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That is why I am using all 19 pairs (as the author suggested) so the situation in general is not so bad.
Yes, almost same with your image:
no.no, this time wasn't fault of GPBUSD, it happen to print screen from that chart, is a common way to enter trades for other pairs too.
The cumulative effect is disastrous as it creates big DDs, especially for small accounts.
I use 23 pairs but 90% of trades went in loss....
So, it is fully depends on when you start, I mean when attach EA to the chrt to start trading.
If after AccountEquityPercentProtection (all the trades closed in loss 2% to protect balance) so that's fine. If after EquityTrailing (all the trades closed in profit 2%) si that's fine as well: EA will open first trade in my Metatrader and in your Metatrader and we can compare the broker's datafeed, real/demo and so on.
An other valiarions to start with Alpha may be difficult.
AccountEquityPercentProtection was one time and EquityTrailing was 1 or 2 times already.I will start on a fresh account on Monday 0:00 GMT.
I'm on Alpari UK, 1:100.
no.no, this time wasn't fault of GPBUSD, it happen to print screen from that chart, is a common way to enter trades for other pairs too.
The cumulative effect is disastrous as it creates big DDs, especially for small accounts.
I use 23 pairs but 90% of trades went in loss....I am testing 19 pairs and most of the pair are in profit by balance and equity.
It is from the other excel file (same source to download posted few posts above):
14 pairs are profitable. And i am testing 19.
May be it depends on when you start?
I start in 30th of December last year.
Or may be you got AccountEquityPercentProtection same with me? It was one time when all the pairs were closed in loss. You can se it from my balance/eqiuty chart.
I got AccountEquityPercentProtection today, after 5 days of testing.
Not very encouraging, you must admit
Overall PL is -0.40%.
I use default settings.
I did not got today.
I got few days ago.
But because I am testing it since January this year without interruption so I am still having positive balance/equity.
And it is slowly recovering as I see.
Balance is 11,838 and equity is 11.804 (starting was 10,000 in January).
May be you are testing too much pairs?
Or increase %% for AccountEquityPercentProtection.
I am using default settings as well.
Ok, I setup 2 new accounts.
On first I'll put those 14 profitable pairs + not tested pairs:
USDDKK, USDNOK, USDSEK, USDHKD, SGDJPY.
On second account I put Alpha reversed for:
CADJPY, CADCHF, AUDCAD, NZDGPB, GPBUSD
I wonder what will be
How to change the number of lots ?
Hi NewDigital, How to change the lots size to 0.01?
I been testing the EA on a demo mini account at Interbankfx with $3000. I used your default setting:
MM 1
LOT .2
RISK .2
SRSI_RISK .2
the syatem was entering trades at 0.06 lots and when i change the setting to :
MM 1
LOT .1
RISK .1
SRSI_RISK .1 the system was entering trades at 0.03
here is my questions:
why i am getting 0.06 and 0.03 ?
how to change it to 0.01 with leaving MM AT 1?
how the risk value and srsi_risk affect the EA?
what is the affect of chnaging mm value to 0?
I realy appreciate your help in advance
Change of lot size
Mr. Forex2010,
As I understand, if you set MMType==1, the EA will calaulate lotsize for you according to " Lot=NormalizeDouble(Equity*SRSI_Risk/(10000*PipValue),LotDigit) "
If you set MMType==0, the EA will trade according to the " lot " of input tab.
And if you set MMType==1 and risk & SRSI_Risk to zero, the EA will trade the least lot size of the account. The lot size will 0.001 for micro account and 0.01 for mini account.
You can check this from the code //================ Function Money Management ======== of the EA.
Please tell me if I am wrong.
Nomura