fxdd (By fxandme)
The user has deleted this system.
fxdd Discussion
Feb 01, 2010 at 03:44
696 Views
9 Replies
forex_trader_7
Member Since Aug 01, 2009
941 posts
Feb 03, 2010 at 14:10
Welcome to my world....
Member Since Jan 05, 2010
92 posts
Feb 03, 2010 at 18:50
fxandme posted:
Ok guys .. todays's Buy trade looks like some bug in the EA, I need to check this out !! It should have opened another Sell Trade rather than a buy, I need to check the code and confirm. Cheers !!
So you found what's happened?
Patience is a virtue.
Member Since Oct 28, 2009
78 posts
Feb 10, 2010 at 15:02
Looks interesting. Though for me such system would be a bit too much stress to take :-)
Feb 10, 2010 at 20:22
@pipdetector
Well, I know this is a demo account, but once I go live with this, I am not going to risk more than 1% per trade. As you noticed there is a fixed stop loss of 40 pips. So even if you loose 4 trades a day(which is very very unlikely) you end up loosing 4%.
However, win ratio is very high in this More than 70%. Backtesting from December 2009 till today gives 100% profit on 10k account trading with 1lot (i.e risking 4% every trade).
Today was a very volatile day... I still have to check what happened... just that when I opened the system, I found that the account is up 8% ..and by the end of the day its 11% up.
I am keeping my fingers crossed... Afterall anything is possible in Forex isnt it :-D ...
Cheers !! and have a pip filled day :-)
Well, I know this is a demo account, but once I go live with this, I am not going to risk more than 1% per trade. As you noticed there is a fixed stop loss of 40 pips. So even if you loose 4 trades a day(which is very very unlikely) you end up loosing 4%.
However, win ratio is very high in this More than 70%. Backtesting from December 2009 till today gives 100% profit on 10k account trading with 1lot (i.e risking 4% every trade).
Today was a very volatile day... I still have to check what happened... just that when I opened the system, I found that the account is up 8% ..and by the end of the day its 11% up.
I am keeping my fingers crossed... Afterall anything is possible in Forex isnt it :-D ...
Cheers !! and have a pip filled day :-)
Never Give up !!
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