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Originally Posted by --Id--
Thanx for saving me from all the trouble looking back to that post, John. Is is preciselly as I forsaw it.
Needless to say this EA is a very dangerous moster to let alone. I was wondering what kind of Money Management you plan on using with 10p3. Since your lot is wisely the minimun allowed by IBFX, I take you are not using any at all, but you sure are going to grow that...
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I am using the Money Management plan with 10p3v0.02 an option provided with the EA and that is controlled by the Risk setting but even the smallest increase will double the exposure so if it kicks in I will probably change back to a lower Risk setting.
It is very dangerous but with the infrequent trading controlled by the indicator and the timed out non trading periods it is far less likely to get into trouble than the original versions which once started carried on indefinitely.
Also it is just an exercise not the main usage of my live account but with the .01 = 1c pips it was still able to gain over $12 by trading up to .27 and .81 three times each before closing. The higher the progression the greater the profit also the smaller number of pips needed to close but the more nervous for the live account
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John