GBPAUD RECOVERY SETUP
This is a nice and conservative setup typical drawdown 5-10 percent at most. We suggest you back test these setting to see if you would like make any suggestions.
From our back test results you can see consistent profits with barely any drawdown using this set up!
Backtest training found here: https://www.fx-social.com/products/fx-social-lounge/categories/2149195523/posts/2153727099
TIME FRAME - 1 minute chart, PAIR: GBPAUD
PLEASE READ FOR CHANGES
You can change per balance to 500.0 vs 1000.0 if you want to make it more aggressive
DETERMINE YOUR TAKE PROFIT
When Enable martinegale set to True most of the fearure below don't matter the only one that matters is take profit 1 in pips and partial profits. I suggest just making the setting mimic mine but you can increase your take profit 1 or decrease it.
This just means before recovery this is what the original trade take profit would of been.
LAST BUT NOT LEAST
The majority these setting can just leave alone, make sure trailing is turned off & if you dont want fridays you can turn that off