Drawdown in a basket....hedged....directional....overlapped...wh o the F&*& cares? My tolerance is no more than 15% DD EVER...intraday..Peak to Valley or whatever...ever....no more than 15%...Yield will come...

Exposure or diversity has nothing to do with it...

ohhh...this is my trained opinion

ES

I think the major concern about the big drawdown is because of trading multiply currency pair. If this EA is optimized with 1 pair ONLY, then I think the drawdown can be control. Ofcourse, by seeing the author purposely put down a equity closure function, we already know the EA need certain amount of trading range to make profit. Ofcourse, might need a huge floating loss to survive for the future profit. In this stage is too early to judge whether its a good EA. Until I can download the EA, I'll have it run on single pair on multiple accounts, and also 1 of the account with all pairs. Then it should bring us the real capability of the EA. Today is a good day, to see profit. I hope you guys do. Time to bed. Ciao



Regards

David

Yohannes,

I dont know whether you do this on purpose. Your EA obviously eating too much memory. I've setup an account on the PC that I use to download porn ONLY. But, obviously the EA have swallow my memory. Please check your recursive routine on drawing indicator and chart comment, whether it recalculate EVERY PIP instead of everybar. Its killing my computer, how am I suppose to run other stuff if your EA like this.

Another thing, when there is a opportunity to take a trade, your EA seems to randomly open trade on that bar. Is this how it supposed to be? Or you dont know how to code it to make 1 trade/bar? Today have a big bang on GBPJPY all the way. We still have a few more days until the week ends. Your explaination will be much appreciate. Again, no critics. Just testing and observation. Let us know how you think about my point of view. Cheers



Regards

David

What is fxdd minimum capital to be an IB?

__________________
No

Hai there David,

No, the EA is not using any recursive calls, it's using only basic mathematic tracing the history, without using any recursive functions, this quite new that the EA is eating to much memory, because i didn't call any BIG memory allocations at all..

But it did make calculations on EVERY ticks, my computer is Pentium II 400 with memory 64MB Pc 133 operating system windows XP Home Edition, i didn't suffer any 'lagging' to browse with opera, and runing YM..yes, i'm affraid the EA did consume a lot of processing power to the CPU..

Thank you for opening my eyes to this matter

The EA may open manny trades on the same candle as long as it choose that the position should generates profit, i did not limit the EA to open trades on the same candle.. Thanks for the observation thus far, much appreciate it, i really do

Hope this will clarify some..

Cheers

Yohan

Please allow me to update the current acumulative progress:
Cumulative result as of 19 Sept 2007

Total Trades : 2095 Trades
Profit : 4140 pips

you could allways confirm this to the demo account provided

considering the rebates:
4140 pips + 0.5 pips*2095 trades = 5187.5 pips

Thank you for being there

note : **red means down

Considering the rebates?
What does that mean your pip total includes ref commissions you get for people signing up?

__________________
No

Nope,
for every trade an a referal did, an IB should recieve commision from the broker, for this, i will return 70% of my earning to the referal

For simplicity i've included on the calculation 0.5pips per trade on the cumulative result

Please allow me to update the current acumulative progress:
Cumulative result as of 20 Sept 2007

Total Trades : 2127 Trades
Profit : 4270 pips

you could allways confirm this to the demo account provided

considering the rebates:
4270 pips + 0.5 pips*2127 trades = 5333.5 pips

Thank you for being there

I tested this EA for 3 weeks since you posted on that other forum and it's been a constant loser. Of course the EA you have running on that demo isn't going anywhere too since that time. All those pips you had were running the older version before you made the EA to trade at certain times only.