FXJETBOT
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FXJETBOT Discussion
Member Since Jan 25, 2022
165 posts
Feb 13, 2023 at 08:33
Indeed, the drawdown of this strategy is not very competitive.
Feb 13, 2023 at 18:30
That's true, it's just for one order. But it happens quite regularly in backtest (for AUDUSD 15x in 5 years), and each time the risk is the complete account. Still considerable because of the impressive growth. But still a super high risk. You've got courage not to withdraw even the deposit ;)
Feb 18, 2023 at 20:18
In the backtest I can see that those big trades have a TP of 100 pips and a SL of 1200 pips. Assuming that the strategy is the same for the live account, it's just simple math. That's not a 30% risk, but a 255% risk. Or do you have an additional drawdown protection active that is not there in the backtests? From the EURGBP backtest I can see a 85.6% relative drawdown, so you fixed the numbers well there to ever so slightly not blow up the account - but if you would put a 30% DD stop in place, the numbers would certainly look a lot different.
Member Since Jun 28, 2012
56 posts
Feb 26, 2023 at 07:17
Do we get access to the actual ea or is this just a copier service?
Member Since Feb 25, 2023
1 posts
Feb 27, 2023 at 12:59
What is the risk limit of the EA you are currently running?
Mar 18, 2023 at 17:34
Hi, i have a question,
If you using min deposit for 0.01 lot that will give us around 30% risk for each of the 5 EA's.
This would meen that the total combine risk would be 5 x 30% = around 150% of the balance.
Calculated this way at the begining you used a combined risk of 500% and now a 190% risk.
I am using the recomended 20% risk for each EA's that gives me a 100% risk.
My question is: can we safely use a 30% risk for each EA? Meaning that the probability of all EA's going on max DD is low enuff for that to work.
Ty
If you using min deposit for 0.01 lot that will give us around 30% risk for each of the 5 EA's.
This would meen that the total combine risk would be 5 x 30% = around 150% of the balance.
Calculated this way at the begining you used a combined risk of 500% and now a 190% risk.
I am using the recomended 20% risk for each EA's that gives me a 100% risk.
My question is: can we safely use a 30% risk for each EA? Meaning that the probability of all EA's going on max DD is low enuff for that to work.
Ty
Member Since Mar 27, 2023
2 posts
Mar 27, 2023 at 21:38
(edited Mar 27, 2023 at 21:42)
Hello Jet,
I‘d ask about the risk of the account. It’s currently 30%, is it from the beginning in November 2022 like that or was it changed ?
I‘d ask about the risk of the account. It’s currently 30%, is it from the beginning in November 2022 like that or was it changed ?
Member Since Mar 27, 2023
2 posts
Mar 27, 2023 at 21:50
Can I use the bot for one Oder two pairs?
Apr 15, 2023 at 15:13
FineTrader774 posted:m0rius posted:NO PROBLEM!
Pls be specific when you post cuz others will belive you without test it out.
We who put $ in it and runing it with profit like the live account can atest to the EA performence.
The Grid Martingale without a stop-loss having a drawdown of 46 % .... Do you like it that way ?
Thats the beginning when risk was higher, he said that multiple times.. its reccomended and current risk is at 20% so if things were to go bad you would only lose 20%..
