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It depends on the EA trading strategy, try this, go to trading view, put in the same indicators as the EA, after that use the measure tool to measure the Draw down when a trade is entered under the combined signal of the Indicators. From there you can determine your risk tolerance in terms of...
So far no good results, especially for small accounts. I'd recommend trading manually and build a bigger balance, because this EA has a very high drawdown. If you aren't careful it'll blow your account. This EA is too high risk for my taste.
I think it depends on the EA, Lot size and type of strategy being used. Just like others above said, manual is best for small balances. However, If you'd like I can recommend two EAs that can produce some profits with small accounts, but keep in mind, the smaller the balance the bigger the risk...
PFX forex scalper has been pretty decent so far, I've been testing a couple of EAs I got from the forum and so far PFX has produced consistent results, the drawdown I've seen so far is a very low, between 10% ~ 20% depending on your account balance. This Ea can work with very little investment...
I have a few indicators (not applied to the chart yet), I found that slowly overtime, the mt5 platform slows down. The ping gets up to 220ms but after a reinstall it goes back to 128ms, anyone facing anything similar?
I'm a new trader and I've been trading for some time now, somewhat successfully, I wanted to ask the community. Who has had more success with either EA trading or manual trading.
I've found that not every strategy works for every one, some have been profitable for some, while the same strategy can blow another account. I'm still a green horn, but I'm learning that having the right edge and money management policies in addition to a good psychology is the key to success.
I have the paid version of trend pro, with proper use and reading the forum you can actually make back the 98 bucks you spend on the indicator. On the pipfinite channel, they have many strategies, for example the one I'm using is 2x trend pro (one with 4 period and the other 10) with Stochastic...