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Old 03-05-2007, 04:09 PM
MrPip MrPip is offline
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Join Date: Mar 2006
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Questions

Quote:
Originally Posted by q_jak
Hi there, so I started forward tests today at midnight.

So far it opened 5 transactions, 4 of them profitable, but one was a huge lost.

So after all I have 286 profit out of initial 10000.

What I did was:
- swith off trading hours
- enabled trading on NY
- set MiniAccount to false

I have some questions I wonder if you can help:

1. It always try to invest in 1 lot even the setting is 0.1 lot and money managment is enabled. Why? Can you limit it down somehow?
2. Does EA can close positions by itself other than crossing TP os SL? I admit that I closed manually 4 of 5 opened positions, which allowed me to save the profit and cut loses. One was closed by TP. This is what you are intended to do?
3. SL were set 100 pips away from opening price - It's quite far, doesn't it?
If you compare to TP which was set 50 pips away, then if EA is not exiting by itself, then there are bigger chances to loose than win.

Can you suggest what settings you apply?

What is the reason that by default trading hours are on and trade NY is off?

Best Regards,
Q_JAK
With MiniAccount false the EA will only trade standard lost and the minimum is 1 lot with FXDD. I wrote the ea with FXDD rules for lots and with a standard account they do not allow minilots.

It should not make that much differentce as 1 lot is 10% of 10000 and that is how I tested the ea.

If you want to test using minilots set miniaccout to true.
With MoneyManagement enabled the value for Lots is not used. That is only used when MoneyManagement is turned off.

Other questions were answered correctly by MiniMe.

The other way the EA will exit trades is when the HMA trend changes and Fisher confirms. That only happens when TakeProfit is not met.

With version 1.8 the trade will also exit with chnage of direction detected by Fisher.

When testing other pairs look at the trade on the chart and see if there was some take profit level that might have been successful. Then use that seetting for the ea.

I hope some of you will keep records of settings that work for each pair being tested. When the different settings prove to work I can modify the ea to check the symbol being traded and automatically set the values for the indicators, stop loss and take profit.

Robert