5143925 EU AU GU Lot 01 Low (By FXunnyMoney)

Gain : +238.14%
Drawdown 58.13%
Pips: 26188.5
Trades 9461
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Unknown

5143925 EU AU GU Lot 01 Low Discussion

Nov 04, 2020 at 18:19
604 Views
9 Replies
Member Since Dec 16, 2019   8 posts
Dec 15, 2020 at 21:31
Decent monthly gain for risk; will monitor for ongoing progress
Member Since Nov 20, 2020   17 posts
Jan 15, 2021 at 04:12
That’s good. Hope it turns out better on the live account. There will surely be some difference on a demo and live. Good luck.
forex_trader_2074131
Member Since Jan 18, 2021   10 posts
Jan 18, 2021 at 19:50
monitor for ongoing progress
Member Since Dec 16, 2019   8 posts
Jan 21, 2021 at 01:26
I do have a live account; however, on that I am only trading EURUSD
Member Since Nov 26, 2020   18 posts
Feb 05, 2021 at 04:02
Wow! That’s a good system even though I somehow feel the risk is high on this one.
Member Since Dec 16, 2019   8 posts
Feb 06, 2021 at 01:33
I think its high risk too. but thats why I'm only running it on demo. on live account i'm only running 1 chart which is EURUSD. With this I wanted to see how the performance of the EA does on different pairs. also this is completely untouched meaning its running all on its own without being stopped , or any user intervention. When i use it on my live account; I let the EA run all the time but also watch over large price swings and market moves; and if needed close out some trades, change settings, so yeah, wouldn't run the live account completely unattended
Member Since Dec 16, 2019   8 posts
Feb 06, 2021 at 01:36
winklebew posted:
That’s good. Hope it turns out better on the live account. There will surely be some difference on a demo and live. Good luck.

definitely. the main thing I've noticed with coinexx demo accounts is that they don't have the same swap fees for the pairs. So that alone can make a difference on profit between demo and live. besides that it has been pretty consistent in terms of price action
Member Since Dec 16, 2019   8 posts
Mar 12, 2021 at 15:12
blixtpiece posted:
Good demo. Do you mind telling me how much you risk per trade mostly?

at the heart of the code it is a cost averaging EA; however, once it gets into a large number of positions it starts to close off old positions at a loss. So it limits your maximum draw down in that sense.
Member Since Dec 16, 2019   8 posts
Mar 12, 2021 at 15:14
riaparrish posted:
I didn’t really like demos so much but this one looks profitable. Good work here.

thanks. am always looking for ways to make it better. nothing is perfect in forex.
Member Since Dec 16, 2019   8 posts
Mar 17, 2021 at 22:16
Also please check out this other demo system which uses EU and AU pairs only (excluded GU).
https://www.myfxbook.com/members/FXunnyMoney/5136213-eu-au-med-01/7412640

The GU pairs is more volatile and averages almost 30% pips per day... which can be great but also introduces more risk.
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