Quote:
Originally Posted by grega07
thanks iron, i cant see no other reason for not working. it would be just great to use cent account for such ea.
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You can use this EA on a micro account (cent). You need a broker that will trade down to the microlot level (.01). That means you need to have a broker that uses 1 Lot to control 10,000 of base currency so that 1 lot is worth $1/pip, .1 lots is worth 10c/pip and .01 lots is worth 1c/pip.
I've been writing code and using hundreds of EA over the last year. I've been coding for a while now and I have 4 commercial EAs that I believe work great. I am going live for the first time after 2 years of study and demoing with FXDD. I'm opening a mini account for $2500 and trading down to the micro level. If everyone has followed my suggestions, this amount could easily trade 10 instances of Blessing or Piplite ($250 minimum for a micro), however, I will be trading 2 pairs of Blessing, 2 pairs of Piplite and my four other EAs to round out 8 pairs on my $2500.
This "style" of trading hedges on 3 levels. First is the micro level, second is numbers of pairs and third are the types of EAs. I will not have an account blowout as my other EAs use combinations of Stop Losses or Equity Protection. This forum has given me the confidence to now put these protected EAs to the real test. Keep tweaking the suggestions!
Happy Trading
v/r