Thanks Genry Does it also consider "open trades" all open orders in the same currency pair? even if these orders have been opened by the opposite Staxis EA which has different Magic number?

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Thanks jkros Yes I know but the function I'm talking about is a little different. It has been a few years since I decided to go with this method but I think in your case the EA will issue the SELL instruction but metatrader will ignore it resulting ...

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Yes I can see this in my back tests. As you know I have modified the Staxis EA to only trade in 1 direction so that I can have 1 EA take long trades and 1 EA take short trades but I'm not convinced that this technique works properly with the current ...

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Thanks Genry Yes $5000 and even lower equity will work on this pair but it will depend on the EA settings and the leverage of our account. The problem is, if we trade small size we will have small gains and if we pick safer settings, the EA will not ...

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We have to keep on trading This strategy will fail the moment we can't take the next trade so we have to limit our trade size. I have done my calculations and of course the lot size will vary per pair but in general I believe that for this strategy ...

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<20% DD ( and even less) is possible but what % account growth are you after?

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The CHF spike in Jan 2015 was a rare event, however, the risk of a significant event and major loss does exist at all times and with all types of trading.

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Good, I wish you all the best

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I wouldn't say never. Position sizing is not the only parameter which needs attention. Other important parameters are: The frequency of trading per candle, the distance between trades, the size increment factor, the maximum number of trades etc. In ...

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That's fine, there are many ways to trade. Good luck with whatever you do

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The daily? The quantum EA's are meant to be used on low time frames, like the 1min, 5min etc

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Ok but those small differences should not have a big impact on the EA's performance. Anyway, this is my opinion because this is what I found during my testing. I haven't looked at the FXCM feed because they are not a broker I use. EA's don't work ...

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Ok up to you, but for me the profit factor is not the issue. The % of draw down and the accumulated trade size of each basket of trades is the issue. If these 2 parameters stay within acceptable levels then our account should not be in grave danger. ...

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1. Use historical data from a live account 2. If you see gaps in the data of 1 broker, then obviously that feed is compromised. 3. You can force your metatrader to download a complete set of data by clicking on TOOLs, HISTORY CENTER

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It has been emphasided many times before that this strategy is dangerous and yes the EA's can blow your account. However, there are people who are trading this strategy successfully. It takes time to build up the skills to trade and more so to trade ...

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Hi Genry Ok mate, thanks for your efforts. Take care

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Thanks and I replied

Quantum London Trading