@Art_prentice
Art, I’m afraid back testing is useless for interactive trading.
For the channel Trading or the king of forex Trading or my PSAR crossover strategy, you have to make decisions during the course of the trade. For the channel, you have to decide when you want to move your stop loss into a break even or in profit position. You have to decide how big your initial stop loss is going to be. You have to decide when to take profit when it’s not going to hit your profit target.
The strategy that does allow for a set stop loss and a set take profit would be the octopus squeeze.
There are other strategies that have not been mentioned on this thread that use a set stop loss and take profit. There is even one strategy that almost never loses but you have to watch the screen for hours to find when the setup occurs.