Search results

Good day You hit the nail on the head. Strange how it will be profitable for at least 2 months and then suddenly it goes all haywire. I was making decent profits for two months straight. This month starts and it works it self back wards. Guess its back to square one.

Good Day @cchong The exact same thing happened to me on both my live accounts. All settings was the same my lot was lowered to 0.02 because I started testing Indices as well. I was caught in the GBPJPY trade as well. Well over 200pips in drawdown. This is same thing that happened to the GBPUSD...

Hi Bmad Hope you well. Go look at my post and few other members. We have narrowed down which pairs works well and which don't. This EA works on any pair. The list of pairs that it comes with as default it will trade them all. Like previously mentioned the risk tolerance is the key on this EA...

Good day All Just some feedback. So yesterday was rough day in the market. The EA was stuck in a GBPUSD sell trade from the Tuesday. I left the trade open hoping it would TP before the CPI news dropped. CPI news dropped and GBPUSD shot to the upside causing a massive drawdown. The trade ran...

Its all a pleasure. ;)

Good day Has any one tried converting the MQL file to work on MT5? I see a lot of brokers are starting to phase out MT4 and only using MT5.

Good day Very well Said. ;);)

Good day Good day No I haven't encountered one trade on demo or live account that went even close to the 400 pip SL. The largest drawdown in pips that I experienced on live account was 100pips. So the 400 is a safe setting.

Good Day This is my settings So here is my current settings. Start off with a 0.01 lot. Time frame - M15. This time frame works best for EA. Lot size 0.04 - I am on a 1000usd plus account. Based off my Take profit and the pairs this lot size is safe for my account. Take profit - 18pips Stop...

All Good. Today is FOMC I will be running mine on smaller lot just to see what it does. Last FOMC it made profit and didnt run into any drawdown.

Good day. No problem. Do share your feedback as well. ;)

Good day Good question. I have left it running on two seperate NFP's. And it still did very well. Strangely enough it was on CPI news event that I went into heavy drawdown. So its purely based off how much volume and volatility the news brings on the specific day. I would suggest you can either...

Good day Bmad On my settings the trades will be slow. You can add in other pairs also. Even the the default set file that comes with the EA has more pairs. Personally I like the fact that it doesn't over trade. That will minimize the risk and drawdown. No point in you letting it trade 10...

All Good.

Good day I think the MQL file is somewhere in this thread.

Hi @gkhanetlikci Small account id suggest 1:500. The leverage is what will allow the account to not blow immediately if the EA does go into drawdown. On a 100USD you need to put lot size 0.01 and maybe cap the EA on the pairs. Only let it trade 2 or 3 pairs.

All Good. Let us know how it goes. And if there is anything you see that can be changed.

@ermas1 Good day Hope you well. Based off your settings. If you specify 16 pairs does the EA trade all 16pairs on your live account? I see even if I specify 16pairs on demo it only trades up 4 off those pairs across a period of a month.

Hey @ermas1 No problem will keep giving updates as I go along. Below this week's profit. This is on a zero spread live account with Exness. Account is in ZAR, my home currency. Deposited just over 600USD. Profits for week around 71 USD. conversion rate R15.82/1 USD highest drawdown I was in...

- Max trades each side is basically telling the robot that It can only open 10 positions both side at one time. depending on what you set it too. default setting is 50. But based off my testing. the most positions I had at one time was 10. And that wasn't even one way. one way meaning either a...