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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 ![]() Last edited by freak : 09-08-2006 at 09:53 PM. |
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P/S: I like this EA cause even it risky but the trailing stop will help the huge loss ![]() |
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10points 3-1
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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 |
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This is a report on MICRO LOTS from Velocity4x this is a demo account however Velocity4x uses the Same server for Demo and LIVE, same software just change account number, if you are patient real good results note that 7 losses in a row using .002 is 1.28 less risk here are my settings for this report
Please note EUR & CHF starts at .10 Mini Lots others Micro Lots, as determed by yeoeleven this are less risky than other pairs. Maxi Lots is changed to 7 this is ok on Micro accounts, I am not putting a Stop in currently if you do put it far away maybe 150 pts on Micro lot's EUR/USD TP 30 TS 20 GBP/USD TP 30 TS 20 CHF/USD TP 30 TS 20 JPY/USD TP 22 TS 8 AUD/USD TP 16 TS 8 EUR/CHF TP 10 TS None EUR/JPY TP 21 TS 10 CAD/USD TP 16 TS 8 In my opinion the settings are very inportant EUR/CHF should be dropped , you could reduce TP settings from 30 to 25 on Top major (3) but this needs to be tested, I like this much better than the Multi Scaper in the other Post's Last edited by txsundevil : 09-06-2006 at 01:07 PM. |
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