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Flex EA - Default Out Of Box Settings (de flexea)
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Discussion Flex EA - Default Out Of Box Settings
Membre depuis Sep 21, 2019
posts 1
Membre depuis Mar 13, 2020
posts 1
Membre depuis Jul 23, 2021
posts 3
Membre depuis Oct 09, 2021
posts 2
Apr 27, 2022 at 18:31
Membre depuis Oct 09, 2021
posts 2
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.
Membre depuis Jul 23, 2021
posts 3
Apr 27, 2022 at 18:52
Membre depuis Jul 23, 2021
posts 3
@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
Membre depuis Oct 09, 2021
posts 2
Membre depuis Jul 23, 2021
posts 3
May 17, 2022 at 18:03
Membre depuis Jul 23, 2021
posts 3
@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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