MQLme Expert Advisor Обсуждение

NSyakirinImran posted:
Hi, if I have an account balance of SGD1,000 (about USD730) with leverage 1:50 on Oanda Asia Pacific, may I know what is the risk factor that I should set? Also, how big is the potential drawdown for said risk factor?

Lastly, should I want to try the EA on a demo account first, and then on a live account, do I need to make 1 purchase or 2? Thank you and looking forward to try out your EA.

ericg1980 posted:
Hi MQLme, I am interested in this EA and have been following its performance over the last month or so and am impressed by ts accuracy as well as its longer type trades. I was just wondering what risk settings and what leverage I should use if I have $12,000 USD sitting in my broker account ready to go? My broker offers leverage of 500:1. Also, I just want to confirm. My understanding of this EA is that this is an automated EA which works in the same way as other EA's but with expert traders on your end monitoring and watching over the trades, with the only human intervention taking place in the event of an emergency to limit potentially big losses. Is that correct?

NSyakirinImran posted:
Alright thanks for answering my questions! I'm more certain of purchasing your EA now :) Hope it'll work out well for me!

ericg1980 posted:
Hi MQL, thanks for the reply. Just curious, how many risk settings are there with MQL? From what I gather there is 10,15 and 30? I see on the myfxbook link that your leverage is 400:1. I'm assuming leverage this high would be reflective of the highest risk setting? I'd be inclined to use the same leverage and risk your system is currently using now. Just wondering what that is?

ericg1980 posted:
Hi MQL, thanks for clarifying this. I look at your impressive results on the higher risk setting of 30 and 400:1 leverage and your Drawdown at 27% isn't that high. What I'm saying is those consistently high returns of 50-70% per month seem to be achieved with a drawdown that isn't all that high even when on the highest risk setting. I think I'm sold on 30 risk level and 400:1 leverage.

ericg1980 posted:
Hi @MQLme, thanks again for explaining this. Out of curiousity, and I know that this will be a difficult question to answer, but with a lower risk setting (say 10-15), what profit per month could be expected? At risk level of 30, is is getting around 60% per month. At risk level 15, would this profit per month halve to say 30% per month?

NSyakirinImran posted:
Hi, sorry it's me again. I would like to ask some questions below as I am still trying to fully understand the concept of the EA.

1) I understand that the EA performs trades on EUR/USD only, however, which timeframe does the EA work on?

2) Usually, what time GMT will the EA execute the trades? As I am aware there's only 1 trade per day on Monday to Thursday and I would prefer to switch off my laptop during 'breaks'.

3) Will the EA work on mac operating system?

4) I read that the risk factor is based on the leverage set. Therefore, if I open an account of 1000USD with 1:400 leverage, I can set my risk factor to 30 right?

Thank you.

NSyakirinImran posted:
Hi @MQLme thanks for the prompt reply. And I see, I have not tried a VPS but I will surely look into it now. Thank you once again.

majamivice posted:
Hello. If choose Risk 15 what leverage should I use better, 1:100 or 1:200?

MQLme posted:

majamivice posted:
Hello. If choose Risk 15 what leverage should I use better, 1:100 or 1:200?

Hi

You can use 1:100 or higher leverage for such Risk.

Regards