FxPapa Expert Advisor (by FxPapa) Quick Stats
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FxPapa Expert Advisor Discussion
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dalecam

Member Since Jun 15, 2011  63 posts Dale C (dalecam) Feb 02 2012 at 18:11
FX Papa, you stated that you will do a backtest that will include the 'missing' months a few months ago.
It cant be that hard to run a complete backtest - ive done a heap of them myself.
Can you please let us know when you will provide a complete backtest so we know the real drawdown that can happen?
Thanks.

FxPapa

Member Since Nov 26, 2011  136 posts FxPapa (FxPapa) Feb 02 2012 at 18:38

   dalecam posted:
   FX Papa, you stated that you will do a backtest that will include the 'missing' months a few months ago.
It cant be that hard to run a complete backtest - ive done a heap of them myself.
Can you please let us know when you will provide a complete backtest so we know the real drawdown that can happen?
Thanks.


Dear Dale

You are right. We try to do it soon.

Regards

ragency

Member Since Feb 04, 2011  32 posts ragency Feb 02 2012 at 20:01
FxPapa, On Jan 11th, you stated that your EA doesn't change lot sizes. However, examining your EA's trading history shows a steady increase in lot sizes. Is this something you are doing manually?

FxPapa

Member Since Nov 26, 2011  136 posts FxPapa (FxPapa) Feb 02 2012 at 21:13

   ragency posted:
   FxPapa, On Jan 11th, you stated that your EA doesn't change lot sizes. However, examining your EA's trading history shows a steady increase in lot sizes. Is this something you are doing manually?


Dear Ragency

It's about the EA money management. When the balance was for example 300$ the EA trades' lot size were 0.45 mini lot (0.04 standard lot) and when the account balance was 400$ the EA trades' lot size were 0.6 mini lot (0.06 standard lot).

When we say the EA doesn't increase the lot size we mean it's not some thing like martingale EAs.

Best Regards

ragency

Member Since Feb 04, 2011  32 posts ragency Feb 03 2012 at 01:49
Thanks for your quick and detailed response, FxPapa!

zion

Member Since Jul 09, 2011  21 posts zion Feb 03 2012 at 12:13
Hello!

You said that you 'have used 15% risk for this test'.

May I ask what is the maximum amount risked on each trade with the stop loss?

Thanks.

Best regards.

gusrix

Member Since Oct 25, 2011  22 posts Gusrix Forex (gusrix) Feb 03 2012 at 12:29
Dear FxPapa,

Your EA's performance looks great.

Do you have any support service and refund policy for clients?

Do you have any discount for partnership?

Thanks.

FxPapa

Member Since Nov 26, 2011  136 posts FxPapa (FxPapa) Feb 03 2012 at 17:16

   zion posted:
   Hello!

You said that you 'have used 15% risk for this test'.

May I ask what is the maximum amount risked on each trade with the stop loss?

Thanks.

Best regards.


Hi

The EA may open up to 3 positions at the same time. FxPapa EA uses equity stop loss. Default value is 10 which means the EA would close the trades if the total loss of 3 positions be more than 10% of the account balance.

Regards

FxPapa

Member Since Nov 26, 2011  136 posts FxPapa (FxPapa) Feb 03 2012 at 17:17

   gusrix posted:
   Dear FxPapa,

Your EA's performance looks great.

Do you have any support service and refund policy for clients?

Do you have any discount for partnership?

Thanks,

http://www.gusrix.com/


Hi

Please contact our support service by service@fxpapa.com .

Regards

zion

Member Since Jul 09, 2011  21 posts zion Feb 03 2012 at 17:32
FXPapa,

In addition to that equity stop loss, it seems that there is another form of stop loss.

For example, why the last negative result was equivalent to 3.68% of the equity instead 10%?

I would like to understand please.

Regards.

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