View Single Post
  #9 (permalink)  
Old 06-10-2009, 05:47 PM
pash78 pash78 is offline
Junior Member
 
Join Date: Oct 2008
Posts: 28
pash78 is on a distinguished road
Thumbs up

Quote:
Originally Posted by pash78 View Post
I would not recommend on running this EA on small account. As u see in my description the stop loss can go upto 300 pips. Also see the trade on friday, first part lot was close with 55pips profit and rest was closed with a loss of 154 pips, and on today's trade the loss was 156 pips. So the stop loss can be huge but the gains are also big. THhis is not day trading EA but a long term one.
After 2 losses there was one good trade covering all our losses. I received lot of e-mails regarding lot size for this EA. Please note this is long term EA I open one trade with lot size 1.7 and then close 0.2 lot at every 55 pips, then preserve 0.1 lot till the trend ends, if you see my latest trade on rentasignal you will see there was buy signal at 157.87, the EA open trade with 1.7 lot and closed 0.2 lots at approximately 55 pips interval and 0.1 lot is preserved. PM me if you have more questions or suggestions.
Reply With Quote