This EA works only during High Impact News only and It had not made profit in all News like NFP. It was bare luck that this month there was very high volatility with good momentum which made gain, otherwise the EA need revamp for making it profitable or need manual intervention.
ericnyamu posted: way tooooooooooo erratic growth chart. up-down,up-down,up-down,up-down, it looks like its by chance it didnt blow up accounts.its a robot anyway so that expected.
The volatility is the positive growth seen by Keltner can be smoothed simply by lowering risk setting. The account shown here has went from a fixed lot size to a % based risk size so what you see is a reflection of that. But if you just set the risk setting in EA to lower value the equity will turn out a lot smoother.
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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.
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