New EA Cm_EA_TrailingStopOrders 3r_EDU-plus

in my opinion, this is a good ea. .
But you still have to pay attention to MM.
You need to be careful when experiencing a prolonged trend.
I will report my real results after 1 month.

 

This is my review for this thread:
Not that bad

Suitable USD2500 account or Cent account

change lot size setting to 0.01
change multiple to 1.2

Suitable to run 1 pair in one account only

 

I backtest EURUSD TF15
lot size = 0.01
multiple = 1.2
others setting default...

Account size USD2500
recommend to use USD5000

the float is high but it manage to recover back. not bad...
but we dont know the future
so if any of you plan to use this ea just becareful

But i will use this ea on live account

Thanks

 

Thank you! Will test it in real account and will report my real results after 1 month.

 

Hello some special configuration for this EA cm_EA_TrailingStopOrders 3r_EDU-plus.ex4 since it has several parameters, and which pair is used Alwina?

regards

 

I have established a set file for a 1k deposit on EURUSD 1:500 - 1:1000 leverage. After using/testing EAs for 2-3 years, this one ranks among the best (in the 95% percentile). Enjoy, please provide feedback and questions. Watch news and drawdown (close trades if drawdown exceeds 400-500). Keep spread under 2.0 (20) pips.

 

Hope this settings will help me to recover my $10K usd losses. Thanks so much!

 

Another way to reduce risk, lower multiplier to about 1.35 or 1.3. Depending on how much profit you want.

 

Thanks Oceanic for your answer, but I want to know if this configuration is for you to pair?

 

I use EURUSD with a multiplier of 1.5 and 7.0 pips order distance.

 

You use the EA from post1?

 

Yes sir, I am trying to develop a way to limit the drawdown further. I do not recommend live trading with this without watching news.

 

maximum allowed loss = 400? or is it the same configuration that you covered cm_1k_set.set is there ready to place in the EA?

 

Thank you. I am trying on demo....

 

maximum allowed loss = 400? or is it the same configuration that you covered cm_1k_set.set is there ready to place in the EA?

 

I will upload a new set file please stand by. It seems in this EA you should use a max loss/drawdown that is half of the monthly profit. On 0.01 lots you get roughly 1k profit/month, 0.02 1.7k and so on. So the maximum allowed loss would be 500 and 850 respectively.

 

Ok Good

 

You use it on which TF please?

 

Okay here is the most conservative/profitable configuration using RSI indicator. Keep in mind, to be used on Eurusd 5 minute chart. Minimum deposit 1k. Remember this setting can trade during news but be mindful of news. Close trades if you feel the market will move strongly against you. This will not happen most of the time due to RSI. You may choose to add max drawdown filter in order to sleep more soundly.

 

Ok Oceanic thanks for sharing, so we just put this configuration and let it run 24/7, what else should we keep in mind? I understand that it is not altered with the high impact news?

regards