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For the record. I have decided not to use this EA because as a rule I do not trade with martingale. All I can say is run the set file in strategy tester/demo before going live. It's good for quick profits, that is for certain. Maybe not something you can run 24/7 without a DD filter, but with a...

Okay here is the most conservative/profitable configuration using RSI indicator. Keep in mind, to be used on Eurusd 5 minute chart. Minimum deposit 1k. Remember this setting can trade during news but be mindful of news. Close trades if you feel the market will move strongly against you. This...

I will upload a new set file please stand by. It seems in this EA you should use a max loss/drawdown that is half of the monthly profit. On 0.01 lots you get roughly 1k profit/month, 0.02 1.7k and so on. So the maximum allowed loss would be 500 and 850 respectively.

Yes sir, I am trying to develop a way to limit the drawdown further. I do not recommend live trading with this without watching news. :)

I use EURUSD with a multiplier of 1.5 and 7.0 pips order distance.

Another way to reduce risk, lower multiplier to about 1.35 or 1.3. Depending on how much profit you want.

I have established a set file for a 1k deposit on EURUSD 1:500 - 1:1000 leverage. After using/testing EAs for 2-3 years, this one ranks among the best (in the 95% percentile). Enjoy, please provide feedback and questions. Watch news and drawdown (close trades if drawdown exceeds 400-500). Keep...

Seems to be a more conservative yet accurate WayGrow. Well done, long-term EA.