I think it is a good idea to impose a 'mandatory' stop loss...perhaps this would mitigate against some of the ridiculous open trade DD's supported by Forexgear at present. However in the event that I did not wish to use the 'mandatory' SL, can I manually change this?
Absolutely...this is probably one of the single most important stats when deciding leverage/margining. FX Auto please take note and see if you can incorporate this on future software releases.
Whilst a single stat for largest open loss since system started is definitely useful as a warning...
I completely agree. As an example, Forexgear which appear to have a good track record currently has USDJPY open at -387 pips and yesterday hit a stop loss for EURJPY at -513. In order to assess whether this is a signal provider I would wish to use, I'd like to know what has happened on...