Dear all, for your info, please find the two attached screenshots of the result produced by this EA (after testing for almost two months plus) with the following settings used:
Deposit: $10000
Leverage: 1:1000
Time Frame: M15
Currency pair: EURUSD (actually it does not matter what currency pair you attach on the MT4 chart, just make sure that you attach only ONE currency pair on the MT4 chart, then the EA will trade with multicurrency pairs according to the currency pairs that are listed in the parameter settings.)
Settings:
Fixed Lot: 0.1
Multiplier: 1.11
Step: 20
Stoploss: 0
Trailing Stop: 9.0
Max Trade each side: 50
Max Pair Trade: 2
Currency added in the parameter settings: GBPCHF, EURCAD, AUDNZD.
The rest of the settings remained as default.
Things to take note:
1. Account Leverage Size
Please try to use a large leverage for your better safety. As some of you would notice from one of my screenshots, the maximum drawdown percentage of my $10000 account with such a large leverage of 1:1000 used is 34.20% which is considered to be risky (this happened because recently the USDJPY pair had suddenly turned extremely volatile and ended up with a total of 17 sell trades placed by the EA that had actually blew up one of my live account which is sad but true). Imagine if your account is using a much smaller leverage, I don't think you could survive when there is a huge or big trending movement happening with any of the currency pairs.
2. Lot size
Be very careful not to use the wrong lot size for your account. A lot size that is too big could easily get your account blown in no time.
You could use 0.1 lot for a $10000 account and 0.01 lot for a $1000 account. However, if your account balance is smaller than $1000, then you cannot use any kind of standard account or even ECN account. If so, you would need to use a CENT account (please check with your broker as not every broker has CENT account offered for their clients) in order to survive with this EA. e.g., if you only have $100 and now if you use a CENT account, it would then turn your $100 into a 10000 cents account. By doing so, you can then use 0.1 lot to trade for your 10000 cent account.
Okay that's all from my sharing. Hope that helps. Wishing you all the very best in your testing and trading. Whatever you do, try to be safe and stay safe as always. Take good care everyone and God bless