I will show you results laterwow 3 pairs simultanly with only 260?? you have big balls my friendwe are trading 1 symbol at time with 2k
for me thats not prob.,u simply set proper mm.,in mycase idont mind if x signal go wr9ng.,i simply add trade wvery 30pips double lot size.,as a trader average 50 to 80 pips it will reverse,so ita awasteoftime for filtering weak support or resistance if u can. Mm using martingal every30 or35pips.,for me if i put more filtering
,i usually missed good trade because of fear of weak supp or resistance.,so for my own riski justsimply calculate mm forworst.like imreadyif price go wrong .im readt toputtrade every 30 pips.instead of waiting for perfect signal from lots of filtering,i just trade between gmt 2 to13 and avoid if posible friday and big news holiday.also lower lot size dec.jan and trade normal lot size mid feb.,or to be safe dont trade dec and jan
i fear this pair sir hehe..i avoid it ever since haha.,anyways congrats u got itView attachment 117301
gbpnzd 1.5 pips from target.
after holding this trade for 3-4 days with an approximate 10% drawdown at one point, it recovered and paid off rather well even after commissions and negative swap were deducted.
gpbnzd trade usually nets about usd2250 per trade but this 3-4 day 14 trade journey ended with usd9000+ in profit.
so what’s the lesson here?
the answer is patience.
give the ea a chance.
good things come to those who wait =)
yah experience is my weapon.,for now i use 3 pairs that correlates other ea.and now i use this pair also for this threads strategy and EA...for balance trading.,if one is drawdown the other pair is profit.,its off topic but i share some insight.,..trading is not about many pair to trade.,u have to be aware of hours either asis london us.,for my style i trade gmt 2 to 13..and closed trade before friday.,or for safe not to trade friday.,in my experienc fridays is risky.,for me.,and also mind also holidays.,elections.,big news.,december or january avoid and continue mid feb.,thank you, dear =)
it can happen on any pair: long periods of large drawdown.
whether trading manually or autotrading, the money management rules apply to both situations.
moh mentioned he keeps margin level above 10k on his 1:888 leverage account.
on bp’s ea, the default settings call for usd5000 per 0.01 lot size traded in autotrade mode.
these are signs you really need to respect if you’re planning to go live with the system or ea.
i am implementing usd1000 per 0.01 lot size. that’s 1% trade size per position and i still think its too large.
personally, i feel bp’s 5000 / 0.01 is a lot safer.
if you’re trading 5 or 10% lot size or more per position, you’re in for a surprise!
experience will be your greatest teacher.
but to block to max 1 or 2 pairs simultanly is it so much work? or to implement the M5 filtering too? with a pulldown.. yes/no?I think I only can make some simple changes.
1. add Magic Number
2. add Min. Margin Level
View attachment 117301
gbpnzd 1.5 pips from target.
after holding this trade for 3-4 days with an approximate 10% drawdown at one point, it recovered and paid off rather well even after commissions and negative swap were deducted.
gpbnzd trade usually nets about usd2250 per trade but this 3-4 day 14 trade journey ended with usd9000+ in profit.
so what’s the lesson here?
the answer is patience.
give the ea a chance.
good things come to those who wait =)
same here =).
Im floating 700usd from 2000usd acc..taking my lot size consideration i think it will probably hold and close with my target (1250usd)
since im stuck with this pair so im gonna watch others trade =)
good luck
I think I only can make some simple changes.
1. add Magic Number
2. add Min. Margin Level
Yes I agree , good MM and recovery strategy is better. I opened another account at 260 usd, the other is on 600. This system can work even on small account, just have to be careful.
I think you have hit your profit target, GBPAUD has risen more than 1280 points from the last X for Buy on M15 chart.
Could you share with us on how you calculate your target of USD 1250?
Thanks.
where i can find ?you mean "LookBack" = 1
Mr. bp2000 I mean no need delay open only when complete the candleyou mean "LookBack" = 1
bp2000 you make ea???I think I only can make some simple changes.
1. add Magic Number
2. add Min. Margin Level
bp2000 you make ea???
bp2000 you make ea???