Second version - MYP2

The second round enhancement from the last post was added to the expert advisor. This version will be "MYP2" (The first version is MYP1).  The results are better! The best result in my opinion is profit factor of 1.91, 155 trades, and draw down of 15% with risk of 2% for the first trade, and 3% for the second round. The profit was 11290$.

The number of trades raised in 50%, the profit factor improved.

Let's define risk2 as the second round risk.

Since I am interested in higher profit, I checked the setup with different risks, with the same risks ratio: 

Risk	Risk2	Profit	PF	Trades	Drawdown
2	3	11290	1.91	155	15.10
4	6	31930	1.83	155	30
5	7.5	46142	1.8	155	35.12

The back test short report is available here for the setup of risk=4%, risk2= 6%.

The actual risk of each setup is the sum of the two risks.

MYP2 yields higher profit factor, lower draw down, and much trades compared to MYP1. For example, let's have a look at the results of the setup risk=5%, risk1= 7.5%. It is equal to a risk of 12.5%. The same profit is achieved with the first version (MYP1) with risk of 11%.  The difference is that the drawdown is lower (35% vs. 43%), and the profit factor is higher (1.8 vs. 1.45). 

The conclusion is that MYP2 is better, and it is going to be my main effort right now.