I have been reading this thread with great interest and believe in the theory behind the logic.
I am willing to put this on a small, live account for forward testing.
I currently have $1,503.91 in a live mini account with IBFX with 100:1 leverage.
I modified the "MaxMarginToUse to 2.0" as suggested in MetaCoders first post. All other inputs left at default.
When the Basket14-03 opened, it opened all 7 buy orders. It opened each buy with 2.0 lots. However, it could not open any of the sell orders.
My trade journal says :
2010.09.08 11:20:22 '34175': order sell 2.00 EURCHFm opening at 0.00000 sl: 0.00000 tp: 0.00000 failed [Not enough money]
I also received this message for all the other sell attempts.
It seems to me that the EA is attempting to open too large of a lot size for the account equity size?
Again, the only thing I modified in the user inputs was the ""MaxMarginToUse to 2.0" as suggested by Metacoder on the first post.
The default lot size in the EA is set at ".1" It makes me think I should change that user input to ".01"?
Any assistance with this is greatly appreciated as once I get the EA trading properly on my live mini account, I will report back with some results.
Thanks for any assistance and great idea Metacoder!
I am willing to put this on a small, live account for forward testing.
I currently have $1,503.91 in a live mini account with IBFX with 100:1 leverage.
I modified the "MaxMarginToUse to 2.0" as suggested in MetaCoders first post. All other inputs left at default.
When the Basket14-03 opened, it opened all 7 buy orders. It opened each buy with 2.0 lots. However, it could not open any of the sell orders.
My trade journal says :
2010.09.08 11:20:22 '34175': order sell 2.00 EURCHFm opening at 0.00000 sl: 0.00000 tp: 0.00000 failed [Not enough money]
I also received this message for all the other sell attempts.
It seems to me that the EA is attempting to open too large of a lot size for the account equity size?
Again, the only thing I modified in the user inputs was the ""MaxMarginToUse to 2.0" as suggested by Metacoder on the first post.
The default lot size in the EA is set at ".1" It makes me think I should change that user input to ".01"?
Any assistance with this is greatly appreciated as once I get the EA trading properly on my live mini account, I will report back with some results.
Thanks for any assistance and great idea Metacoder!