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Quoting Cubbybgood

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{quote} What settings or part of the manual are you confused about?

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Quoting jshear

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{quote} Settings for lot sizes etc can you please post a pre set for each pair and the Close all for me. Thanks I want to have a better understanding and test it properly. Jeff

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Quoting Cubbybgood

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{quote} The problem with a preset for these settings is everybody has a different account size. I tried to make this as clear as possible in the manual. I've had over 2000 downloads of the EA and I've only come across 1-2 people that don't understand these settings. I'm sorry, I will not be able to make these into a preset since every person using the BlastBands EA uses a different account size.

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Quoting jshear

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{quote} Please explain the account side settings more clearly.

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Quoting Cubbybgood

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{quote} Is this what you're confused about? Risk/lot Rules 1000:1 leverage recommended minimum account size is $500 Max lot size = 0.01 500:1 leverage recommended minimum account size is $1k Max lot size = 0.01 250:1 leverage recommended minimum account size is $2k Max lot size = 0.01 100:1 leverage recommended minimum account size is $5k Max lot size = 0.01 50:1 leverage recommended minimum account size is $10k Max lot size = 0.01

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Quoting jshear

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{quote} Yes. So for a 50k account at 100/1 would be max .1 per trade? Also there are other settings not explained properly. Grid martingale etc?

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Quoting Cubbybgood

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Big profit today and this week with BlastBands V2.6 so far! This tracked account may go public as early as next week so people can follow along... I'm also testing it (for fun) on the GBPUSD and EURGBP. Look at this sequence of trades (in the attached screenshot) even during MASSIVE news like this! 300+ pips on the GBPUSD in a mater of minutes and my EA was able to get out with profit! 340 pip move and we only needed 22 pips from the top order to exit with profit. You can see the filter in action here when market volatility picks up! {image} {image}...

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Quoting xxsskxx

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{quote} Very impressive. Will give this a try on my demo. Thank you for your contribution

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Quoting Cubbybgood

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{quote} The attached screenshots are probably the next part you're confused about... The idea here is for every 0.01 lots traded, the EA should be looking for a profit of $0.5. I know this is complicated but it isn't just some ordinary EA. This is real trading and we need a more complex methodology and risk management in order to stay ahead of the market. These settings I'm referring to in the manual are in the BlastBands_EA settings. I even took a picture of what the setting looks like within the EA options. We have a dual take profit function...

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Quoting GodRa

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{quote} What settings would I need for a $100k account? I have got 0.1 lots and $5 profit atm.

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Quoting jshear

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Thank you for your reply. This is the section I am confused on. I assume a 50K account at 100/1 leverage would be .1 lots as per your example but it't the rest of the settings I am confused about.Lot part 1 and 2 I assume is starting lot size. Also increase 1 and 2 and balance step? {image}

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Quoting Cubbybgood

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{quote} That's correct! What you should be using on that account size

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Quoting jshear

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Thank you for your reply. This is the section I am confused on. I assume a 50K account at 100/1 leverage would be .1 lots as per your example but it't the rest of the settings I am confused about.Lot part 1 and 2 I assume is starting lot size. Also increase 1 and 2 and balance step? {image}

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Quoting GodRa

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{quote} Thanks! I am taking part in the FTMO funding challenge, and need to make 10% of $100k with a drawdown of 10%. Is this a good EA for that?

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Quoting jshear

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Love the smart grid feature {image}

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