briwatt
i started with the original euro/$ on a $3000 demo with fxdd. i then got the new ea & opened a $3000 demo a/c. i let them run without looking at them 24/7
they went like a bomb & then exploded.I reset the 2 demo accs with $3000
but i now trade them. i watch them constantly, i allow only 1 trade at a time for each pair & then turn off killzone.Ie with the 5 pair acc I allow only 1 of each pair as a pending order. if i see there is a pair missing on the pending orders i open & shut killzone for that pair only once pending order established.
On the 5 pair demo the account is up $3300 in 40 trading days. the euro is also up significantly bot not as profitable.
perhaps it will still bomb out eg i dont know what the effect will be when the market starts trending say 800/1000 pips .louis siebert is great at answering emails but not at answering specific questions. maybe he gets too many & so generalises but i find this unhelpful. one other thing i will do is say when losses reach 5 to 10% of capital is to manually close out all trades. louis did give an answer saying,i think, when a buy & sell are both making big losses to take the one with higher lots & sell off lots to equal one with lower lots
i havent tried this so i dont know if it will work & i am not mathematically clever enough to understand it. i would just cancel both.
hope this helps but this is the only robot out of prob 50 odd that ive used & that has a remote possibility of working. i wouldnt throw it out - persevere but trade it.
PS i had a $238 fxdd acc that i never traded & so decided to apply cashcomp
to it. i now have $274 after a week.
i started with the original euro/$ on a $3000 demo with fxdd. i then got the new ea & opened a $3000 demo a/c. i let them run without looking at them 24/7
they went like a bomb & then exploded.I reset the 2 demo accs with $3000
but i now trade them. i watch them constantly, i allow only 1 trade at a time for each pair & then turn off killzone.Ie with the 5 pair acc I allow only 1 of each pair as a pending order. if i see there is a pair missing on the pending orders i open & shut killzone for that pair only once pending order established.
On the 5 pair demo the account is up $3300 in 40 trading days. the euro is also up significantly bot not as profitable.
perhaps it will still bomb out eg i dont know what the effect will be when the market starts trending say 800/1000 pips .louis siebert is great at answering emails but not at answering specific questions. maybe he gets too many & so generalises but i find this unhelpful. one other thing i will do is say when losses reach 5 to 10% of capital is to manually close out all trades. louis did give an answer saying,i think, when a buy & sell are both making big losses to take the one with higher lots & sell off lots to equal one with lower lots
i havent tried this so i dont know if it will work & i am not mathematically clever enough to understand it. i would just cancel both.
hope this helps but this is the only robot out of prob 50 odd that ive used & that has a remote possibility of working. i wouldnt throw it out - persevere but trade it.
PS i had a $238 fxdd acc that i never traded & so decided to apply cashcomp
to it. i now have $274 after a week.
