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- Thepipster replied Dec 17, 2014
Which makes it worth testing for an extended period of time, to see if it needs a haircut, and if it makes so much profit that a haircut here and there is worth it. You can always add more steps, too. So, what do you think about the ...
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- Thepipster replied Dec 17, 2014
I wouldn't start with anything less than $1,000, and then only when you've demoed it long enough to be confident. You are right about this being a trapping idea, we are ambushing the profit, when it comes to us. Similar to equity millipede, or ...
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- Thepipster replied Dec 16, 2014
It is addressed in the first post...next? image I'm kidding, it just means the EA will be placing the next closest order it is allowed to by your broker, it's inconsequential.
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- Thepipster replied Dec 16, 2014
Your settings are exactly correct, recommended, and default. It is the calculation that is affected by how your broker displays the lot size. FXCM displays 0.1 lot as 10 lots, which makes the EA think you're really trading with 10 lots, instead of ...
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- Thepipster replied Dec 16, 2014
It is correct for the EA to do that according to the math. It's 0.01 per $1000, so $1001 is dipping into the next $1000, next 0.01 lot. that's why 2001 was the beginning of the new millennium, not year 2000.
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- Thepipster replied Dec 16, 2014
But his actual lot size is 0.20, which is correct. it's just the target that's changed.
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- Thepipster replied Dec 16, 2014
I think because of how the broker shows the lot size, the EA is using a 10% equity target, which is working well for such big moves like today's. If the market goes flat, he might be waiting a long time to take a profit, though.
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- Thepipster replied Dec 16, 2014
I predict insanity ($$$) from now until the end of the year.
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- Thepipster replied Dec 16, 2014
I agree on the insanity...dgodfrey has officially doubled his\her account in 1 day.
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- Thepipster replied Dec 16, 2014
Right!...it seems all listed have a higher equity percentage target than me...I will continue testing at current settings for a couple of weeks, and request everyone else continue at their current settings, too. You guys just might prove having a ...
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- Thepipster replied Dec 16, 2014
You guys are clobbering me! Scores: Me 5% Kosmo 25% dambuster 20% dgodfrey 55% 72% 92%! msdogan 35% !
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- Thepipster replied Dec 16, 2014
~dgodfrey...I'm trying to decipher your trade explorer. It says 16 lot size right now, but it shows the profit and leverage of 0.16 lot size. It seems your equity target is 10%, though! This does give you great returns when the market moves so far ...
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- Thepipster replied Dec 15, 2014
Two things. The buffer would be 10 plus spread, so the spread would need to remain unchanged for the distance to stay the same. Your spread may have come down from $0.10 to $0.05-$0.06. But it probably is averaging a $0.40 distance. The other thing ...
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- Thepipster replied Dec 15, 2014
you had a good start on the new demo, but you only have 15 positions per side. You need at least 30.
whatever....you're making more today than mine has the whole time here.
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- Thepipster replied Dec 15, 2014
Yes, your setting is correct and fine for your broker. It is the distance between orders plus spread. Your orders have a good distance between them!
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- Thepipster replied Dec 15, 2014
image New week everybody! Let's see what happens. FOMC on Wed. To those who have been using Armada, you still can, I just recommend changing the gridlevel to 30, that way you have a "normal" grid size, you'll still have a spread advantage.
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