Any body try forexgale EA
Posts: 38
Member since: 12/08/2011
Originally posted by illiterateAre u talking abt forexgale EA statistics? From where u got this data?
http://www.myfxbook.com/members/fxgale/forex-gale-strategy-2/139257
i think is recovering the lose trade...
my only concern are about its drawdown...and lots are getting bigger and bigger...
Posts: 711
Member since: 17/05/2011
Originally posted by index1php
Originally posted by illiterate
Are u talking abt forexgale EA statistics? From where u got this data?
http://www.myfxbook.com/members/fxgale/forex-gale-strategy-2/139257
i think is recovering the lose trade...
my only concern are about its drawdown...and lots are getting bigger and bigger...
Well... this high drawdown is caused during few days which is an alarming thing. It means that this EA can make bigger losses in very short period. It decids its lots randomly. Sometimes it uses micro and most of the times it uses bigger lots (0.3 to around 0.5). Maybe it chooses lots according to strength of a trend. Lot is not much of concern. Main flaw in its strategy is bigger drawdown.
Posts: 685
Member since: 06/06/2011
Originally posted by Champ
Originally posted by index1php
Originally posted by illiterate
Are u talking abt forexgale EA statistics? From where u got this data?
http://www.myfxbook.com/members/fxgale/forex-gale-strategy-2/139257
i think is recovering the lose trade...
my only concern are about its drawdown...and lots are getting bigger and bigger...
Well... this high drawdown is caused during few days which is an alarming thing. It means that this EA can make bigger losses in very short period. It decids its lots randomly. Sometimes it uses micro and most of the times it uses bigger lots (0.3 to around 0.5). Maybe it chooses lots according to strength of a trend. Lot is not much of concern. Main flaw in its strategy is bigger drawdown.
It may have good growth in the end. But its method of trading is riskier. Maybe a little tweak in strategy can solve its problem of high drawdown.