johnm

Joined Aug 20, 2011

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Experience: No Experience

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Forex Hacked-Alpari UK

That worked.Thank you, Rick! :-)John

19806

Aug 26, 2011 at 07:19

Forex Hacked-Alpari UK

Yes, I see.But even with a very small lot size, the risk of total loss appears to be (too) real to me.Rick, how do you do a backtest over many years?I use the MT 4 system tester on an Alpari UK demo account. It does not go back very far...Thank you! John

19806

Aug 25, 2011 at 19:16

Forex Hacked-Alpari UK

Thank you! :)When I run it in the strategy tester, it tends to grow steadily but then blow the account, like any Martingale system, I guess.So to run this live, with any setting, would seem a little crazy to me...John

19806

Aug 25, 2011 at 06:06

Forex Hacked-Alpari UK

Would you share the settings you are using for the Forex Hacked EA on this account?Is it version 2.3?Did you ask Alpari UK to change the leverage on the demo account from 1:100 (default?) to 1:500?What are the other parameters?I appreciate the help you are providing for all of us. Thank you!John

19806

Aug 24, 2011 at 12:10

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.15922	GBPUSD	1.31505	AUDUSD	0.64857
USDJPY	155.189	USDCAD	1.40517	USDCHF	0.79564