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Yes you are very much right bro
this unexpected downfall move of GU has washed my account completely. my other account was saved which I have turned off on 24th Feb due to shifting to another broker
this account I have stated with $100, lot size 0.01, multiplier 1.00
after reaching balance of $250 then I have changed lot size 0.02, multiplier 1.10
I will change the setting later after reaching balance of $500, which I am hopeful that it will achieve
*Always use low spread broker
You should have to change the multiplier factor to 1 or 0
in $100 account choose Lot size 0.01 and Multiplier 1.00 or 0.00, otherwise your account will be blown
I have started with $100, but it is recommended by the developer to use an initial balance of $500 for 0.01 Lot size
First use H1...
I have used so many EAs but among all of them, Bender is performing very well to date.
I am sharing my results, do not use it in hurry, always test it before using.
I have backtested in December 2020 on all pairs but found GU the best pair for this EA
my account was blown... :(
Now I am using Bender v2 from last Jan 2021, it is much better than all others which I have tested
I am sharing Bender V2 result, if you need any help regarding bender then I am available
I am using it, and it is very dangerous
80% it trades against the trend, means it put Buy order HH and Sell orders on LL
You have to change the multiplier to control it