FX Rogue Wave 3.0 Reversal Strategy - Acct #1 Tartışma

ibthescottyb posted:
Once the indicators detect a trend movement, the EA begins trading. The sooner this detection takes place, the sooner trading begins. I use the 1m chart on EURUSD – GBPUSD – USDCAD – USDJPY – AUDUSD – NZDUSD – EURJPY – USDCHF.

As requested, I have attached the user guide. This is the same user guide that my customers receive that request an evaluation copy.

braddock posted:
10000 $ account killed at 5 th of september 2014....started at 1 of september 2014....

default settings, broker ic markets ecn

braddock posted:
tp 20 and trigger 60 looks very good at same time

ibthescottyb posted:

braddock posted:
10000 $ account killed at 5 th of september 2014....started at 1 of september 2014....

default settings, broker ic markets ecn

What type of account? From the user guide...

First we need a basic understandings of Lot Sizes:
One Standard Lot = 100,000 Units of currency
One Micro Lot = 10,000 units of currency
One Nano Lot = 1,000 units of currency

Brokers can allow you to trade in various ways. Check with your broker to verify “how many units do they consider to be One Lot?”. This is a different question than what is the minimum a broker will allow you to trade.

Also, due to the power of the martingale AND the fact that you can be in as many as 20 trades at the same time per pair, account leverage can be a huge factor.

The less equity you are using to open a position, the more equity you have to be in more positions and handle whatever draw down may occur. If used wisely, the higher the leverage – the better - and the less deposited funds are required.

Here are some examples for account balance requirements using the EA as-is:

Nano Lot Account with 500-1 leverage = $200.00 minimum balance
Standard Lot Account with 200-1 leverage = $20,000.00 minimum balance
Standard Lot Account with 50-1 leverage = $200,000.00 minimum balance