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Tip2 FX
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Sent from my SM-G7102 using Tapatalk
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Last 2 trades as below
Fixed lot size 0.042016/11/03 18:00:02 2016/11/04 00:24:37 0.892590 0.889830 0.04 Sell EURGBP 13.50 27.6 0.7% 4499161 2016/11/02 12:21:12 2016/11/02 14:51:20 0.900470 0.903470 0.04 Buy EURGBP 14.54 30 0.75% 4494256
EA looks interesting.
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Trades will match those of Forex inControl, but probably are used the moderate settings that limit the martingale three trades.
Here is a review of Forex inControl which speaks aggressive and that moderate setting: http://www.forexbrokerz.com/news/for...eview-drawdown
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Originally posted by IvanTrader View PostJust looked up the ST history and there was a trade opened at .10 lot size. I communicated with him and was told that it's a fixed lot size of .04. Has been that way since the end of June minus a single trade of .05 that was closed out on its own instead of a basket. Looks promising.
Below trades taken from the ST historyIf and when the EA does need a 3rd trade it has been martingale.2016/06/07 01:16:38 2016/06/08 14:13:24 0.781400 0.784780 0.10 Buy EURGBP 48.00 33.8 4.24% 4261381 2016/06/06 13:30:23 2016/06/08 14:13:24 0.784980 0.784780 0.04 Buy EURGBP -1.80 -2 -0.16% 4261380 2016/06/06 02:30:04 2016/06/08 14:13:24 0.788010 0.784780 0.04 Buy EURGBP -19.41 -32.3 -1.68% 4261379
The unknown is what will happen at trade #4, #5, etc. It is just a matter of time before the market goes against the first 3 trades and 4th will have to be opened to cover the floating losses.
And if you look at the backtest of the EA it will continue to add more and more - http://forex-incontrol.com/content/f...rol_EURGBP.zip - using a lot progression.
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Ok I understand what this EA is doing. On the 3rd trade it will adjust the lotsize necessary to cover the losses from trade 1 and 2 within a TakeProfit of 34 Pips . That means if the signal generation doesn't trigger immediately, the further the trades go against you the larger the 3rd lotsize will be.
https://i.gyazo.com/bc9df8b79356366b...be6e4aeba0.png
http://www.myfxbook.com/members/inco...ontrol/1580288
Also the system crashed in 2015 - http://www.myfxbook.com/community/tr...ts=29&o=683980 and has been on the market since 2013.Last edited by HedgeBitcoin; 11-08-2016, 05:38 AM.
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