your math doesn’t add up.
you made usd789 on a 2k account in one week with a 50% drawdown? if the numbers were right and with the massive drawdown this week, that account would’ve been blown.
now in your picture it shows you made usd243 as 2.7% return for the day. the math would be usd243 divided by 0.027 = your account balance in the picture is usd9000 now if you had a 50% drawdown on this account with a 7-8% return in a week, i would be concerned.
as per margin limits, this is a double-edged sword. you want to control the ea from opening new positions based on available margin, however by doing that you will subject yourself to the possibility that the ea will not open additional trades when you really need them, which will eventually bring you into a larger and longer drawdown period and amount.
the only real answer to making this ea work long term is to scale down the position size per account balance.
do not trade more than 0.01 lots per usd1000. bp’s original design sets the ea at 0.01 lots per usd5000.
let the ea do the work it needs to do without interfering with limiting pairs or positions. try this for a week or two or for a month, see what happens.
everyone is rushing to make money with this without understanding the true meaning of martingale. limiting pairs or margin conditions so that you can increase the lot size is going to put your broker account in its grave sooner not later.
keep it real. too many phony people with phony money and vivid dreams over simple reality. most will walk away from this thread after trading live and blowing their accounts. mostly because of over leveraged positions and lack of money management skills, add to that greed, stupidity and lack of discipline. that is the naked truth. i keep it real.
so gals and guys, don’t trade more than 0.01 lots per usd1000 on this ea. you want to kill your account, be my guest. moh’s broker offers micro accounts. you could play it safe and even go down to 0.001 lots equivalent per usd1000 and keep your money in your account with low drawdown and earn a few percent return per month, long term. keep it real
