Costa Rica (By forex_trader_1525)

Lietotājs ir dzēsis šo sistēmu.

Diskusija

Mar 12, 2010 at 13:39
850 Views
4 Replies
robw135
forex_trader_5776
Biedrs kopš   140 ieraksti
Apr 29, 2010 at 17:28
Love the name of the system
jslob1980
forex_trader_1525
Biedrs kopš   2 ieraksti
Apr 30, 2010 at 02:17
Thanks. I love the results of your systems. :)
Biedrs kopš   68 ieraksti
Apr 30, 2010 at 02:24
Those are scary results I would never trade this Ea. For most of the time this EA was in real draw down.
It's a lot of risk for maybe 10% per month.
randy
Biedrs kopš   814 ieraksti
Apr 30, 2010 at 02:32
Look like gid trading. Are the EA fully auto ?

Or you have to manually change side when trend is other way ?
Information is Gold when come to organised.
jslob1980
forex_trader_1525
Biedrs kopš   2 ieraksti
May 02, 2010 at 00:35 (labots May 02, 2010 at 00:37)
😉 Hello all

I am answering MyLoveEA and DoubleTrap comments:

In the start of the real account, I was trade another robot, so the 19% drawdown you see in the start is actually caused by another robot. I started to use the “Costa Rica” system on March 8, 2010. If you review the history statement, you can see the since that date, the account trades 2-5 times / week, instead of 20-40 times / week it traded before.

Please see the demo account of the same system, https://www.myfxbook.com/portfolio/costa-rica-demo/28821 . It has maximum drawdown of 8%.

As I have a lot of confident in this robot, I trade the real account in 2X-3X higher risk than the demo account, so the real account would probably growth faster. A user can trade the risk he tolerates by edit de lot size or the money management values.

It is not a mixed system. It is automated. Positions are opened only by the “Costa Rica” robot. However, in the real account, I sometimes close the positions manually. (But I’ll do it less in the future, as it is actually reduce my profit)

It is not a grid trading. I think this EA is safer relatively to other robots. It open positions with 20 pips TP and 26-29 pips SL, so it needs rate of 3 wining trades for every 2 losing trades to be profitable. It achieves much better winning rate. It trades only 2-5 times / week, so even if has a losing week, it’ll not blow up your account.

The robot is set all the time to “long and short”, and chooses the direction to trade. I am never limiting him to one direction.
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