Why did my G5 bot hit Stop-Loss (SL) multiple times?

Stop-Losses (SL) are triggered when market trends change. Metaset bots are optimized for long-term profitability, but SL hits are normal in short-term fluctuations. The G5 bot in Metaset has a section displaying the bot's win rate, which is currently 60%. This may cause confusion for some users, especially when several signals consecutively hit the stop-loss (SL). Please note that this does not indicate any issue with the bot's performance. To accurately evaluate the bot's performance, it is essential to assess its monthly results. The G5 bot generates between 10 to 12 signals daily. Assuming 12 signals per day, this equates to 360 signals in 30 days. With a 60% win rate, 216 signals would hit take-profit (TP), while 144 signals would hit stop-loss (SL). Therefore, the 30-day overall performance of the bot is key. On any given day, multiple signals may consecutively hit SL or TP. Users can review the signal history to observe this pattern and perform their calculations.

Related Articles:

How to activate MetaTrade Bot G5