we are better off calculating these in % of the current price rather than using fixed values?


    @Petko
    do you agree with the above?

    Matt

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