I found it best to have few powerful ships than many weak ships. The AI sent quite a big fleet of ships (filled up 1 row) ...but their most powerful was a sixth rate and a whole lot of sloops and Indiaman. I had ONE(1) galleon. I won.
For multiple versus multiple, usually I line up the ships in a row rather than a column (usually the default is the latter). Sail abreast towards the enemy fleet. As you get in range, turn all your ships sides ways to reveal your broadsides to them, and fire away. Their lead ship will be hit by 2-3 boardsides in the first salvo. The idea is to focus fire and kill the first one as soon as possible.
Remember that you have TWO(2) broadsides....always turn to expose the side that haven't fired. So, after that it is usually enough to just turn around and around (on the spot), constantly turning the side that haven't fired side to whatever enemy that happens to be in range.
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