Thanks Petko, a video on this would be great :)
Another question – when choosing which strategies to remove from the live account, should I look at the FX Blue statistics for the live, or the demo?
For instance, for a twelve-day period, I am looking at the statistics for one EA on the M15 timeframe that has the following results in the demo:
Trades : 9
Gross profit : 19.25
Gross loss : -6.60
Net profit : 12.65
Profit factor : 2.92
And the following results in the live account:
Trades : 4
Gross profit : 5.48
Gross loss : -6.60
Net profit : -1.12
Profit factor : 0.83
If my rules were three trades minimum, and minimum 1.2 Profit factor, Demo account says I should use the EA, but live says I should remove it?
Cheers,
Simon