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Originally Posted by PipCop  I hadn't realized I could, or should, trade multiple pairs at once. Should we restart it and do that? Is it markedly more profitable? |
Sure, just multiply what you see by a few more pairs. They are all profitable, the real problem comes down to the new spread filter, it eliminates most trading. Thats why Alpari now has the best results, not because the individual trades are any better, just because there are more of them.
When this robot first came out Alpari was their prefered broker, but got dumped after too many problems with the spread. Being the first prefered broker they got hit hardest right from the start and compensated by raising the spread to untradable levels. Now they seem to have somehow managed to bring it back down, more so than some of the others have.
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Theres no need to restart anything just to add a chart or two. Just put up the chart you want and add the EA to it. It will commense with trading from that point forward. Theres no need to change any settings from the first chart, the same magic number and default parameters will work fine.
When adding the other pairs the spread is going to be the bigest deciding factor in whether or not there is a substantial profit. With a 5 pip filter the gbpchf willnot trade at all on any broker. The eurgbp will have problems currently on most brokers, and the eurchf and usdcad will just squeak by. Of the four I often see the best results with the eurchf, and sometimes the gbpchf regardless of the spread. I set my spread filter to 10 to allow all possible trading.
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If you check the FAP T members forum, they published some FAP Winner recomended settings back during the xmas vacation. All of their settings were grossely overleveraged and they probably lost a lot of people money by recomending them, but they always traded the eurgbp and eurchf pairs, even on their most conservative settings. The more aggressive settings added the others. Their problem was that they were recomending extremely large lot sizes, 30-40% risk setting in some cases. As they hopefully learned, even a good system, such as this one, can sustain a series of losses.
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I am currently running FAP T across 32 charts on my FxPro demo, I changed the magic number on each subsequent instance of the same chart in order for them all to trade without interference, and I have no problems with it. By going into the tools/options/charts tab and lowering the max bars in history and max bars in charts to the minimum, it easily handles all this on well under 100K of memory, generally under 50K although its peaks higher sometimes. And I dont run any fancy indicators with this or they push the ram up, just the standard 5 and 100 ma's, and the fractals. Since your not examining the charts you could easily remove all these and just run a basic black line chart, and probably save even more space.
Comparatively, I only run a few chart windows on my FXDD platform, where I mostly manual trade and run backtests. But I maintain 250,000 bars of history and charting, and this often goes over 250K of memory. I tried running 999,999,999 bars but it shut me down with well over 1G of memory.