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Old 2008-11-18, 10:32 PM   #25 (permalink)
Killer-B
Pip Detective
 
Trader for 2 - 4 years
Location: Colorado / NZ
Posts: 145

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Quote:
Originally Posted by gundam98 View Post
The float is huge.. it keeps holding the trades and open multiple lots (martingale style i.e. 0.2, 0.4, 0.8) to compensate lost.. If keep trending for too long, this will get MC. I have tried it last time, the equity up % is too slow. The "floats" is the problem...
This is a problem indeed- Didn't realize this was its trading style till after you had mentioned it, as now I have 10 trades open (5 buy / 5 sell) but all are at .10 so I was going to argue the point.... However, looking at PipCop's demo account, I see it has indeed "martingaled"... .10, .20, .40 etc. - Also, the Float is HUGE! - He has $1800 in negative float against $1800 in closed profit (give/take on both)... but that's still a huge risk...

I run Jitterbug for martingale - as it places hedge orders if things get too out of whack - plus it will TRY to go back and recover negative trades...

Since this appears to really be a martingale EA - I'd propose running Jitterbug against it on a /CHF as it has good swings -

Just my 2 cents

KB
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