_rdb_The Best Free EA - Page 179

vicky_ag · #**1781** (**permalink**) 02-10-2009, 03:48 AM

tried this on my IBFX demo account and it worked great. But today due to volatility the spread went to 9 pips and this stopped working.

luckybird · #**1782** (**permalink**) 02-10-2009, 04:29 AM

Recently the market seems to be very volatile that even in Alpari trade session the spread is 5 so that this EA does not work at all.

servaldsl · #**1783** (**permalink**) 02-10-2009, 09:35 AM

Quote:

Originally Posted by Wahyu Purwanto

yes me to, the s/l did not work

Rewind some pages before RDB explain why Sl didn't work

ZTrader · #**1784** (**permalink**) 02-10-2009, 02:00 PM

Quote:

Originally Posted by white_goodman

what do you mean by too much exposure?

I mean exposure to risk. There is much greater risk of loss than potential for profit. On a good day it would net perhaps 7% of balance, which by itself seems great. On a bad day, though, you could (and over time certainly would) see 35% or more drawdown. That means you would need 5 times as many good days as bad ones just to break even. Not good odds in my book.

The problem stems from the assumption that off-hour trading is flat. When that assumption is wrong you end up with losing trades which must be cut quickly to avoid large losses. This EA does not do that. I have no idea what the stoploss parameters in the settings are for.. I watched several trades go well over twice as far in the red as the SL settings should have allowed, and it just let them run.

A fundamental rule of sound trading is to cut losses short and let profits run. This EA does exactly the opposite of that, which is a recipe for disaster.

fapturbo · #**1785** (**permalink**) 02-10-2009, 02:08 PM

So far I have seen the Stop Loss work as it should using v2b

28 Pip Stop Loss hit today.

Using aggresive settings on this account. Combination of FAP Turbo and Your Lucky on the one account.

Account openned on the 3Feb2009

Togu · #**1786** (**permalink**) 02-10-2009, 02:20 PM

Quote:

Originally Posted by fapturbo

So far I have seen the Stop Loss work as it should using v2b

28 Pip Stop Loss hit today.

Using aggresive settings on this account. Combination of FAP Turbo and Your Lucky on the one account.

Account openned on the 3Feb2009

is this live account? it looks very aggressive

sirkeen · #**1787** (**permalink**) 02-10-2009, 02:37 PM

Hey RDB..

Any hints as to when your expecting you latest release?!?!

Looking forward to it!

waga · #**1788** (**permalink**) 02-10-2009, 03:20 PM

Hello,Mr _rdb_ & thank you for your good EA!!
I have an account of JPY.
When I set Risk=1,leverage is so higher than USD account.
So I request to define Risk as double.
Please do it if you can.
Then I can trade more low risk.

P.S. Please excuse my poor English...

crossy · #**1789** (**permalink**) 02-10-2009, 03:27 PM

Quote:

Originally Posted by fapturbo

So far I have seen the Stop Loss work as it should using v2b

28 Pip Stop Loss hit today.

Using aggresive settings on this account. Combination of FAP Turbo and Your Lucky on the one account.

Account openned on the 3Feb2009

Hello FAPTURBO,

What is the average size of the lots you used?

Thankes for your response.

ulyses · #**1790** (**permalink**) 02-10-2009, 04:15 PM

Quote:

Originally Posted by fapturbo

So far I have seen the Stop Loss work as it should using v2b

28 Pip Stop Loss hit today.

Using aggresive settings on this account. Combination of FAP Turbo and Your Lucky on the one account.

Account openned on the 3Feb2009

Hi FAP TURBO

What are your settings?
What are the pairs that work?

Regards
ulyses