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New EA CoreX G V1.6 MT4

bobbythomas said:
they are still open now GMT 19.30
Probably it depends on the "Exchange rate" If high = higher SL.... I am not sure but i read about this somewhere.
Click to expand...

In manual said. Exchange rate is just to be adjust lot to compensation different rate on currency.

So if u set higher than 1. Means ur lot will be adjust higher.

My suggestion for lot is using percentage loss risk per entry. And keep exchange rate 1.0

CMIIW

example of my set. I need adjust base on my need to fulfill propfirm, in drawdown and not trade on news.

I want to calculated my risk max 4% depends on my drawdown, so I set manual risk % @3%. Why not 4, its for safety in case of slippage.
So the other set on risk management. It will be ignored, cz the lot it calculated based on my risk and my set of TP n SL

Trading management set as u like, mine using trailing stop, for safety like today, TP not hit yet but price going to SL. Trailing save me.
N of course I use just one OP per trade. And not open trade anymore if SL reached.

Trading filter
I just using News filter on HIN to follow rule . And prevent rubber spread.
 

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Last week was an interesting time for XAUUSD and good learning experience for how EA behaves. Trumps fluctuating on tariffs meant markets were skittish and buyers and sellers unsure of future. Therefore gold ranged between 2900-2930 (300 pips ish).

Ranges are difficult for EA like CoreX to trade because it is a single entry EA and trends are much easier for it to make profit "the trend is my friend". You will probably see a lot of loss averaging EA's (marti/grid) doing well last week and people excited about them. Don't be fooled, when the trend starts again accounts will get destroyed.

Right now the time is to watch how coreX works and learn from it. Here's hoping this week has some good trends and profits for all.
 
I am not sure why most of them talking about APD4 , in back test and live trading APD3 is profitable.

Any specific reason using APD4?
 
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