For those members here who doesn't know how to perform back test or identify which settings will be best and how much balance would be required for live or forward trading, so find below basic steps for their assistance as I do the same;
1-) Turn off all the filters, pips and martingale settings and all values to zero or false as per the options in the settings.
2-) Put lot size 0.01 and account balance 50$ TP 10 pip and SL as per ur wish, well I don't put SL, start with M1 TF.
3-) Run the test and check how far it will go.
4-) If account doesn't wash for the whole period then increase lot size and then do third test with increase in max order and pip distance between orders.
5-) If still account survived then keep increasing same settings till ur test blow. You will finally get the potential of your EA, now save the settings and do forward test.
6-) If account washed in step 3 then turn on martingale, increase pip distance between martingale and that idea u will get from ur failed test that how far the trade went and ur account lost so u will get an idea what pip distance u should put between martingale. If u want u can add value in pip multiplier and martingale multiplier in case u want distance to be increased everytime in ur martingale and increased in lot size. Also increase TF.
7-) If above settings didn't work then turn on time filter and check ur previous test in which timings trades were success so only use those timings as filter.
8) If still that didn't work out increase deposit and try again and reduce max orders if there is any.
9-) Increase balance upto 500$ and in case results are not good then jump directly to 2000$ balance considering it as 2000 cents and then increase only lot size.
10-) After testing until step 9, u will understand that how much balance the EA required which u r testing and is it either good for standard account or a cent account and then u will have ur settings in front of you without anyone's help. These will be ur basic standard settings, later u can play more and test other filters in ur spare time.
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