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I backtested this 'copy of' EA and we may see from the results for following:
I think that good starting deposit size may be 50,000 per pair with 0.1 or 0.2 lot size and maximum orders = 9 (default settings). H1 timeframe.
Very big drawdown: look at the end of testing.
I will try to backtest with maximum orders = 3 and lot size - 0.1 with deposit 5,000.
I backtested it with 5,000 deposit size. We may see it from the image.
Thus, it is good EA for the people who are having big deposit and if they will lose this deposit so it will not be a tragedy for them. Why they should play in forex in this case so it may be a question.
Anyway, if someone improve this EA (or find good settings) for 50,000 deposit working with 0.02 lot size for example, or for 5,000 for 0.2 lot size - it will be great.
Last edited by newdigital; 10-14-2007 at 10:05 AM.