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Flex EA - Default Out Of Box Settings (bei flexea)
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Flex EA - Default Out Of Box Settings Diskussion
Mitglied seit Sep 21, 2019
1 Posts
Mitglied seit Mar 13, 2020
1 Posts
Mitglied seit Jul 23, 2021
3 Posts
Mitglied seit Oct 09, 2021
2 Posts
Apr 27, 2022 at 18:31
Mitglied seit Oct 09, 2021
2 Posts
well on this account it just happened. Its the EURUSD series that hit its SL leading with 35% of the account Balance loss. On other accounts, GBPUSD SL was also hit earlier this year with another 35% Balance loss. This is based on OOTB settings, which have no protection besides this 35% SL per currency pairs (mind you). There are several .set available, but hardly with the results of the OOTB. Now this EA builds-up series of trades upon missing previous trade TP using a multiple. Kind of a martingale. It actually uses virtual trades before placing the first trade to improve the odds and looks for optimized entry points. It has been very successfull at doing so in a low inflation low rate world. Only when the market price reverses so much it can close the series. So since March 16, when Fed started to hike its rates due to inflation, currencies adapted with 400-1000 pips trends which missed pullback to close the series. Next Fed hike is for May 6, but then BCE, BoE, BoJ, etc are also all adapting their rates and QE strategies as we speak.
Mitglied seit Jul 23, 2021
3 Posts
Apr 27, 2022 at 18:52
Mitglied seit Jul 23, 2021
3 Posts
@OlivierMahloc Thank you for your very informative response. So in short, the OOTB settings needs to be looked at in order to not take such HUGE losses. I Have been trading robots for years and this is a huge loss for 2 days.....What do you think?
The ULTIMATE, Highly Profitable Forex Trading Signals
Mitglied seit Oct 09, 2021
2 Posts
Mitglied seit Jul 23, 2021
3 Posts
May 17, 2022 at 18:03
Mitglied seit Jul 23, 2021
3 Posts
@Steve.
If you change your "Custom Analysis" to ALL time you blew the account 3 times. What happened?
The last time the account was blown was from 02.03.2020 to 13.03.2020.
What happened?
If you change your "Custom Analysis" to ALL time you blew the account 3 times. What happened?
The last time the account was blown was from 02.03.2020 to 13.03.2020.
What happened?
The ULTIMATE, Highly Profitable Forex Trading Signals
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