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Overall I think the TSR line may be a viable line and that is why I would like to see the parameters for the TSR v5 or v6.0 to see if there are any tweaks that will make it more stable and reliable. Also that will help to make GJ more attractive since that is the best avenue to ensure that you...
MOVING AVERAGE. I have this set to default 20. I would have preferred to be able to use 21 EMA because I prefer to use a Fib number but with no way of changing it I leave it at default. Don't think it really matters. My belief is that with a TF of 5M I would have loved to set the moving average...
LEVELS: I leave this at 12. With a setting of 1.5 I have seen lots of 0.41 double opened. On my small account of $500 with EU and UC whenever it reaches 0.08 double I change the grid settings to 100 to stop it from taking additional trades too quickly and leave it to manage the open trades. Does...
DiMARTI: This is the martingale story. Many people will tell you that Martingale is the sure way to kill your account. They may be right. It is like giving a child a tool that they cannot handle. If you understand it and use it wisely it comes to your rescue. Firstly the number you use is the...
RANGE: I prefer to call it GRID. You can change the tone of any pair by your GRID setting. Let us think of the JPYs. They are volatile. But because they are volatile and make such large swings they can make you a lot of money daily as they swing up and down and even over time. There may be...
FIXED LOTS: Set to 0.01 forever. If you are using GJ and your account is doubled you may be able to shift it to 0.02 but monitor it closely. This is best used if you so not intend to withdraw for a while but I have not tested it yet. I intend to do that next month when my balance has doubled.
LOT SIZE. I use Fixed Lot. I think this EA is too volatile to let it start setting its own lot size. You are inviting a margin call if you do. I believe that this EA is best used to deliver a fixed amount per day. To make more money open additional accounts with your settings but DO NOT try to...
START HOUR/STOP HOUR. I have these set to default 0 and 24. I do not turn it off for anything (well except now if it has a huge drawdown I will set the grid to 100) I let it run on a VPS and that is it.
There are parameters called Info 1, 2 and 3. I am not sure what bearing these have on anything. Do you need to change Info 1 for each pair that you use or just leave it on EURUSD default as I have done? Info 2 and 3 if someone understands their significance please let me know.
BACKTESTING: I think I should mention here my personal view of back testing. It will only help to make sure your parameters are working but I do not trust that it can give you a proper understanding of what the EA will do under live conditions. The broker has AI installed on their end messing...
TIMEFRAME. I started testing it on 4HR but the accounts margined out at some point. I cannot say for sure whether it was due to the TF or other factors so I had to test the parameters by using them one at a time and seeing the effect they make on the balance. Conclusion - still Not very clear...
I have tested the EA on a lot of pairs including CC AJ NJ GC etc but the ones with lower spreads are still better. I have settled on EU UC and GJ. Why GJ you may ask considering that it is so volatile and has the potential to margin your account? That is were trial and error comes in and a few...
In my initial offer of the tsr v2.0 I was told it would work on 5 currency pairs GJ, UJ, EJ, EU and EG on a small account. So I started with $500 and a leverage of 1000 and of course the jpys shot my account in no time. I was using it with default settings. That was a live account because I was...
What timeframe should I use? The v2.0 seems to have 4HR as standard. I have switched it to 15M, 5M and even 1m but none of them seems to matter. I should mention that this is using the GJ pair which brings me to something else.
Firstly the EA trades against the trend in two ways. It uses the 20 MA which I think is a simple average and if price is above it will open SELL trades and if below it opens BUY trades. When it opens either BUYS or SELLS it may open both COUNTER TREND and TREND trades. So that is the first thing...
I have been testing the TSRv2.0 on live and demo accounts with numerous settings. After a few shot accounts both live and demo there are some things I have observed and I will list them here one by one for discussion. You can let me know your experience or whether it matters.