DislikedWhen you reach trade7 your total exposure is 0.42 lots and the DD is -$200 Let's say you give one more level to breathe and cut them all when it's reached Your loss then would be about $320 Now you need 80 winning cycles in a row that don't need more than 2 trades to simply breakeven Am I missing something?Ignored
MoneyLossToHedge at $100.
It also has the feature to limit the level in MaxLevel_To_Open. This stops the robot from opening more trades.
In both cases you have to take over the steering wheel yourself.
In 2014 and 2015 the MoneyLossToHedge is activated at the level of $100.
This surely was caused by important fundamental new. So manually you have to avoid these situations.
Thats why i stopped my robot almost 7 days before the last fomc decision. Last thursday i activated it again.
The new version 7 also has the feature Stop_After _Ending_Cycle so if Draghi, Yellen is nearby you leave it off when it ended its cycle
or you always use this feature if the agenda not promises fundamental changes. In that case it does one cycle and you decide
when to go with the next one. If you are sure about which way it will go you can do the first trade yourself also.
Anyway i am going to see if I can find a clever way to recognize a continous downward/upward move that causes
that it reaches level 7 and higher. One can also make the steps bigger at an earlier stage (6,7).
NB Level 7 is not a fixed amount of drawdown as the robot mixes buys and sells. The only rule is that the latest buy is 30 pips or more below the one before and for sells it is 30 pips above. And this depends of the steps defined in the menu. 0.003 = 30 pips in case of eurusd
I see some people still download the first version but the rar file version7 is the one.