This goes for trading period, use these figures that I have below if your going to use this EA or Zulu, it's all the same except on Zulu in settings you can control your lot size , amount of any trades to be open at any one time, set stop limits and with Auto FX, which seems to be stolen goods you have to manually watch and close out trades if they go against you.
For every $1000 here is the risk and lot size to use.
Only risk 5% at any given time on the total balance on your account and only use 1% of your total trading balance on any 1 trading idea (any single trade or pair)
$1,000 - @ 5% risk = $50, use .01 as lot size= $.10cents (500pips risk {500x.10 cents=$50}) Only have 5 positions open at any given time =100 pips/ lot for stop.
$2,000 - @ 5% risk = $100, use .02 as lot size= $.20cents (500pips risk {500x.20 cents=$100}) Only have 5 positions open at any given time =100 pips/ lot for stop.
$3,000 - @ 5% risk = $150, use .03 as lot size= $.30cents (500pips risk {500x.30 cents=$150}) Only have 5 positions open at any given time =100 pips/ lot for stop.
$4,000 - @ 5% risk = $200, use .04 as lot size= $.40cents (500pips risk {500x.10 cents=$200}) Only have 5 positions open at any given time =100 pips/ lot for stop.
$5,000 - @ 5% risk = $250, use .05 as lot size= $.50cents (500pips risk {500x.10 cents=$50}) Only have 5 positions open at any given time =100 pips/ lot for stop.
$6,000 - @ 5% risk = $300, use .06 as lot size= $.60cents (500pips risk {500x.10 cents=$50}) Only have 5 positions open at any given time =100 pips/ lot for stop.
$7,000 - @ 5% risk = $350, use .07 as lot size= $.70cents (500pips risk {500x.10 cents=$50}) Only have 5 positions open at any given time =100 pips/ lot for stop.
$8,000 - @ 5% risk = $400, use .08 as lot size= $.80cents (500pips risk {500x.10 cents=$50}) Only have 5 positions open at any given time =100 pips/ lot for stop.
$9,000 - @ 5% risk = $450, use .09 as lot size= $.90cents (500pips risk {500x.10 cents=$50}) Only have 5 positions open at any given time =100 pips/ lot for stop.
$10,000 - @ 5% risk = $500, use 1.00 as lot size= $1.00 Dollar (500pips risk {500x.10 cents=$50})Only have 5 positions open at any given time =100 pips/ lot for stop.
Do not use the suggested lot size that the EA uses below, it will blow out your account:
Use lot = 0.01 for deposits less than $1000
Use lot = 0.1 for deposit from $1001 to $4999
Use lot = 0.5 for deposit from $5000 to $9999
Use lot = 1 for deposit $ 10K and above.
As you can see these limits are staggered at every $1,000 and will keep you in the trade as long as you stay to the rules. Do not exceed 5 open trades at any given time unless you reduce the pips size. Ex: If you have 10 open trades at any given time of which this EA seems like it does then you adjust your stop loss now to 50 pips / lot which is still keeping in your rule of not exceeding more than 5% / lot. This can and is being done in thousands of trading accounts to keep profitable. Using the suggested lot size that Auto FX Millionaire is disastrous. That's what Demo accounts are for, to learn from how the EA works and it's nature. This one seems to have a huge draw down at any given time and seems like it is trading martingale or grids. You can also manually close out any trades in your EA to keep in your stop. Also you can turn it off and turn it on when you need to. Overall, I think this EA has potential , seems like the server errors are fixed now need to watch it until 8/19/2011 which is my 30 evaluation of this EA.
Thanks,