He guys,
I have some question before I turn on Algo Trading with the EA’s. Hopefully you can answer them.
1) First question is: what are the top 3 best performing pairs right know. I installed the EA’s on a demo, but since Monday so I don’t have enough results, but I would like to start with my 100K Funding Pips account (challenge).
2) If I trade the best 3 performing pairs, is it necessary to decrease the risk, or are the normal setfiles enough for the top 3? So let’s say the top 3 are: Gold (o,49 lots), EUR/USD (3,87 lots) and USD/CHF (1,78 lots). Can I just rely on these setfiles given lot sizes, or do I have to decrease them since I’m using 3 of them?
3) When there is news, especially red USD folder news, do I always have to close all positions? And when im not at home, it’s difficult to turn off Algo trading. Does the EA’s have a setting it won’t place any trades in the radius of like 30 minutes around news, or is the Algo trading turn off a must?
Thanks in advance!