Thread: The P.I.D.
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Old 07-11-2008, 06:00 PM
elepoutre elepoutre is offline
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Quote:
Originally Posted by eagle4x View Post
Been demo trading with PID since the beginning of the week with 50K. So far, up about $4.5K in closed trades and -$1K in open trades. What I don't understand about this EA is why it usually enters trades against the trend. For example, yesterday and today, it has been entering sell orders on EURUSD while the pair has been trending up and increasing the lot size with each trade.As it is, with out any stops or trailing stops incorporated in the EA and esp. because it enters trades against the trend, I would not trade this with a live account.
that s my point..we were in a long sequence on the gbp..closed because the gbp had good move up today...what would have happened it the gbp had dropped to 1.85 without any retracement....expert would have taken position up to level 50 or even more...? and dont mentiont hat it cannot happen..it has happen in the past..and much more than 1000 pips for the gbp...
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