Hi Ilan,
Thank you for the feedback. I have few related questions.
As far as the leverage, can I assume that if for a non US-restricted (i.e., 1:100) $10k account the EntryLot should be set to 0.1 (as an example), then for a US account that runs with 1:50, the EntryLot should be lowered to 0.05 to run with the same safety? Or this should be compensated in another way?
As far as running 2 demo accounts, this is basically what I described in the other post. However, as on avg, those EAs are making about 8 trades per month, fine-tuning the initial restriction will take a month or so, not prematurely eliminate good EAs with a one-off trade. Therefore, I mentioned that including some info (a screenshot with how those robots performed up to release time) would eliminate that initial startup delay.
As far as hedging being not permitted in the US (tastyfx will manipulate trades if hedging is detected), what can we do to those EAs to comply with that restriction? Do we need to modify the code to block either buys or sales (checked one EA, and it is a simple code modification to permanently enable just one direction). From what I have seen so far (not much), I saw that some EAs offer three options: 1. B&S, 2. B, 3. S. It looks to me that for your EAs, maybe “either B or S” (exclusive OR) may work better than B/S only.
Right now, my both accounts are in red, but not much (both are $10k demo accounts). One is down to about $9.5k with pending -$50 (5 robots), where the other is at down to $9.8k with another -$200 pending (3×10 robots). There are not enough trades to select the best, as there are really no clear winners yet.
I will be opening a live account in the next few days (with tastyfx / US-IG), and will be getting a VPS (tastyfx has free VPSes for $2k+ accounts, if not then most likely Hyonix).
Thank you,
Jacek
PS.
Here is a screenshot of one of those accounts (5 robots from “21-Day Ultra Algo Program …” course).
By the way, either the first or the second day I had to manually close abandoned transactions, as I changed the Magic Number. Although, the rest also shows the trend.
Again, that demo account is running for about a week, so all that info is not that much statistically significant yet.