Forex Photon Evo 3.12 (by forexphoton) Quick Stats
Gain: +360.18%
Drawdown: 40.21%
Pips: 3482.0
Trades: 2052
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Automated

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Forex Photon Evo 3.12 Discussion
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jsantos3

Member Since Nov 12, 2009  189 posts jsantos3 Dec 23 2010 at 14:22
Since commission was applied to these trades, then it is ECN account.

forexphoton

Member Since Apr 01, 2010  21 posts Forex Photon (forexphoton) Dec 24 2010 at 15:14
Yes thats right!

dennerle

Member Since Sep 09, 2009  71 posts dennerle Jan 23 2011 at 02:26
Hi Vinod,

would like to check with you why do you prefer to use fixed lot size of 0.2 instead of like mm of 5%?

Are there any pros and cons to it?

Which method is more advisable?

Thank You!

Slow and Steady Wins the Race :)
forexphoton

Member Since Apr 01, 2010  21 posts Forex Photon (forexphoton) Jan 23 2011 at 17:33
Hi Dennerle

Well, I would say I am more comfortable with 0.2 lots than using the MM. This is just a personal preference. When I am comfortable with more lots, I would increase it manually.

I dont see any cons on using the MM.

By the way, 5% of MM on a FXOpen ECN account with equity 3000 mean that the lot size would be 0.15, but since the MM is based on equity the more trades are open, the equity may tend to decrease when the trades are open and there are chances that we may miss trades if the lot size goes below 0.1. Fxopen ECN min lot size is 0.1, and this is the other reason im running it wiht manual lotsize so I dont miss any trades.

jsantos3

Member Since Nov 12, 2009  189 posts jsantos3 Jan 23 2011 at 17:58
Have you considered removing gbpusd since it is a net loser? I have noticed in many ea's that gbpusd is a poor performer when it comes to ea trading.

forexphoton

Member Since Apr 01, 2010  21 posts Forex Photon (forexphoton) Jan 23 2011 at 18:04
We are working on Photon Evo 1.1 which will increase the number of trades over all, and also decrease the number of trades per pair. We are testing the GBPUSD pair currently, which is does not perform to the expectation. Probably, we might not use it when Evo 1.1 is released.

mskind

Member Since Jan 14, 2011  12 posts mskind Jan 26 2011 at 13:11
can you tell me the ea what the most suitable for use in a fixed currency. I want the system to stabilize, rather than have to delete or add currency for each update. and I've found updated version of fast.

dennerle

Member Since Sep 09, 2009  71 posts dennerle Jan 27 2011 at 14:59
i agree with mskind.

i prefer to have a fixed currency and strategy rather than removing and adding always and strategy always change

there's no stability :o

Slow and Steady Wins the Race :)
forexphoton

Member Since Apr 01, 2010  21 posts Forex Photon (forexphoton) Jan 27 2011 at 17:24
There can be no EA like this! If you cant even do this, you wont earn money!!!

dennerle

Member Since Sep 09, 2009  71 posts dennerle Jan 28 2011 at 11:32
are we able to use old version if we choose not to upgrade?

Slow and Steady Wins the Race :)
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