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Funnel Trader Account 1 (By funneltrader )

Gain : +397.24%
Drawdown 39.40%
Pips: 26257.8
Trades 16972
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

Funnel Trader Account 1 Discussion

tellanup
Jan 05 2017 at 11:21
130 posts
funneltrader posted:
tellanup posted:
can this work with 1:100 leverage with say LMAX


Yes it can and does work with that broker and leverage.

Lmax professional account has currency pairs with .lmx suffix. Will the ea be able to work with currency pairs with .lmx?

funneltrader
Jan 05 2017 at 18:02
51 posts
Yes it works with pairsuffix

wealthsecrets (wealthsecrets)
Jan 16 2017 at 00:14
38 posts
Happy New Year!

How does Funnel Trader deal with negative swap that accumulates?

And does Funnel Trader make adjustments if the drawdown approaches 90%?

Thanks.

ryang123 (ryang123)
Jan 16 2017 at 00:41
85 posts
wealthsecrets posted:
Happy New Year!

How does Funnel Trader deal with negative swap that accumulates?

And does Funnel Trader make adjustments if the drawdown approaches 90%?

Thanks.

Hi Mike
With the standard settings, the swap is negligible. Swap would only be an issue on exotics or large volume and funnel is normally low volume.
The DD is based on account size so if you have 90℅ DD, you need much more $$$ in the account. Actually 90℅ would get you stopped out with most brokers! I suggest 3k min. I actually transfer money back and forth when needed. If I have a low DD I put the money in my other account to trade a different strategy but if funnel starts buying more baskets, I send a few $$$ back into it. Best to keep 3k minimum in account and just let it go if you don't want to watch it. I just like to maximize my funds and that is the only reason why I'm constantly transferring.

Choose a good reputation over great riches (PROVERBS 22:1)
fxmill
Jan 19 2017 at 10:58
16 posts
Hello. How does TP, SL, & TS work? Are they hidden & dynamic? What is the avg TP & SL parameters?

funneltrader
Jan 20 2017 at 08:16
51 posts
Yes hidden and dynamic. Avg tp and sl isn't really relevant because trades are balanced out by each other. So you could have a trade with -50 pips and another with +60 pips. netting +10pips. The system does a cross currency hedge.

tellanup
Jan 20 2017 at 11:13
130 posts
This is the most consistent profitable EA I have seen in the recent past , kudos to developers for creating this marvel

funneltrader
Jan 22 2017 at 07:48
51 posts
saaedb (saaedb)
Feb 01 2017 at 14:02
138 posts
The EA is doing a very good job on my demo $5,000.00 account. It did have a working 40% draw down once in December other than that, it maintains a very low working draw down..

One a $5K account 5-10% a month, will this return per month drop as the balance increases? Just how it opens the lot size hints that the bigger the account smaller the return?

tellanup
Feb 01 2017 at 21:24
130 posts
this is clear winner in the long run

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