How it comes that DD is only 4.99% while the account has huge DD on 17th of March (about 45-50%) ? Do you stop updating the account till the things back to normal ? Is the system using SL ? Martingale ? Grid ? No one can trust your system if can't see the closed trades !. Thanks ...
@Alexz80 Sure, I have opened it. I will keep it open for a day or so.
@oshaban Yes there was a huge dd. As I stated in my first post. I had it running on currency pairs it was not intended for, so it ran into a bit of trouble..hence the custom date/currency pairs. I now have it on less currency pairs, backtests and custom analysis give me this result when I remove those pairs. Not martingale or grid.
I have absolutely nothing to hide. And do not 'stop updating' if it is in DD. If you look at the DD it incurred on the 16th of march actually. It took part in AUD/USD trades that it was not intended for - it did so well on the other majors, I thought there would be no harm in adding it. I have removed it and another currency pair creating DD.
Some trades close with a very small pip profit (I call them piplets). With signals, I have learned, under 10 pips won't really work that well.
The only way I can successfully do this is if you can open an account with your broker.. Supply me with the details and I run it on my side - oh and obviously arrange with the broker that only you can make withdrawals. I will be looking at a PAMM account some day, but not at this stage..
The broker that this account is with (purposely not mentioning their name) only allows a withdrawal to be passed once it is verified that it was made by you.. You need to send them a copy of positive identification accompanying withdrawal - I am sure most brokers work that way - so that should put your mind at ease that the trader (me) won't be able to access any funds.
I never got margin called, not on this system, not on my manual system either.. This is an old account which I tested some other things out on as well in the past. For a while now, I ran this EA on the account, yes things went south at a stage, which I have explained as running on currency pairs it was not intended for.
The EA uses a magic no of 99999. If you run a custom analysis on this magic # since creation of the account, you will see that it performed better.. If you go even a teeny bit further by only letting it run on three pairs, E/U, G/U and U/C, you will see it did even better..
I apologise for all the custom analysis needs, but the account had a bit of history with 99999 and I wanted to use this i/o opening a new account..
As stated above, the investor can run this on a cent account first. There will be no risk for him while testing the waters. Forex is filled with scammers, and I would like other traders to see that there is full transparency here.
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