Toms EA-Risk=2, Testing started 02/28/2013 Diskussion

Anubis posted:
Funny. when I see a system like 'Toms EA crash', and the leverage is 1:500, it's like, 'Gee--I wonder why!?!' Here's some tips on running this EA succesfully: The minimum funding for this EA is $750. Thats in the manual. Although leverage is not discussed in the manual, I don't know why anyone would leverage 1:500. Seriously? Also, the acct must be a MICRO acct. trading 0.01 lots. If your going to spend the time studying an EA, set it up on demo, as though setting it up on real, and use the same broker that your real acct is on, as this EA will act differently on different brokers. This acct is set up exactly as I would a live acct. Leverage=1:100, funding=750, risk=2. I've tested this EA on several demo accts, and it works just fine. I'm also testing it on a lower $500 acct, to see how it handles lower funding. A basket of negative positions is normal for this EA. I've seen 10 to 20% of the funds deposited being used on a basket. It holds the negative ones, while taking the positive profits, so funding is CRITICAL to avoid margin calls. It is not a Martingale per se, as it normally does not increase lot sizes by 1. However, I have seen it open a sell position with 0.01, and then buy at 0.03. There is alot of negative on the net about this EA, but at this point, I have not had a problem with it. I guess only time will tell.