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faps + add-ons (By Earl )

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faps + add-ons Discussion

Earl
Mar 10 2010 at 05:22
28 posts
Again forex autopilot paired with a hedger

I've placed it on the one minute chart tp 10 ... 10 orders max stop time between orders 60 mins

killing the profits but not holding much in equity...by mistake I had it running at a 100MA but truthfully should be running at 7MA .. so I changed it...

I am pushing the 5k by allowing it to run with a lot size of 0.1 with a max of 10 possible orders, but I'm not to worried because Ithe hedger is in place which should help balance out and avoid a Margin call..

would I put this on a live account?? maybe I've put worse..LOL maybe no so aggressive anyways..

like the other Faps I'm running it's holding on to a lot of open trades which will be closed at the end of the month


sooner
Mar 10 2010 at 22:20
13 posts
Keeping an eye on this Earl, the hedger is working but like you the equity curve still isn't all that great. As you said before, it is a race to the end of the month though.

Earl
Mar 10 2010 at 22:26
28 posts
Not doing to bad holding around 60+% of the total profits... The Hedger is doing better than Fap.. really still not bad for 10 days... well over 30% of profit on total if I closed everyting right now..


both versions aren't doing bad at all..
got a 3rd version just added today

Miguel (prudencio)
Mar 18 2010 at 11:11
12 posts
Hi Earl,

What is a hedger?

It sounds to me like something I need. I am trading RoboMiner and both pairs are at the limits, so hedging may be a relief. Could you please let me know more?

Thanks in advance.

Earl
Mar 18 2010 at 22:48
28 posts
Hello Miguel,

a Hedger = Hedging EA... basically it takes a stop order in the opposite direction to your robot at a desired number of pips out.
The one we are using needs to be cleaned up by a real coder... but I think it can help and robot perform better..


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