Kokas, i trade the groodge with very low risk (1.0) on an alpari uk live account. Profit target is default (50). What does this mean because when the ea is in profit, (say 2% of balance) it does not take profit. Now it is in a loss (1% of balance). When will it take profit? What should i do with the profit target and/or all the other inputs?
Here's my test to date along with the set file. i used a different pair combination (USDCHF & CHFJPY) based on their inverse correlation. And also toned down the EA a bit with reduced risk setting and a slightly increased pip step on a $10K standard account.
Regards,
RBfx1
Also someone mentioned that they had a successive series of open/close orders that killed his demo account. Has anyone else experienced that?
Kokas, i trade the groodge with very low risk (1.0) on an alpari uk live account. Profit target is default (50). What does this mean because when the ea is in profit, (say 2% of balance) it does not take profit. Now it is in a loss (1% of balance). When will it take profit? What should i do with the profit target and/or all the other inputs?
Same with me, but I'm in demo.
All the floating profit become floating minus now
Infact I set profit target to 3.
Same with me, but I'm in demo.
All the floating profit become floating minus now
Infact I set profit target to 3.
There are two very important things that we must think on the tests: 1 - It is normal to have some draw down. It will recover do not worry just keep your risk low. 2 - If you set the profit target to low, it could cause your EA to close the orders on loss, why? because it is running on only one pair. For instance, if you have the expert running on GBPJPY (second pair = CHFJPY), profit target = $3, if you reach this, and the pair GBPJPY stop moving and CHFJPY keep rising, ten this can cause the EA to close on loss (small loss, but a loss). Any other results from the last week? I was with no internet connection for the last week, but now I'm operational again roger
There are two very important things that we must think on the tests: 1 - It is normal to have some draw down. It will recover do not worry just keep your risk low. 2 - If you set the profit target to low, it could cause your EA to close the orders on loss, why? because it is running on only one pair. For instance, if you have the expert running on GBPJPY (second pair = CHFJPY), profit target = $3, if you reach this, and the pair GBPJPY stop moving and CHFJPY keep rising, ten this can cause the EA to close on loss (small loss, but a loss). Any other results from the last week? I was with no internet connection for the last week, but now I'm operational again roger
No wonder, my result in here are close in loss Groodge - Grid / Hedge EA
The default is risk 20% and Profit target 50
So if I set risk 1% = 1/20 x 50 = 2.5 Profit Target.
So set Profit Target =3 That's what I think
So the profit target has nothing to do with lower risk?
I'm set it back to 50 Profit target
Here's my latest test with usdchf/chfjpy combo. I posted the set file a couple of post back. The EA has made almost 14% in two weeks on a standard $10K 100:1 account!
Kokas,
another member was testing the EA and he came across a problem where the EA opened several alternating buy and sell orders in rapid succession and killed his demo account. Have you observed this problem?
Kokas,
another member was testing the EA and he came across a problem where the EA opened several alternating buy and sell orders in rapid succession and killed his demo account. Have you observed this problem?
Nice results too, and no never seen this happen. Maybe some mess on the settings.
roger
Linear Mode
