MicroBOT II (By camel8888 )
| Gain : | +56.92% |
| Drawdown | 0.00% |
| Pips: | 302.5 |
| Trades | 271 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:500 |
| Trading: | Unknown |
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Jul 29 2015 at 13:58
Hi what settings are you using? Thanks
I turn off Money Management and use a fixed lot scheme.
The lot size varies based on the market volatility but there is no formula. Generally, when the market is quiet, I reduce the lot size to about 0.10 so I can see the trades but not risk a lot. In a quiet market, MicroBOT looses money.
When I see a day or two of good profit (in PIPS) I increase the lot size and hope the market volatility remains high. Maximum for me is 1 Lot per $1000 balance in the account.
Hope this helps.
The lot size varies based on the market volatility but there is no formula. Generally, when the market is quiet, I reduce the lot size to about 0.10 so I can see the trades but not risk a lot. In a quiet market, MicroBOT looses money.
When I see a day or two of good profit (in PIPS) I increase the lot size and hope the market volatility remains high. Maximum for me is 1 Lot per $1000 balance in the account.
Hope this helps.
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