Today the M5 TenKei Reversal Strategy did well, again!
It took two (2) Trades to hit Target on one Setting and one (1)Trade to hit Target on the second Setting we are investigating.
The Settings you will not have is as follows:
Lock_In_Trigger_Pips = 11 (rather than 7)
Lock_In_Pips = 10 (rather than 6)
TrailStepTrigger = 11 (rather than 7)
TrailStopStep = 1
So those differences above means Target is hit (using the higher numbers) sooner or more so in one Trade but then again, using the lower numbers means Target is often hit in two parts if Price does not get to the full eleven (11) point goal.
Which one is better?
They both have their advantages and disadvantages but so far, they are both working, where the 11,10,11,1 Settings hit Target before the 7,6,7,1 Settings!