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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.

It's mt4

I've posted some results on the link above.

Backtesting the indicator shows it repaints, or at least it moves the signal.

Are you using default settings? Did you add a filter, like an MA?

Found it, I'm going to test it too, let me know how you do, sharing data is good for progress :LOL:

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...

https://www.forexforum.co/threads/any-good-scalper-eas.14950/post-112894 I posted a "sort of review" here.

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 mean like how ichimoku is used to determine whether there's a bullish or bearish bias.

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?

Hey newbie here, quick question, what's the difference between divergence and pivot?

Is there a need to add a filter of some sort, like ATR or MA?

Is Martingale a little risky? I'm still new, and I've found that other members tell me it's quite risky to use Martingale.

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.

Is it similar to Ichimoku? I've found that Japanese strategies are hard to understand so far, how are you fairing?:eek:

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.

What's belly system?

One of the best indicators in my arsenal, together with support and resistance as well as Stochastic, this strategy is super effective.