View Single Post
  #50 (permalink)  
Old 07-23-2007, 11:37 PM
saintmo saintmo is offline
Senior Member
 
Join Date: Aug 2006
Posts: 217
saintmo is on a distinguished road
I too have other EA results intermingled with Bliksem but let me summarize my situation. I attached the EA to GBP/USD on June 29. It has only opened buy orders during the entire time frame (up trend).

The demo account started with $8,000. By July 3 I was up +$4,000. Then I was down a couple of hundred, up $1200, down a thousand until July 11/12 when it closed up another +$12,000. At one point during this time I was up, equity wise to around $33,000 (from $8,000). I didn't close anything manually because I wanted to see what the EA did. The trades during this sequence closed out so that my balance and equity were at $29,000. Another $1,500 up on July 12. Then July 12 through July 17 down $2,700. Then on July 18 about $7,000 was lost in closed trades.

The point of all this is that 1.) this EA has worked very well during this trend (I have been hoping for a plateau and reverse to see how it reacts) and 2.) this EA, as is, is incredibly powerful--both positive and negative. I started with lots of .1. I would definitely start with less if I ever decided to go live.

Kudos to the developer of this EA for the interesting approach and for sharing.
Reply With Quote