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Ruby Forex Expert Advisor
Trading Sistemleri
içinde
Jun 03, 2020 at 18:15
Lol yeah, ouch. Luckily I was out of that trade a long time ago, but definitely not a good look for the EA.
Ruby Forex Expert Advisor
Trading Sistemleri
içinde
May 27, 2020 at 18:25
That's actually not what I was implying at all. As stated before, maximum drawdown is defined by the user. That number can be as low as you want. It just so happens the EA working on this myfxbook isnt using a stoploss, but that doesnt mean you shouldnt. But yes, it isnt looking great right now, especially if EUR continues to rise off the news of their stimulus plan. There is always a chance the pair can fall back to trading in range though.
Ruby Forex Expert Advisor
Trading Sistemleri
içinde
May 22, 2020 at 20:55
In case anyone is interested, I did some number crunching based on the data for the 72 out of 103 individual trades that is available on myfxbook. The remaining 31 trades do not have individual data available for them.Average drawdown per trade, including trades with 0 drawdown and the two trades taken in February: 23.4 pipsAverage drawdown per trade, NOT including trades with 0 drawdown or the two trades taken in February: 21.8 pipsMaximum drawdown of any one trade, including the two trades taken in February: 280.5 pipsMaximum drawdown of any one trade, NOT including the two trades taken in F...
Ruby Forex Expert Advisor
Trading Sistemleri
içinde
May 22, 2020 at 06:15
20 pips?? Lol the daily ATR for EURUSD right now is 70+ pips. The pair can move 20 pips in a matter of minutes. A stoploss that tight would lose you most of your trades unless your entries were almost perfect. This EA makes very good entries, but they definitely drawdown atleast 20 pips routinely. At the recommended risk parameter of 10, 20 pips is only 2% drawdown. The recommended max drawdown is 35%. That's 350 pips of wiggle room. 20 pips is ridiculous.If 2 trades are open at a loss, the system will let them run until they either close at the TP, or the combined drawdown equals the max ...
Ruby Forex Expert Advisor
Trading Sistemleri
içinde
May 12, 2020 at 07:43
Whew that was close 😎Nice entry today!
Ruby Forex Expert Advisor
Trading Sistemleri
içinde
May 06, 2020 at 08:00
Thanks for all of your help, I went ahead and bought the system, fingers crossed!I have another question about drawdown. Myfxbook shows a drawdown of 27.22% on April 28. The trade that the ea took on April 27 and held until April 28 went to -25.1 pips (-$223.39). If 10 pips equals 1.5% of the account, then 25.1 pips would be 3.77% of the account. So where are they getting 27.22% from??
Ruby Forex Expert Advisor
Trading Sistemleri
içinde
Apr 30, 2020 at 10:31
Awesome, thank you! I read more about it and now I better understand. Well, the results look great so far. Keep up the good work!So, I assume you have (or had at that time) Maximum_Drawdown set to atleast 64 for this account, or else those trades would have closed, correct? Could you quickly explain what Lots_Risk and Max_Lots do please? For example, looking at a backtest using your EA, Lots_Risk is set to 15 and Max_Lots is set to 50. What exactly does that mean?Thank you!
Ruby Forex Expert Advisor
Trading Sistemleri
içinde
Apr 30, 2020 at 07:54
Hi,Maybe I dont understand drawdown correctly, but why does it show in the stats tab a drawdown of 63.44%, but in the chart it shows a maximum value of 13.6% on Dec 11, '19?
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