The Floating Equity Draw-Down reached 70.41% simply because the broker FXOpen stopped FGM from opening any more trades without warning (demo account number of orders open restriction), otherwise if trading had continued as normal, it would have gotten a positive CloseRun much sooner running on automatic. That same restriction is not placed on real money accounts. I let it go in spite of no trades opening and then intervened manually here and there with buy trades to increase account equity once it got down so low. In normal trading with no trades closed, it would still be a Max Equity DrawDown less than 50%, and we wopuld not have had such a time lag that lowered profit per day stats so much.

Now that I have all trades closed manually, I have started ForexGridMaster trading again, but this time using our new FGM Express version on 3 charts, same trading account. The strategy is somewhat different from before because of new settings inputs in the new FGM Express version. Each instance of FGM is trading $60,000 per chart (new setting ChartEquity), so in total the 3 instances of FGM are trading $180,000 of the $262,000 trading account balance/equity. I may adjust parameters a bit once or twice over the next few weeks once I get a chance to back-test more to figure out optimal settings which I haven't done yet. So the settings used here now at FGM Express start are conservative.

Pips for all, James King
http://forexgridmaster.com
Risk comes from not knowing what you are doing.