[rsmereka]

I have just pulled the plug on Robominer on my live account. The increasing DD in both Robo pairs is threatening my entire account. As I write this the account DD is 69.45% I am leaving the existing open trades to close by themselves. Robominer is a decent EA but not exceptional and it's dark side (the DD) can be deadly especially if you run it hot (like I am).

With the termination of Robominer, I need another EA to replace it. I have been running The Channel Scalper on my demo account for more than 9 weeks now. Here are the existing stats:

Trade Count:

select count() from closedtrade where magic = 40
 database result:
 row(1):Array (     [count()] => 45 )

Winners:

select count() from closedtrade where magic = 40 and pl + rollover > 0
database result:
row(1):Array (     [count()] => 42 )

Winning Percent: 93.33
Pips to Date:

select total(pips(ticket)) as p from closedtrade where magic = 40
database result:
row(1):Array (     [p] => 102.0 )

PL to Date:

select total(pl + rollover) as t from closedtrade where magic = 40
database result:
row(1):Array (     [t] => 4413.03 )

As you can see, The Channel Scalper has done very well so far but keep in mind two things:

1. I am running the EA very hot (which I will not do on my live account)
2. The EA TP is a measly 4 pips but the hard stop is 22 pips which means that I have to make sure the EA does not go on a losing streak, and if it does, the lot size is small enough that the impact on my live account is diminished.

So I have decided to put The Channel Scalper on my live account. I still need to find the ideal risk percent.

I have also pulled Zoid from my demo account. It has not done very well at all since I put it on my demo account on Jan 21. It has had several large losses and it is not worthy of any further attention.

Rick