Thread: Martingale EA
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Old 02-02-2008, 04:54 PM
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ElectricSavant ElectricSavant is offline
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Lcfx,

I noticed your GBP/CHF lost $498.70 on it's SL exit of $500.00 on 02/01/08.

So you are risking 10% of your initial equity to make 10 bucks....on eight pair trading concurrently that may be moving together with USD exposure. (AUD/USD, EUR/JPY, EUR/USD, GBP/CHF, GBP/USD, USD/CAD, USD/CHF, USD/JPY)

The 50 pip nextrade was an interesting choice to be used on all of those pair with differing ranges.

I will be curious to see how your basket performs over 30 more days, hopefully without any internet connection interruptions.

Thank you again for the data, Lcfx.

ES

P.S. Have you concluded that the GBP/CHF needs to have a wider NextTrade or to be eliminated completley from the basket? Or do you attribute the SL to it being NFP day?

Quote:
Originally Posted by lcfxtrader View Post
No problems running the EA. I lost internet connection for a few days earlier in the week. Settings are with $10 TP & 50 pip next trade.
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Last edited by ElectricSavant; 02-02-2008 at 06:57 PM.
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