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Old 05-04-2007, 03:39 PM
mikejody mikejody is offline
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Additional Important Questions and Answers

Quote:
Originally Posted by Trader83
Can you help, what variable in V1 and V2 influence the opening size of a position? If I open 300k account, it opens 0.5lot, if the account is 150k or 500k, it does not open any trade In the EXPERTS there is the message wich appears every second V1 EURUSD,H1: Spread=2; c=0... What the settings should be if I want the first position to be 0.1 or 1 lot?

Cucurucu: The lots are 0.01 for every 6000$ of account balance. So, if the balance is smaller, initlot will be 0.01. If the balance is 12 000, the initlot will be 0.02.

If the balance is 300k, the initlot will be 50*0.01=0.5.
For 150k the initlot is (150/6)*0.01=0.25. Which broker are you using? I am using InterbankFX and it is ok (standard account, NOT mini). Some brokers do NOT allow 0.25 lots (they allow only 0.2 or 0.3).

Please ignore the comments in the Experts Tab. The comments are there for programming and debuging purposes only.

You can't modify a variable if you want to change the initlot. You have to edit the code. However, I don't recommend to change the initlot! I know that those results are not spectacular, but I wanted this EA couple to be as safe as possible.

Think about compounding: Start with 3k and if you don't withdraw for an entire year, you will have over 20k in 12 months.

Bye.

(Mike's Comment: Some of us use 400.1 margin or in other ways are able to accept more risk. cucurucu said that he would come in next week and help us be able to change the lot size/risk for each trade.)