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  • #1,281
  • Feb 17, 2015 11:50am Feb 17, 2015 11:50am
Quoting arbinka
{quote} Highest dd was 44.9%. It has reached this level about 2 weeks ago. Since then, dd has not been over 10%.
Very nice. Unfortunately for those of us with 50:1 leverage, we must trade less pairs and lower lot sizes. And we cannot directly hedge. Anyone in the US trade with success?
insanity: Doing the same thing over... and expecting different results -AE
  • #1,282
  • Feb 17, 2015 11:54am Feb 17, 2015 11:54am
Quoting mvp77
{quote} and big DD ANSWER: 44.9% a 12.600 dep = 5657 DD or 17216 DD 44.9% = 7730 DD I hope u don't trade this style with real money. AND IGNORED
No, I don't. I have had 10% DD of my account. I was ready to close all positions, but the trend changed. I mentioned earlier. Also, I let EA run with my interventions.

Regards,
Karl
  • #1,283
  • Feb 17, 2015 11:59am Feb 17, 2015 11:59am
Quoting arbinka
{quote} Default setting. the only manual intervention was to increase lot size when equity become large enough. {image}
If you want to reduce DD, turn off AutoStep and AutoInitialStep.

Regards,
Karl
  • #1,284
  • Feb 17, 2015 12:11pm Feb 17, 2015 12:11pm
Quoting GKarl
{quote} Its demo account. Anyone can do crazy things in demo account, try on real account. You will feel the power of money when your deposit goes down at least 10 percentage points. Regards, Karl
I agree 100%.
It is nice to hear most of you are profitable with the demo accounts.....
Its of little use to run default (or close to default) settings on a large demo account, ......we know that the EA can be profitable there with a huge amount that can take the drawdowns...... we all show fantastic results over a week or two.... but it will be a complete different story on a much smaller live account.
One can not use the same settings on a small account.

So lets please talk small accounts....$2000, or $1000...or $500..... most of us would appreciate input in this regard.
Who of you are the successful guys here? What is the better settings...?

I found that very conservative settings on a small account were reasonably successful for a couple of days. Made a couple of dollar daily. But huge drawdowns that run the wrong way with 60-100 pips almost give one a heart attack, as you can forget about the 3% max risk on capital with this EA on a small account.
The best so far was on with NU, ..... and settings I tried: 8, 4, 0.01, 1, 0, F, F, 8. I am very scared of the Multilots setting with a small account..... it can destroy an account....

Only "problem" I have with the EA, is that my EA only trade long (buy)..... for 2 weeks no short (sell) trades? Is it suppose to work like that?
I checked my common settings of the EA, and even downloaded the EA again earlier today, but so far it is still the same.
Does it trade with the TREND only.... as indicated top left on the chart?
I also found that many times this EA takes a long (buy) trade right at the top of a trend (with stoch and RSI clearly indicating to go short), causing a 2-3 hour matrix game to try survive this trade .... spending valuable trading time to recover. Could it be my settings?

I would appreciate more input and knowledge to help me be successful with a small account..... so please help me right where you may think I can improve the above mentioned.

All of the best to you and may you be blessed with many more pips.
  • #1,285
  • Feb 17, 2015 12:26pm Feb 17, 2015 12:26pm
I wonder how my trade explorer become linked to the thread? any body knows?
  • #1,286
  • Feb 17, 2015 12:44pm Feb 17, 2015 12:44pm
Quoting interbucks
{quote} I agree 100%. It is nice to hear most of you are profitable with the demo accounts..... Its of little use to run default (or close to default) settings on a large demo account, ......we know that the EA can be profitable there with a huge amount that can take the drawdowns...... we all show fantastic results over a week or two.... but it will be a complete different story on a much smaller live account. One can not use the same settings on a small account. So lets please talk small accounts....$2000, or $1000...or $500..... most of us would...
Valuable contribution to the thread. I see if the trend is up you only get long trades. When trend is down you will get short trades. When you restart the EA at a strong down movement it will adjust to the current settings and probably have a chance to change the trend to down . But I don't see it is really necessary.

I have no idea how Autostep, Autoinitial step and step work. Can you kindly clarify? I am also struggling with small live account.
  • #1,287
  • Feb 17, 2015 12:45pm Feb 17, 2015 12:45pm
Quoting interbucks
{quote} I agree 100%. It is nice to hear most of you are profitable with the demo accounts..... Its of little use to run default (or close to default) settings on a large demo account, ......we know that the EA can be profitable there with a huge amount that can take the drawdowns...... we all show fantastic results over a week or two.... but it will be a complete different story on a much smaller live account. One can not use the same settings on a small account. So lets please talk small accounts....$2000, or $1000...or $500..... most of us would...
I always open demo account, which is equivalent to my real account. It provides a better understanding how strategy works. I began 2015 FEB 03 with 980eur now I have 25proc more. But I also would like to remark that I trade manually. Since beginning settings are 0.01lot. MultiLotsFactor 1.2, take profit 10 0 False False. Try on demo first to get an understanding how system works.

Regards,
Karl
  • #1,288
  • Feb 17, 2015 12:51pm Feb 17, 2015 12:51pm
Quoting arbinka
{quote} Highest dd was 44.9%. It has reached this level about 2 weeks ago. Since then, dd has not been over 10%.
Ya, been running the same settings as you and must say I'm very pleased with the results.
  • #1,289
  • Feb 17, 2015 12:51pm Feb 17, 2015 12:51pm
I'm running a small live account from the U.S. So far not too bad. It's also on my TE.

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  • #1,290
  • Feb 17, 2015 12:55pm Feb 17, 2015 12:55pm
Quoting spyderman
I'm running a small live account from the U.S. So far not too bad. It's also on my TE. {image}
  • #1,291
  • Feb 17, 2015 12:59pm Feb 17, 2015 12:59pm
Quoting spyderman
I'm running a small live account from the U.S. So far not too bad. It's also on my TE. {image}
Interesting results. What is the maximum DD you may allow without manual intervention?
  • #1,292
  • Feb 17, 2015 12:59pm Feb 17, 2015 12:59pm
Quoting spyderman
I'm running a small live account from the U.S. So far not too bad. It's also on my TE. {image}

Current settings

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  • #1,293
  • Feb 17, 2015 1:03pm Feb 17, 2015 1:03pm
Quoting demalichcha
{quote} Interesting results. What is the maximum DD you may allow without manual intervention?

Short answer is...till the account blows.
So far I don't interfere based on DD but on trend change.
For example the G/U you see there is currently hedged, waiting for a trend shift. I've milked about $100 of profit off opening and closing that hedge which helps offset the $220 of frozen DD that it's carrying.
  • #1,294
  • Feb 17, 2015 1:26pm Feb 17, 2015 1:26pm
Quoting spyderman
{quote} Current settings {image}

Bear in mind this is a Micro account so 1 lot is only 1,000 units or equal to .01 lots on a standard account.
  • #1,295
  • Feb 17, 2015 2:08pm Feb 17, 2015 2:08pm
TO INTERBUCKS

hi

thanks for your input yes correct we have to determined with settings appropriate on different account size .did the other day go live but with a bad day did panicked to much drawn down so did stop all the trade but was an idiot if i did wait another day will would recover and make profit. lesson learn
on my demo did have also a very bad drawn down did stop the trade should let run but i still on profit .


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  • #1,296
  • Feb 17, 2015 2:10pm Feb 17, 2015 2:10pm
Quoting ellenbrook
TO INTERBUCKS hi thanks for your input yes correct we have to determined with settings appropriate on different account size .did the other day go live but with a bad day did panicked to much drawn down so did stop all the trade but was an idiot if i did wait another day will would recover and make profit. lesson learn on my demo did have also a very bad drawn down did stop the trade should let run but i still on profit . {image}
please kindly comment with your opinion i had to getting right. on the EUR/US that the only one will trade.
thanks
  • #1,297
  • Feb 17, 2015 2:14pm Feb 17, 2015 2:14pm
Hi,

I have installed this EA and put it onto the chart however it has not opened any positions.

Can anyone please help me.

Thanks.
  • #1,298
  • Feb 17, 2015 2:30pm Feb 17, 2015 2:30pm
Quoting nadeemseth
Hi, I have installed this EA and put it onto the chart however it has not opened any positions. Can anyone please help me. Thanks.
Please read the first page.

Regards,
Karl
  • #1,299
  • Feb 17, 2015 2:42pm Feb 17, 2015 2:42pm
i have done everything it says, still not working.

i have attached a screenshot.

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  • #1,300
  • Feb 17, 2015 2:58pm Feb 17, 2015 2:58pm
Quoting interbucks
{quote} I agree 100%. It is nice to hear most of you are profitable with the demo accounts..... Its of little use to run default (or close to default) settings on a large demo account, ......we know that the EA can be profitable there with a huge amount that can take the drawdowns...... we all show fantastic results over a week or two.... but it will be a complete different story on a much smaller live account. One can not use the same settings on a small account. So lets please talk small accounts....$2000, or $1000...or $500..... most of us would...

To you and other fellow traders,

didnt contributed much to the thread but i am actively reading and experimenting. I have had one $5k demo account. I was running two currencies and lot size was 0.10. Then 2 days later i added third one. This was experiment to see the DD. After few weeks and many red news i liked the EA and started in my live account. My live account size is $10k and i am running 2 pairs with 0.10 settings.

After my observation i realize that when i started 3 pairs in demo, i had DD of around 60% and pairs were EUR/USD, AUD/USD, USD/CAD. Mostly aud/usd and usd/cad run together against the trend and at that time eur/usd was keep hitting the TP. Once when eur/usd went against the trend both other currencies were hitting the TP. so in live account i have 2 pairs and they are eur/usd and aud/usd. Also reason to choose these 2 currencies instead of gbp/usd or usd/cad is that they are slow movers compare to both of these pairs so that you wont get hit badly when there is a big news against the trend.

Last week i opened up one more live account which is $1k and in that i am trading gbp/usd and usd/chf with 0.01 lot and so far i made $100+ profit. I started trading in this account from Friday last week. Some of you said already and with the help of "thexfile" i kept both settings to FALSE and multi lot factor 1.0 which is keeping me always safe when the pair start running away. Also i have step 8 which is not big not too small so i get decent opened up trade. I have had two big AUD news against me but at the end it recovered both the time in live account. I check the screen twice a day and dont do much my intervention. I have experiment this in demo account many times.

What i suggest you is to check the calender and if there is any heavy news for what ever currency, you open that pair in well advance and let it run in demo account to see how ea is handling the situation so you know that with these settings you will be alright. You will never have to be worried about too much DD or blowing up account. You might see slow profit but very concrete and after 3 to 6 months you will make full time income...

Happy trading
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