Stop-loss for [product name redacted], help please
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Hello everyone,
I have been testing the [product name redacted] EA on a demo account for a month. I do not know how to code. I have had mostly very profitable backtests, but for one month that is profitable with certain settings, the next month blows the account because of a big continued draw down period. I have changed the lot sizes, max lot size, Bollinger band periods, spread. I have started the testing on certain days, I have turned Fridays of and on, I have turned Wednesdays off and on(because there always seems to be a big drawdown on the 3-5 of a new month, and then again around the 15th.
I have done so many tests with this EA, and noticed it loves to buy buy buy on a long drawdown, and then sell itself into account blown. So, my conclusion is that a stop-loss is what this EA needs.
I watched a video about how to create a stop loss so this EA wont blow the account, but is there a way to make the EA stop at a certain point and then start again automatically?
Thank you all for help, and I have been doing a lot of my own research, but this seems like a very specific question.