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Originally Posted by ApacheDan  Yup...been burnt too with FapTurbo. The only EA I'm trading live is Megadroid (tweaked)..so far, I'm in the positive.
The settings with Channel Scalper is the same set you posted here...so in theory you and I should have same results  ....still, please let me know how it goes in real life.
I got a VPS and trading in Demo 3 brokers, Alpari UK, FXCM UK and ACM (swiss). I like EA's that are channel-like. I think I'm going to try the Donchian and another RSI I briefly saw.
I never tried this, but is is possible to use different EA's with different pairs within the same broker account? I guess if they are different, no need to change Magic Numbers. I keep an excel spreadsheet to record results, since they would be mixed in the account totals. My VPS can take so many brokers and no more...I don't want it to slow down or crash the system. If possible I could probably test 6 or more EA's at a time 
On a quick note, last night it traded 11 times, all shorts, all wins at $45 average...does that sound right? did you get similar results live? My original demo balance was $5,000, now I almost got 10% in one day??  Thanks. Dan |
Dan,
Those settings I posted here for The Channel Scalper are very agressive. 12% risk and usually three trades start at once.
In one broker account, you can run any pairs/EA's that the broker supports. The only restriction is MetaTrader (and technology like how much memory[RAM] and CPU power) which is only one EA per chart.
Using a spreadsheet to sort out all the trades, pairs and EA's is going to drive you bonkers. It will quickly become unmanageable. That is a big reason I created
Mt4Analysis. This much data needs a database to manage it. IMHO, of course.
I tried the Donchian Channel Scalper (aka: Broker Buster) but I could never get a decent backtest so I gave up on it.
BTW, which version of Channel Scalper did you go with? When I read the entire thread on tradingsystemforex.com, I could never get updated set files for the most recent version which is why I went with version 1.06 even though the later versions have some improved features like automatic time shift which 1.06 does not have.
I have had no Channel Scalper trades open since the 18th. This is unusual for this EA but I have noticed that the market is kind of stale/wishy-washy right now. A number of pairs are in a fairly tight channel which is no good for us. What trades were you referring to?
Also remember that demo accounts (like backtests before them) are only the next level indicator of performance. In a real account, performance will be different. Some EA's have a major performance difference between demo and live and others have a situation where the live performance is close to a demo account.
Rick