Funnel Trader Account 1 (funneltrader) Discussion

funneltrader

Biedrs kopš 51 ieraksti

Jan 05, 2017 at 18:02

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Yes it works with pairsuffix

wealthsecrets

Biedrs kopš 38 ieraksti

Jan 16, 2017 at 00:14

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Happy New Year!

How does Funnel Trader deal with negative swap that accumulates?

And does Funnel Trader make adjustments if the drawdown approaches 90%?

Thanks.

ryang123

Biedrs kopš 85 ieraksti

Jan 16, 2017 at 00:41

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wealthsecrets posted:
Happy New Year!

How does Funnel Trader deal with negative swap that accumulates?

And does Funnel Trader make adjustments if the drawdown approaches 90%?

Thanks.

Hi Mike
With the standard settings, the swap is negligible. Swap would only be an issue on exotics or large volume and funnel is normally low volume.
The DD is based on account size so if you have 90℅ DD, you need much more $$$ in the account. Actually 90℅ would get you stopped out with most brokers! I suggest 3k min. I actually transfer money back and forth when needed. If I have a low DD I put the money in my other account to trade a different strategy but if funnel starts buying more baskets, I send a few $$$ back into it. Best to keep 3k minimum in account and just let it go if you don't want to watch it. I just like to maximize my funds and that is the only reason why I'm constantly transferring.

Choose a good reputation over great riches (PROVERBS 22:1)

fxmill

Biedrs kopš 16 ieraksti

Jan 19, 2017 at 10:58

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Hello. How does TP, SL, & TS work? Are they hidden & dynamic? What is the avg TP & SL parameters?

funneltrader

Biedrs kopš 51 ieraksti

Jan 20, 2017 at 08:16

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Yes hidden and dynamic. Avg tp and sl isn't really relevant because trades are balanced out by each other. So you could have a trade with -50 pips and another with +60 pips. netting +10pips. The system does a cross currency hedge.

tellanup

Biedrs kopš 134 ieraksti

Jan 20, 2017 at 11:13

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This is the most consistent profitable EA I have seen in the recent past , kudos to developers for creating this marvel

funneltrader

Biedrs kopš 51 ieraksti

Jan 22, 2017 at 07:48

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Thanks

saaedb

Biedrs kopš 138 ieraksti

Feb 01, 2017 at 14:02

Biedrs kopš 138 ieraksti

The EA is doing a very good job on my demo $5,000.00 account. It did have a working 40% draw down once in December other than that, it maintains a very low working draw down..

One a $5K account 5-10% a month, will this return per month drop as the balance increases? Just how it opens the lot size hints that the bigger the account smaller the return?