Tuesday, 13 November 2007
Carry Grid EA setup questions
Q. I have started to setup the EA on a demo account. I have a couple of
questions. How do you know what leverage to set the account at (1:400,
1:100) etc.? Can the leverage be changed on the live or demo account? I
will have to start a mini account. Does it make a difference what broker
to open an account with when starting with a mini account vs. a
standard? Are there any big differences that might change my profits
between the brokers?
A. I would use leverage of 100:1 or LOWER. higher leverage magnifies profits and losses, which is not what we want to do when dealing with a long term low risk system. You usually set it when you apply for an account but most brokers will change it for you.
I personally use fxdd for the past year or so, and they have set up micro lots for me on a standard account, which is nice of them. I dont think it makes a huge difference, providing you make sure you can trade micro lots.
Labels: broker, Carry Grid EA, leverage, mini account
Thursday, 11 October 2007
CG FAQ
Q. i opened a mini account at interbank (demo) and wanted to try your EA. But at IBFX i can not trade the GBP/JPY currency with mini account......
A. You can override the lot size by setting manual lotsize to true and then setting the lotsize value.
Q. how can i use your EA on this currency? (GBPJPY)
A. Yes you can use the EA on this currency
Q. Can you please let me know what is the easyforexindv2.exe file is for?
A. easyforexindv2.ex4 is the indicator used by the EA and can be displayed on a chart also
A. You can override the lot size by setting manual lotsize to true and then setting the lotsize value.
Q. how can i use your EA on this currency? (GBPJPY)
A. Yes you can use the EA on this currency
Q. Can you please let me know what is the easyforexindv2.exe file is for?
A. easyforexindv2.ex4 is the indicator used by the EA and can be displayed on a chart also
Labels: CarryGrid EA, easyforexindv2.ex4, FAQ, GBPJPY, mini account
Friday, 5 October 2007
CG Stoploss and minis
Q
(1) Are you able to hide the stop loss settings so that the broker will not be able to see the settings?
(2) Can the EA work on mini accounts?
(1) Are you able to hide the stop loss settings so that the broker will not be able to see the settings?
No that is not possible to hide the actual stoploss used, though the
EA parameters will not be visible to the broker, as its running client-side. I
dont really understand why this would be an issue, unless you suspected your
broker of being a stop-loss hunter. It would be possible to implement a
stoploss without using the normal stoploss mechanism, which would hide it from
the broker.
(2) Can the EA work on mini accounts?
Yes it will, providing you can also trade micro lots, or small enough lots.
For instance, on a 2k mini the auto lot sizing will trade mini lots around 0.01
- 0.02 in size.
Labels: CarryGridding, FAQ, mini account, Stoploss
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