Hi MR ElectricSavantNo its not a Grid System.
Es
How are you my friend َ
my greetings MR
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Hi MR ElectricSavantNo its not a Grid System.
Es
Your idea is correct. This EA performs best in GBPUSD. In other currencies, it's badI have some other EA's that I have altered and am testing that are showing great promise. Some of them make more and some of them make less than this EA. I am reluctant to start threads as I have not been asked by the owners of these EA's to do so.
I find that the most profitable EA's trade in a way that I do not prefer. I measure EA's with a different criteria. As a trader you must find out what you can live with day-in and day-out. It must fit with your lifestyles and tolerances. I am a professional trader and my success is based on amount of risk taken not profit made.
Many, many traders are far more profitable than I. I think one of the most important ingredients in my report is the ratio of "Profit to Max DD seen" and remains a good measurement of performance.
ES
P.S. I have an EA that I have altered and am testing that in only 7 days has shown a ratio of 1.60. This ratio is going up and up. My point is this EA started right out of the gate showing more profit than DD. Stay tuned for a thread with reports. Please do not PM with requests for this EA as it makes me feel bad when I must say no. You will get it in the thread when it is ready.
Your idea is correct. This EA performs best in GBPUSD. In other currencies, it's bad
nirvano,
TY for the kind words.
I trade live with the 5%er's. This is a prop shop and not my money.
If I were allowed to trade with meaningful leverage in the USA, I would pick 1000:1 or more as that would allow me to tie up less funds. That is all leverage really is anyways. It allows a trader to tie up less funds and it should not change the way he systematically trades.
I use 0.01 per 2k. and set the autolot to false in my live account. All the other settings remain the same that are in the reports.
My reports on the demo accounts use the setting that are in the reports and you are welcome to log-in to those demo accounts.
Good Trading to you Nirvano and use my reports in this thread to assist you in any changes that take place. The market can do anything and these reports are to assist you (and me) in live trading.
ES
P.S. Below is my setfile for live trading with GBPUSD M15. You need to change the lotsize. You will see that I use 10TP, 50SL & 2 Trailing just like in the Demo reports. I do not trade the EURUSD or any other pairs.
Graph of my latest live results (I am using 0.04 right now but I should be using 0.03. I wasted some time and am trying to make up for it..DO NOT DO THIS):
View attachment 129436
nirvano,
TY for the kind words.
I trade live with the 5%er's. This is a prop shop and not my money.
If I were allowed to trade with meaningful leverage in the USA, I would pick 1000:1 or more as that would allow me to tie up less funds. That is all leverage really is anyways. It allows a trader to tie up less funds and it should not change the way he systematically trades.
I use 0.01 per 2k. and set the autolot to false in my live account. All the other settings remain the same that are in the reports.
My reports on the demo accounts use the setting that are in the reports and you are welcome to log-in to those demo accounts.
Good Trading to you Nirvano and use my reports in this thread to assist you in any changes that take place. The market can do anything and these reports are to assist you (and me) in live trading.
ES
P.S. Below is my setfile for live trading with GBPUSD M15. You need to change the lotsize. You will see that I use 10TP, 50SL & 2 Trailing just like in the Demo reports. I do not trade the EURUSD or any other pairs.
Graph of my latest live results (I am using 0.04 right now but I should be using 0.03. I wasted some time and am trying to make up for it..DO NOT DO THIS):
View attachment 129436
last i checked with 5Ers, they don't allow robot trading
How did you run it with robot??
zamans98,
They have always from the very beginning allowed robot trading..
They allow copy trading & signal trading too!
Here is the thing...they get half of the profits..but you eventually get 1.28 mil to trade. You get paid once a month and the payment does not get deducted from your performance calculations and balance used.
ES
exactlyzamans98,
They have always from the very beginning allowed robot trading..
They allow copy trading & signal trading too!
Here is the thing...they get half of the profits..but you eventually get 1.28 mil to trade. You get paid once a month and the payment does not get deducted from your performance calculations and balance used.
ES
The Profit to Max DD ratio held at 3.25 for the M15 which is encouraging. It's not just about profit folks..It is about survival. To those of you that trade the M5....remember how long it took you to get an equity balance of breakeven? That was a long time to live with losing money, over a month and look at how deep the DD went! Every Rose has it's thorns.
Test M5
Time started: 12/10/2020, 9:38 Arizona Time (USA) Start Balance $2,386.88
Balance $2,820.11 Profit: +$433.23, ROI=18.15%*, 8.78%**/Mo., 0.01 lotsize
13 open positions (Sell Mode, No Hedging)
Max Floating Drawdown seen: -$431.15, (18.06%***)
Current Drawdown -$64.53
Profit to Max DD seen RATIO: 1.00****, calendar days of trading = 62.
Demo Mitra Exness Indonesia V2.2 GBPUSD M5 AutoLotMode=VeryLowRisk, TP=10.0, SL=50.0, TrailingExtra=2
Test M15 (For Conservative Traders)
Time started: 12/10/2020, 9:38 Arizona Time (USA) Start Balance $1,050.09
Balance $1,290.87, Profit: +$240.78, ROI=22.93%*, 12.45%** /Mo., 0.01 lotsize
6 open position (Sell Mode, No Hedging)
Max Floating Drawdown seen: -$74.15, (7.06%***)
Current Drawdown -$7.69
Profit to Max DD seen RATIO: 3.25****, calendar days of trading = 62.
Demo Mitra Exness Indonesia V2.2 GBPUSD M15 AutoLotMode=VeryLowRisk, TP=10.0, SL=50.0, TrailingExtra=2
* Profit/Start Bal
** Profit/#of calendar days traded*30/Start Bal
***Max FloatingDD seen/Start Bal
**** Profit/Max Floating DD seen
ElectricSavant
You can download a MT4 demo platform here: www.tradersway.com
You can log-in here on your MT4 platform for the the M5 & M15 respectively:
1561698, 1531977
TradeVesting
TradersWay-Demo
Live Acct. Graph below. Now goosed with an aggressive 0.05 lots again in the M15. This market is not kind at the moment and I want to make my goal of $6,720.00 by March 6th. it will be close. February is a short month and its lights out March 6th. There is a danger with 0.05 trades as I cannot reach a balance of $5,750.00 during the DD phase.
View attachment 129671
My terminal has 5 opened positions, DD went up to 2%. Apparently trend is about to change due to daily strong resistance.
For me the gpusd has been stuck with 12 open positions for a couple of days now...very slow..
Hello..,
It's a long time to me not login to Soehoe. I'm a little busy with other business. Sorry if there are many questions that I can't answer here.
Thanks to ElectricSavant for helping me to keep this thread active. I will open this thread more often in the future. If you have any questions, I will be quicker to respond on Telegram.
Please contact me here https://t.me/mitraexness_id