[Jacek]

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.

[Jacek]

Hi Ilan,

Thank you again.  I missed that trades are made on the bar opening.  With Grid Machine, it runs on m1, so that is the reason that it open trades all over the place.

Thank you again,

Jacek

[Jacek]

Thank you Ilan,

I live in US, so there are not that many brokers to choose from.  All those brokers have leverage maxed at 50, plus don’t permit hedging.  I have 3 demo accounts from tastyfx / IG running on a local machine (no VPS yet), and that gives me around 150 ms roundtrip.  I use two of those accounts to run EAs from your 2 courses (“21-Day Ultra …” and “Last Month best …”).  one account so far is slightly in red, the other circles around no profit / loss.  There are plenty of small trades made / closed, though.  Is it possible that those EAs are suffering because of those US restrictions?

Thank you,

Jacek

[Jacek]

Q1 – broker

tastyfx.com (US branched IG.com)

It is legit for US customers.

However, I don’t know whether US customers can use non-US regulated brokers, as those have usually bigger leverages and smaller spreads.  Your advice would be greatly appreciated.

Q2 – demo with the same amount as real will be

yes

Q3 – download EAs

Yes.

However, maybe it would be good to have both EAs and Strategies (pdf / ppt) time stamped, so we know which one is newer in case of discrepancies.

Also, GBPUSD and USDJPY EAs have two entries for SL/TP, where only one is initialized.  I did initialize the other one also, but not sure if I should.

Maybe it would be also beneficial to provide setting files.

Lastly, so far in the course, there was no mention about how to size “Entry Lots” based on account sizes.  Maybe instead of just asking for a number, this field should ask for a multiplicator for every $1,000 in the account.  This way, default value would be working for every account.

Q4 – smiley face

Yes

Q5 – EAs started trading

Yes, I have two EURUSD trades already closed.  The first is for $1.31, the second for $-0.5.  I created $10k demo account, and modified LotSize to 0.01.  Maybe I need to bump it up to 0.1.  I also have a third trade open also EURGBP, but this is down right now at $-15.5.

Would be nice, if you provide some examples for all pairs for one account, so we could adjust it accordingly.

I am super excited to see how it will work!  So far, everything is really smooth.

EDIT:

I have submitted it twice not knowingly as I didn’t see page moving for some time after the first click, and the button was still blue (ready to be submitted).

[Jacek]

Q1 – broker

tastyfx.com (US branched IG.com)

It is legit for US customers.

However, I don’t know whether US customers can use non-US regulated brokers, as those have usually bigger leverages and smaller spreads.  Your advice would be greatly appreciated.

Q2 – demo with the same amount as real will be

yes

Q3 – download EAs

Yes.

However, maybe it would be good to have both EAs and Strategies (pdf / ppt) time stamped, so we know which one is newer in case of discrepancies.

Also, GBPUSD and USDJPY EAs have two entries for SL/TP, where only one is initialized.  I did initialize the other one also, but not sure if I should.

Maybe it would be also beneficial to provide setting files.

Lastly, so far in the course, there was no mention about how to size “Entry Lots” based on account sizes.  Maybe instead of just asking for a number, this field should ask for a multiplicator for every $1,000 in the account.  This way, default value would be working for every account.

Q4 – smiley face

Yes

Q5 – EAs started trading

Yes, I have two EURUSD trades already closed.  The first is for $1.31, the second for $-0.5.  I created $10k demo account, and modified LotSize to 0.01.  Maybe I need to bump it up to 0.1.  I also have a third trade open also EURGBP, but this is down right now at $-15.5.

Would be nice, if you provide some examples for all pairs for one account, so we could adjust it accordingly.

I am super excited to see how it will work!  So far, everything is really smooth.

[Author]

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