Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
An arbitrary number of your choosing, of how many pips beyond the maxtrade stop point you want to place your stops. E.g. Maxtrades = 5, Pips = 15, InitialStop = 1, stop point = 76 pips from opening trade. If InitialStop=5, stop point = 80 pips from opening trade. If InitialStop = 10, stop point = 85 pips from opening trade. I hope you get the idea.
Well, I do agree that running this EA with small capital is quite risky. Anyway, I am running this EA live with default setting, in a $800 real account, using minilots (starts at 0.1 lot) since 5th September and as of today, my balance is about $1.3K. I do get many "Not enough money" alerts, but I just ignore that.
-RJ1-
I also am thinking about jumping in with a live account (InterbankFX) with a 1K start using micro lots (0.01) to start.
Whats the version you are using?
Is there a 'good' compiled version of this EA that I should grab ?
i am using the above settings, but my db has a 1 lot min. position so i had to adjust mine accordingly, i have had to do the same with the trailing stop. after reading the original posts from the developer these settings i find might work out for me, but i am a little conservative. i would rather take a slower approach at first and see what it is going to do.
__________________
" If you are not here to live a perfect life, then you are wasting it. "
All of this thread including 10points3 & DLMv1.3 originated from the link above. Register there and you will be able to read the forum and the EA's authors comments as well as download the latest copies.
This thread has forward tested both with varying results and made suggestions so you may like to go through both locations in order to get the best results.
It is all in the settings below is one days trade using the dynamic stoploss but allowing it to trade up to 6 MaxTrades. Using FXDD M30 charts on all 4 recommended pairs.
As with tururo, CHF would have blown me away but a 17 pip direction change was enough to close the pair trading @ 3.2 units.
But as we all know using a 25K demo account is altogether different from using live funds.