SteveM wrote:After 4 weeks, I have doubled my demo account (from $5,000 to $10,053). As the demo is an Axitrader account, it only lasts one month so it will stop in a day or two.

There has been very few trades in the last few days due to most pairs that I have it on not having the right conditions to create the breakout box. I have started a small live account trading this one, but with much more conservative lot sizes because one thing I learnt during the demo was that this can get away real quick if it runs low on cash.

In the time it was running, I had 2 days where I lost money, the first was when I had too many pairs and too big a lot size and the system ran out of cash, I had to close losing trades to get it running again. The second was when I was fiddling with the lot size calculator and I had a trade that, while gaining 100 pips, had bigger trades on the losing side than the winning side. Both of these were my fault and not the fault of the EA.

It will be interesting to see the result of a longer live test, but it really depends on market conditions.

laharjaya wrote: just using ootb setting ?

   if (!StopTrading)
   {
      //max pairs check
      if (NoOfPairsTrading >= MaxPairsAllowed && MaxPairsAllowed > 0) return;
      

SteveM wrote:

laharjaya wrote: My live test is having a similar result as the demo had, but at 1/10th the size.

SteveM wrote:

laharjaya wrote: just using ootb setting ?

Yes, except for lot size which was detailed one page back.

One more thing I have noticed with this one:
If you set MaxPairsAllowed, the on screen feedback will correctly tell you when the max number of pairs is trading, but it doesn't stop the EA from taking trades on new pairs.
I have looked at the code and I can see the following in the start routine

Code: Select all

   if (!StopTrading)
   {
      //max pairs check
      if (NoOfPairsTrading >= MaxPairsAllowed && MaxPairsAllowed > 0) return;
      

But it doesn't appear to have the desired effect, and I can't figure out what to change it to.
I had MaxPairsAllowed = 5 and found 7 pairs trading. Now I have cut it back to just the trading pairs so no more will open.

My live test is having a similar result as the demo had, but at 1/10th the size.

SteveM wrote:There is an error in the lot size calculation for lots / 1000 of balance

Existing code:

Code: Select all

SendLot = (RoundDown * 0.1) / 1000;      

Uses a fixed 0.1 ratio, the correction is

Code: Select all

SendLot = (RoundDown * LotsPerThousandOfBalance) / 1000;      

Other than that, I'm loving this one. Out of the box, running on AUDUSD and GBPUSD my demo has gone up 70% in 3 weeks. It would have been higher, but I tried to add pairs without changing the lot size per pair and ran out of margin.

Fx93 wrote: I was wondering what to set the following at now, here is what I did:

Lot = .01
LotsPerThousandofBalance = .01
Incremental Lot Multiplier = 1