i closed all open orders in phantom6_01 as the margin came down to 139 %.
I am now running phantom06_1a and phantomaddsix_02a
I am now running phantom06_1a and phantomaddsix_02a
Intraday only.
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DislikedI think a margin call will eventually come with any of these EA's if your're going to trade .1 size lots. I'm trading .06 size lots(AddSix 02a) with $39,500(demo) so I'm going at this much more conservatively than some of you guys. I estimate I could withstand more than 150 trades before MC with 50:1 leverage.Ignored
DislikedPhantom6_1a:
The profit target has reached but the trades did not close. It reversed.
You guys have same problems?Ignored
DislikedOhh yah, i was running phantom6_01 earlier in this platform, but now i changed to phatom6_01a.
I opened new demo a/c with 5000 $ for phantom6_01a.
However it shows last balance 5347 which was the earlier balance with phantom06_01.That is why id did not close.
It recognises the old a/c balance even after oening new demo a/c with 5000 ?Ignored
DislikedOpen demo account standard the Euro 3000 leverage 50:1 03/11/2010 10:00 am
MMTU = 0.5
LOTS = 0.1
PP = 0.75
results to date 12/11/2010 10:00 am 3660.07 +22.00%
DD = MAX -465.11
LM = 93.94%Ignored
DislikedBefore running any EA, press F3 and make sure you delete all Global Settings. I had the same problem a few weeks ago and I get crazy for hours.....Ignored
DislikedBefore running any EA, press F3 and make sure you delete all Global Settings. I had the same problem a few weeks ago and I get crazy for hours.....Ignored
DislikedYour lowest margin of 93.4% tells me that you have had a margin call even though you have a profit and the graph looks really good.
That can happen with these EAs if the market is favorable. What happens is when margin goes below 100% the broker's software closes the biggest losing trades until margin is back above 100%. If the market is favorable the remaining trades can come into profit and reach the Equity Profit Target, giving you a profit. It happened on my AddSix_01 demo and apparently it has happened again here.
Maybe there is a lesson...Ignored
DislikedIve found it briliant. Theoreticaly it should not loose if you let the EA do its work and You have proper setting according your leverage, account size and lot size to be able to handle as much trades as possible.Ignored
DislikedI set 2a on a small live account of last weekend so that it started trading with the Asian / Australian session. I have a MMTU 0.3 and a PP of 0.5. Thus far I have been very impressed. (see attached)
I have read the logic arguments for trade entry on both the "x factor" and 2a. I think a good logic argument for entry would be to use both ie. one of the six pairs has to identify itsself as in 2a, but then we have the safety catch of 1x with all trades of the same pair having to be in profit. Well that's my take on the logic. I'm sure some one will...Ignored
DislikedMaybe there is a lesson to be learned here? Maybe at a given margin level we should have the EA close the biggest loser every hour, as well as adding a biggest winner. Just a thought... maybe worth considering.Ignored