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Can you give us a quick understanding of how V1 and V2 work? I see that it immediately enters a buy order and a sell order, both of which have a 27 pip take profit and a 200 pip stop loss.
Obviously I don't understand this well, as it appears that when one order takes the target out the other has a 27 pip loss so nothing was gained.
Can you explain it briefly so that I can understand how the EA works?
Why don't you read my earlier posts? (around #270-#300 on this thread). I think you'll find all about V1 and V2.
Hi guys it's very dangerous to use V1 and V2 EA (or V1+V2 EA) on mini account !!! Cucurucu say 3000$ or more!!!
I try to backtest V1+V2 on mini account from 500$ since 2001/01/01 to 2006/01/01 and few result are good!!
The problem is the startup of account from 500$ to 3000$: during this period the system is very vulnerable. When the market going to in a strong trend, system open more trade (0.01+0.02+0.04+0.08+0.16+etc...), the free margin and equity go rapidaly to zero!!! If we not have more money to support this situation, the sistem crash and we lose all money!!!!
We must made a solution against this!!!
Thx
The difference from V1 and V1mini (the same for V2) is the calc of min lot.
With V1 we have:
minlot=Balance/6000/100
...so every 6000$ on your account, you double the lot
Example: start with 3000$ on your account--> minlot=0.01
when your accont is 6000$ --> minlot=0.02
when your account is 12000$ --> minlot=0.03
...and so on!
with V1mini we have:
minlot=Balance/600/100
...so every 600$ on your account, you double the lot
Example: start with 300$ on your account--> minlot=0.01
when your accont is 600$ --> minlot=0.02
when your account is 1200$ --> minlot=0.03
...and so on!
There is another difference about Maxlot:
On V1:
if (AccountBalance()>6000) MaxLot=MathFloor(AccountBalance()/40)/100;
On V1mini:
if (AccountBalance()>6000) MaxLot=MathFloor(AccountBalance()/4)/100;
...there is an error here ^ .(I suppose). The correct is 600 and not 6000!
Like you see, both V1 and V1mini start with minlot=0.01, but there is a big difference about the margin free because (the margin used for 0.01 is the same) on account with 3000$ we have enought money for trade another lot (0.02,0.04 and so on...) instead on mini account with 300$ there is a dangerous situation.
Make your calc!!!
Thx
First, we worked together,
it was fun and we were getting better with the system
then someone knew more about it and hide it for himself.
he forgot about the community and go for his ego
even he sell it...
Linear Mode
