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pipsweak, in your experience forward testing this 5m EA, how many percent of equity was the max draw down?
It depends on your level of risk. With the default money management settings, the drawdowns may be a bit high. At default, you may get a max DD around 50% on the 5 min system. The 1 min system is closer to 20%. However, with a system this profitable, you can always turn down the lot sizes and do pretty well.
Thanks for pointing that out. Any particular suggested broker you want me to test it out?
Regards
David
I'm using Velocity. I suggest you try FXDD. Don't backtest on FXDD though, because their 1 min data has serious flaws. There are several 2-3 min gaps between bars. Also, try North Finance.
Linear Mode
