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Jimmylc15
MQLme Expert Advisor
in
Trading Systems
Oct 13, 2016 at 06:38
It's not coming back up, Sellers are everywhere for this. Support has finally been broken after 2 months....
MQLme Expert Advisor
in
Trading Systems
Oct 13, 2016 at 06:38
EUR/USD has been in a downtrend for 2 months....It has been stuck in a wedge and finally broke support, I have no clue why 2 buys would be placed. Absolutely beyond me
MQLme Expert Advisor
in
Trading Systems
Oct 13, 2016 at 06:37
Currently down over $100 just using Risk 10, I understand losses but the first entry really just didn't make any sense. Then a second trade is opened fighting a counter trend and profits aren't taken. I would like some kind of explanation, Or pray that this pair goes up...
MQLme Expert Advisor
in
Trading Systems
Oct 13, 2016 at 06:18
I agree, I think it would be better if we could get updated when large drawdowns such as this one are happening. I personally don't understand the entry point on this trade as there showed no signs of price going up. The downtrend was in full effect. Regardless, an update would be nice
MQLme Expert Advisor
in
Trading Systems
Oct 11, 2016 at 18:43
It's doing good, but if you are an emotional trader I wouldn't recommend it. Even with Risk 10 I have gone into drawdowns of -$40/50. I personally feel that the entry points could be better. I think drawdown could be limited with a better entry but that isn't to say the system is doing bad for me, just constructive criticism. I think the best thing this EA could do is re-code their Risk settings to a percentage. For example, Risk 2%, that way the max Risk on your account is 2% even with the 200 pip stop loss. Time will tell how the EA keeps up. But that is all my personal experienc...
MQLme Expert Advisor
in
Trading Systems
Oct 02, 2016 at 05:41
Yeah Jero I agree. Since I am personally using this EA right now, I must say MQL.me is very professional and helpful with any questions that come up. I feel that their human interaction is a good thing if a trade is going to take a dump, so they can minimize the amount of loss we have. If they keep that promise then this EA will be a great system. High success rate with few losses that are jumped on when going real bad.
MQLme Expert Advisor
in
Trading Systems
Oct 02, 2016 at 05:40
Eric, Risk 10 default setting means you will be trading lots equal to 1% of your balance/capital. 95% of traders will all agree that anything over 2% is like playing with fire and extremely risky. I personally wouldn't go over Risk 15, but I am using Risk 10 myself.
MQLme Expert Advisor
in
Trading Systems
Sep 27, 2016 at 08:10
Hey I have one question. If my capital is $500 USD, and I am using 50:1 Leverage, then I should have a risk factor of 10. However, does that mean each lot is risking 10% of my capital each trade? If not, what would be the lot size on my account using these parameters? Thank you!
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