assuming all trades open with a SL of 70 ... drawdown may not be calculated properly ... i have an alternate hedge ea, entry may not be same ... will try to see if i can get similar results ... 2 trades max ... 1 buy ... 1 sell , hedge at 35 pip , stop loss 70 , multiplier 1 , ...
In continuous trending there will be a considerable high DD. It should be very safe to start with a $3K with the settings I used here. This system was designed for long term steady profits and not to get rich fast. With a minimum of $3k initial deposit, I believe this EA would not see a margin call.
I'm under the assumption that you are referring to a regular Martingale-Hedging technique, which yo-yo during a ranging market hoping to catch a trend in the US session to break-out a profit. My EA is quite the opposite. 😄
No bugs in my EA. It's due to the increased lot size. I had increased the lot size for GbpUsd and added another 2 more pairs to trade. Didn't last for 2 weeks as that was way over leveraged. Guess I paid the price for being greedy. 😝😝😝
The purpose of the EA is to avoid human factors to interfiere. You increased lot and lost all the cash. For next EA, stick to MM and let the EA trade. If indeed it is a long term EA, why risk by increasing lot size?.
The long-term settings had been attained. Sticking to it will only accrue to my benefit. I wanted to explore beyond the comfortable zone, which would render me some insights on the extent this EA could go prior to making the necessary modifications to enhance it. Too bad I pushed it too far and lost the account. 😝 Will run the enhanced EA soon. My intent is to generate 3.5% daily profit. The previous EA was raking in 2.5% daily.
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