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Suggestion 1H GBPJPY BOT

Unlimited, Enjoy

What Time frame are you using? 1H? I'm convinced enough, All the trades I've seen it make have been profitable and not lingering in the negatives forever. You can safely trade 0.03 on that amount
 
09dfmtm
start 100
 
912percent said:
does it finish with martingale? which is super fine by the way... just wanna know to prep the equity.. cheers
Click to expand...
There is an option to set a martingale multiplier in the settings, by default it is set to 0. It does add or subtract from the position based on what the currency pair is doing. If you don't want it to do that you can set the additional position size to 0 and the total position size to whatever your initial lot size is but I'm pretty confident you can do 0.1 lot size and 0.3-0.4 total position size with a 1K (I was trading full lots on a demo account that had other bots trading and also a signal (added draw down) on a sub 1k account with FBS and it was fine, no where near scary margin levels and when i back tested it against multiple brokers I was using 1 full lot size and it was fine (Though I wouldn't ramp up the lot size that big on my own real account)
I'll be conservative for now with 0.2 lots and maximum 0.6 open on a 1k account
 
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Pingu said:
My main live account , later EA attached , current trades on
Click to expand...
I'm so glad it's working out for you on a real account!
I'm gonna unleash it on my account right now just for GBPJPY for now and once my account gets a bit bigger (which it will) I'll add more pairs
I'll be sure to hit you up on which pairs it works best on
So far on my demo account it's made 1,354.16 since FRIDAY!

I swear I must've tried over 100 EA's and 96 of them were complete trash, lol :giggle:
 
Hello,

seems interesting, can you provide a set who can be good for small account of 1k for GBP/JPY 1Hour chart and an other one, if we use 5-10 pairs in the same time ?
Just to be sure that we are on the same page

look very good, good work 'coder"
 
teitgen said:
Hello,

seems interesting, can you provide a set who can be good for small account of 1k for GBP/JPY 1Hour chart and an other one, if we use 5-10 pairs in the same time ?
Just to be sure that we are on the same page

look very good, good work 'coder"
Click to expand...

1K./10 pairs:
lot size 0.01
increase lot size 0
max lots 0.01
decrease lot size 0.01

5 pairs
lot size 0.01
increase lot size 0.01
max lots 0.02
decrease lot size 0.01
^SUPER SAFE
I ran it on a demo account with around $1200 and was trading full lots with other bots and manual trades running ect, I wouldn't recommend that on a live account but
since Friday it opened 13 trades 12 are closed with profit and the other one is still open and in profit, trading anywhere from 1.0 (4 trades) to 0.3 (the rest)
 
Thank you so much for sharing this EA. To trade other currency pairs, what changes did you make to the settings?
 
GBPPY is high volatility pair usually, average movement daily is good for trading profit, but too risky
I think this ea needs big initial capital to run strategy with work well
 
It has a 92% win rate backtested on REAL tick data from a year past and low draw down, You can use it with any size account you just need to limit how many open positions/lot size
Screenshot (372).png
 

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Colin_ said:
not sure you'll have to experiment, I think Pingu is using the default settings and he seems to be finding profitable trades
Click to expand...
EA sets the SL automatically but if the buy signal triggers and another position is opened the EA will bump the TP/SL up accordingly. I think it might have a break even mechanism but i cant remember because i created a bunch of EA's in the past 3 weeks and have been kinda spreading myself thin trying to work on and remember which EA's have which problems. This one is done though, i cant think of anything to add or remove that will make it better without completely destroying how it opens/closes trades
 
was
Colin_ said:
What lot size are you using? try to lower the lot size, I was mistaken, when the EA notices the parameters for buy/sell are triggered it adds (or subtracts) from the total
Click to expand...
was 1 lot, but back test dont prove nothing, i am try in 1000 dollar accont and lot 0.10. it open so trades all close in profit so far.
 
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