As I always state when sharing my trading strategies, there is no holy grail in forex trading. Every strategy will lose at a point no matter how advanced it is. What carries the day is proper risk management.
Multiple Bots Lowers Risk
With automated strategies, I have learned that spreading the risk across multiple robots with different entry methods and trade management systems greatly lowers my losses even if it is on the same pair. I risk 10% of my live account and run 10 to 15 bots concurrently on a VPS.
As seen from the following image on a demo account with Dukascopy, multiple bots were able to cover losses and end the period in profit. If I was running only 1 bot, the chances of profit or loss would have been 50%.
The next image shows the performance of many bots over a period of 30 days, but not on Dukascopy.
Note: I count pips made not the money.
As you can see, one bot trading GBPUSD …