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Originally Posted by freak
using this ea with maxlots=10 and initialstop=0 i SUICIDE!
Just one big move and your account is completly OUT!
look on 2006-01-01 >> 2006-07-01 backtest i've made with/without InitialStop and MaxLots=5
MaxLots=5 InitialStop = 0
MaxLots=5 InitialStop = 150
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Makes a lot of sense. That will limit the escalation to 1.6 units above which it gets scary. I have changed the three pairs that were trading .1 unit.
I am currently up to 3.2 units sell USDJPY and looking back I was only 4 pips from being closed a couple of times. Also was in overall profit many times, I will keep an eye on this pair and when it gets into overall profit again I will manually close it and reduce the MaxLots to 5.. The initial stop on my copy was set for 0.0
ruparaw, my large account is only a demo account but if this keeps up I will follow txsundevil's plan to use micro lots on a mini account.
John