Hi guys & gals
Using the MM function in an EA: say for eg you are using "risk" of 5% on a
$50 000 account - this will allow 2.5 lots per trade. If 50% of the equity, $25 000, was withdrawn during a trade would the EA close 1.25 lots during that same trade or would it wait until the next trade was opened and then only trade with 1.25 lots?
If the same EA is running on 5 different currencies with the same Magic Number, using "risk" of 5% does that mean that a combined net risk of 25 will be allowed (5% each) or a combined risk of only 5% (1% each)?
Tx in advance
Thatchman
Using the MM function in an EA: say for eg you are using "risk" of 5% on a
$50 000 account - this will allow 2.5 lots per trade. If 50% of the equity, $25 000, was withdrawn during a trade would the EA close 1.25 lots during that same trade or would it wait until the next trade was opened and then only trade with 1.25 lots?
If the same EA is running on 5 different currencies with the same Magic Number, using "risk" of 5% does that mean that a combined net risk of 25 will be allowed (5% each) or a combined risk of only 5% (1% each)?
Tx in advance
Thatchman
Understanding is a three-edged sword
