Hi Mickey, Damiend
Thanks for this great system and EA. A humble request, please bring this goldmine to fruition as soon as possible.
I placed the EA on 27 available pairs on two MT4 instances. One produced close to 60% and the other 25% in one weeks trading. On a $6,000 account with 1:400 leverage there were a maximum of ten full contracts running at a given point of time, I.e one full contract per $600. Not exactly what one can do on a live account. Point to note here that the system handled this very well. I would think that one full contract per $2,500 to $3,00 is probably workable and can produce a hefty monthly return.
There are improvement possibilities by way of selecting the pairs to trade, not trading during news hours etc. There were times the EA was inadvertently shut down and at others, there were internet issues, possible areas of improvement. Also, difference between the two setups was that for the 60% setup, I used to close all the trades when a 10 to 12 % gain was recorded for a particular run. I did not do this for the other setup, another possible improvement for basket trading.
All in all, a great system and a great EA.
In relation to Basket trading, I know that it will not be easy for Damiend and will take a lot of time and effort. If you decide to go for it, it will be great. In the meanwhile, can I request you for something that will help me “manually” basket trade the EA. A check in your EA so that no new trades are placed if the account balance is
1) above a certain amount
2) when account balance is below a certain amount.
These balances to be picked up from global variables. Having these two values as global variables will not need any new input fields for the EA and will not affect the functioning of the EA.
Thanks
Thanks for this great system and EA. A humble request, please bring this goldmine to fruition as soon as possible.
I placed the EA on 27 available pairs on two MT4 instances. One produced close to 60% and the other 25% in one weeks trading. On a $6,000 account with 1:400 leverage there were a maximum of ten full contracts running at a given point of time, I.e one full contract per $600. Not exactly what one can do on a live account. Point to note here that the system handled this very well. I would think that one full contract per $2,500 to $3,00 is probably workable and can produce a hefty monthly return.
There are improvement possibilities by way of selecting the pairs to trade, not trading during news hours etc. There were times the EA was inadvertently shut down and at others, there were internet issues, possible areas of improvement. Also, difference between the two setups was that for the 60% setup, I used to close all the trades when a 10 to 12 % gain was recorded for a particular run. I did not do this for the other setup, another possible improvement for basket trading.
All in all, a great system and a great EA.
In relation to Basket trading, I know that it will not be easy for Damiend and will take a lot of time and effort. If you decide to go for it, it will be great. In the meanwhile, can I request you for something that will help me “manually” basket trade the EA. A check in your EA so that no new trades are placed if the account balance is
1) above a certain amount
2) when account balance is below a certain amount.
These balances to be picked up from global variables. Having these two values as global variables will not need any new input fields for the EA and will not affect the functioning of the EA.
Thanks
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