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I am trialing on a live mini-account, as well as a demo. So far no trades opened live, but plenty opened in the demo. Any ideas anyone?
Hi Tururo,
Some brokers add a "m" to their pairs if you have a mini-account with them. So check if this is true in your case and if so you have to change the code:
Eg. change:
if(Symbol() == "USDJPY")
to:
if(Symbol() == "USDJPYm")
New version Phoenix (4_2_02) in first post. Fixed a problem with certain micro-accounts where the broker puts a "m" behind the pairs (so USDJPYm instead of USDJPY).
Some brokers add a "m" to their pairs if you have a mini-account with them. So check if this is true in your case and if so you have to change the code:
Eg. change:
if(Symbol() == "USDJPY")
to:
if(Symbol() == "USDJPYm")
There's a setting in Phoenix called MaximumRisk. What's the meaning of this parameter? It's a parameter used by the Money Management function. I think I can show the effects best by two examples:
USDJPY from 2006.3.22 to 2006.9.22 with MaximumRisk=0.05 and with MaximumRisk=0.5.
Well, look at the results. If you really have confidence in an EA and you want to be rich in 6 months....!
But remember, setting the MaximumRisk is at your own risk!!