New EA LOW DD EA

Your Risk-to-Reward ratio is too high. You’re risking 20-30 pips loss for every 10 pip win. For every loss, you need to win 2-3 trades just to break even. For this kind of trading system, you will need a larger stop loss and higher win rate.

 

what effect does it cause if the currency coefficient set is lower than 1.0?

 

The targets will be smaller or closer.

 

Which pairs would you recommend as per your profits,how about best 5?

 

I’m not sure bro, haven’t really examined everything yet. If the 10k hurdle is high, maybe running it on a $100 cent account (10,000 Cents) would be an alternative. I’m running it on 10k demo, it’s up 43-44% right now. It’s carrying a floating loss, but if I closed all positions at this very moment, it will still be in profit almost 30%.

 

It doesn't close any trades,using default settings currency coefficient 75 in dollar account.
Any idea when it will take profits?

 

Currency_Coefficient should be 1.0 or less on a USD account. I’m running it on a Yen account, it would equate to about 0.75-0.76 Currency_Coefficient on a Dollar account.

 

Try changing that and it should start closing some of the pairs that are in profit.

 

Hi Mason,
I hope your account is profitable.
Unfortunately the five attack marti grids are not enough to handle a huge move in a strong trend (see screenshot).



Although the attack marti set (multiple 1.0) helps to prevent the account from burning down, to close such a floating positions (what can be seen in the screenshot) may take weeks and they cost a lot of swap.
Theoretically, you should also have similar offen positions with similar floating minus, right?
(probably a little less because I use currency coefficient 1.0 on a dollar account)
For me, all charts M1 TF and the EA has the default set.
I only sent the EURCHF chart on M5 because the movement is more visible there.

 

You can’t just look at it for a day or two. It needs to breathe and do its thing, give it some time. It hasn’t failed me yet.

 

Instead of .75 i put 75. Btw now it's started to take profit. It even went through last nights cpi turmoil.

 

which is the correct Currency_Coefficient value for dollar account? .75 or 75.? its confusing

 

what settings you use? there is no sl??

 

big dd

 

Hi Mr.Tanaka, how about adding a smart SL?

 

.75

 

How can I code it?

 

Suppose SL is set to 100 pips. make all the grid trades to close at same sl of the 1st trade for that pair. so all the basket of trades of say eurusd to close as per the 1st eurusd trade sl. Hope i could explain correctly. Then I will try to optimize.

 

Ok, so if you set stoploss 10pips, then All grid SL is 10 pips ?