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Originally Posted by testpilot84  That is what I thought would happen. I had been seeing 92% positive trades at the lower LRR, with average loss being about 1.5 times the average gain. This is entirely acceptable. When I changed LRR to 30, I was getting losses that were 25-30 times the average gain. I would have thought that the proportion of average gain to average loss would have stayed the same. Either it was bad timing or I don't fully understand how FAPT manipulates gains and losses using LRR. I suspect a little of both. |
Sounds like bad timing. The LRR only sets the lot size. It doesnt change the trading. You would have seen the same gains and losses no matter how it was set. What you describe sounds a lot like what the rest of us have experienced. A few months ago I thought this EA was on its way back after a bad Jan, but now it seems to be back to its problems.
What happens is that it tries to buy at the bottom of a range and sell at the top. If it gets caught holding a trade when the price breaks out it can get slamed, because it wont take losses willingly unless the price comes back near to breakeven. This usually works because theres rarely enough volume to sustain a breakout during these hours, but things have been working a little differently lately.