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Old 2008-11-07, 01:46 PM   #1 (permalink)
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Question How can I tell which EA is tested on a demo vs. a live account?

An EA qualifies to be tested on a live account if it has successfully run for 2+ months without major losses, such as dropping below it's starting balance or massive losing streaks of 25% or more of the account balance.

At that time, and at my discretion, I may opt to start the EA on a live account.

The EA will use the same settings EXCEPT lot size will typically be smaller
Example:
0.1 lots on a demo account
0.001 lots or smaller on a live account - due to the starting balance being smaller.

The EA on a LIVE account will be listed in the Quick Stats with a BLUE title, such as this example:
1. Demark lines
$2,916 ($31/day, 94 days)
2. Zig and Zag <---- This EA is on a LIVE account
$1,453 ($22/day, 64 days)
3. RoboMiner
$760 ($44/day, 17 days)
The balance calculation for Live accounts is MODIFIED to correlate to a $5,000 account. Instead of showing $0.04 profits in the Quick Stats only, you will see the account balance and profit x 100 which would make a $0.04 profit equal to $4.00.

Therefore, the Quick Stats balance will calculated like this:

Current balance + profit/loss * 100

$50 + 7.33 * 100 = 5733

Therefore, an EA on a LIVE account with a balance of$57.33 will show in the Quick Stats as having a balance of $5,733.

This is done to help you compare activity to other demo EAs.
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