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chiemekailo
ParticipantI don’t know if this group is still active?! I just started testing with this DV ea and I can only say that it is super.
However, I want to start with a very small amount $200 and even with the lowest lot size of 0.01 this amounts to a risk of 1.7% for gbpusd and 1.45% for eurusd. Since I’m more comfortable with a lower risk level (in the range 0.4-0.5%) because of margin call, I have set coefficient grid management to 0.5 and min distance to 100.
I am most concerned about the possibility of getting wiped out in trendy markets as mentioned by @Marin and I’ll like to get settings that will enforce a max DD of -25% and if possible shut off the trades for the remainder of the day as proposed by @Matt (although I can’t see the set file. Or is it the image file? I’ve gone through it but can’t see the elements that limit the DD). Can I get a link to YouTube video by @Matt?
thanks
chiemekailo
ParticipantI don’t know if this group is still active?! I just started testing with this DV ea and I can only say that it is super.
However, I want to start with a very small amount $200 and even with the lowest lot size of 0.01 this amounts to a risk of 1.7% for gbpusd and 1.45% for eurusd. Since I’m more comfortable with a lower risk level (in the range 0.4-0.5%) because of margin call, I have set coefficient grid management to 0.5 and min distance to 100.
I am most concerned about the possibility of getting wiped out in trendy markets as mentioned by @Marin and I’ll like to get settings that will enforce a max DD of -25% and if possible shut off the trades for the remainder of the day as proposed by @Matt (although I can’t see the set file. Or is it the image file? I’ve gone through it but can’t see the elements that limit the DD)
thanks
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