thanks bro
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Download pips sure ea amazing from 500 to 2000 dollar in two month real account
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FewestCookies
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Based on your sets I have two live 1k accounts each running two M1 HiLo true, two M5 HiLo False. 0.001 and start lot 0.02. I don’t even check it, makes steady money, never got past 6% DD. 0.05 is too much I think but the thing with these type of grid EAs is you can’t get greedy. Won’t get rich overnight. But will make 3-5% a day. That’s just my opinion and wanted to share because you put a lot of work into this so thank you.
hanneswasky
New member
Interesting. Can you share how different it was?
hanneswasky
New member
Completely different trading strategies
Trekkafara
Active member
of course different, because I think developer used 2 setfiles and I uses 4 setfiles. that's the reason why my account had more trades. So what is your question?
Trekkafara
Active member
yes rich over night, but do a quick calculation: if you start with $1000 and you gain 50% profit per month, you will have 130k in 1 year! And another 5 month later you are a Millionaire! Of course, you need the right guts for that. I call this very quick!
JonnyScarface
Active member
Personally, after my fiasco I would always start off at 0.01 'Start Lot' with at least $500 per setfile when going live with your broker to see how it trades cause as demo trading can be completely different to live trading.
Trekkafara
Active member
Firstly, you can't achieve 100% consistency with the developer's account anyway; secondly, we don't even know the exact settings he uses; and thirdly, I was also using a different broker. This resulted in slightly different prices due to different liquidity providers at my broker. Therefore, positions are closed at different times, which further influences the results. Perhaps you're not only new to Clubbingbuy, but also to forex trading in general. In any case, I've been trading forex, with short breaks, since 2008. I don't know for sure, otherwise you'd realize that it's not entirely different. The account type also affects the results. That's why I was surprised that my positions were opened very often at the same time.
Trekkafara
Active member
of course, you are right. I started on my cent account with 490€ and 1 cent lot. That's about $570 and 0.01 lot on standard account.
just copy from your demo account... it is better
Trekkafara
Active member
If you use multile EA's in one account with the same Magic Number, it's possible that EA 1 might mistake the positions of other EAs for its own and trade accordingly. To avoid this for security reasons, I prefer to use different numbers. Better safe than sorry.
Could you please explain how you can identify the magic number from the trade history? It's not displayed there. That would be new to me; I've never seen it here before. I always enjoy learning new things.
Trekkafara
Active member
ok, no problem. BUT I will cancel the Demos at the end of the year, because I already trade 3 live accounts and I wanna test more demos next year with other pairs. right now I'm testing GBPUSD, GBPCHF, USDCHF, USDCAD, EURCAD
when i hover trading history list, i saw the remark that "Placed by expert, expert id 123"
Trekkafara
Active member
maybe the developer uses only 1 chart for 1 setfile, we can't know. Since hedging was quite rare in first tests when I was only using one window for long and short, I solved the problem by using one window for long and one for short positions. from then on, hedging became more frequent and more profitable.
Trekkafara
Active member
I will stop all demo EURUSD demo accounts. I'm also testing GBPUSD at IC Trading account and 2 multi currency accounts. They will run at least till end of February. Here is a list of my accounts at myfxbook:
Real accounts are "Europips double 4" and "ECN - Pippi 2x2 - 535". ...- 712 are 6 currencies in one account with HiLo set to false and ...714 is HiLo set to true. All other settings are the same. IC Poundpips is demo with GBPUSD to compare with IC Europips with EURUSD, both ECN accounts broker IC Trading. Pippi 16 has 8 setfiles, Pippi X4 has 4 setfiles. Europips 1 and 1-2 and 2 and 2-2 has each 1 setfile but all different. Pippi 3x2 hat 2 setfiles in M5 and 1 in M1 with broker PU Prime. Pippi X2/4 has 2 setfiles with broker VTMarkets ECN account. myfxbook cannot connect to VTMarkets and PU Prime. So I can't make them public. Strange!
The best thing with this EA is: it's really profitable with all brokers! And since I use 1 chart for long and 1 for short, there are nearly all the time long and short positions like the developer account has.
JonnyScarface
Active member
It's strange that mine didn't have more or less equal amounts of sells & buys.
hanneswasky
New member
I am looking for a way to have same trades as in his shared live account (not available anymore)
Trekkafara
Active member
that's not really a problem. But maybe he uses a newer version 2.2. We don't know. Don't worry or think about trying to achieve the same results; that's unnecessary. We can't know if we have the exact same version he used in his live account. And of course you must use same broker and account type. And another point is: in the first weeks he had higher risk, maybe just lucky to stay under 25% max DD. There are simply so many different circumstances that prevent or hinder achieving the same trades. Be content with what's possible with the EA we have.