Trigg'3dTrSys Signals - page 3

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What to clarify?

It is just lot size only.

If you are on IBFXm (seller) and I am on Alpari UK (buyer) and my multiplier = 1 so I will have same lot size with you.

You open 0.01 with GBPJPYm - and my Metatrader with open 0.01 with Alpari UK GBPJPY.

If you are seller using 0.1 lot size, so I as your buyer will have 1 lot size withg lot multiplier = 10.

Just lot size only.

I can open account with some broker with Russian Roubles ... and buy your signals ... and if my lot multiplier =1 so I will have same lot size with you ... if I want to increase lot size so I will use some 2 or 10 ...

 
demons19:
I guess what I am confused about is, a mini account only allows you to trade as low as 0.10 which is $1 per pip......and based on what you just said, you would need $500,000 in your account to safely trade your EA to trade at 0.10 lot size.

Indeed,

0.1 standard lotsize (0.1 * $100K = $10K) would need to have $500,000 in your account to safely trade with.

My EA gives fixed lotsize of 0.01. A buyer having $5,000 mini account at IBFXm (1 lotsize is here $10K) would take multiplier = 1, the same as seller (0.01 lotsize). Another buyer having $50,000 standard account at IBFX (1 lotsize is here $100K) would take multiplier = 1, the same as seller (0.01 lotsize).

I hope you understand this.

Jeff

 

Yes, I think I understand and we are saying the same thing from opposite ends of the EA

Just so I am clear.....with NO changes to your settings and using a lot multipler of 1 (same as your 0.01)

We would need a $5,000 mini account

$50,000 standard account

Thanks

 

can you explain as to why its not safe to use $1 per pip.. i mean based on the stats i see that were posted i mean i ran this couple days i got lots of pips,

is this because there is no SL? or just because the number of trades being opened?

 
avatarx51:
can you explain as to why its not safe to use $1 per pip.. i mean based on the stats i see that were posted i mean i ran this couple days i got lots of pips, is this because there is no SL? or just because the number of trades being opened?

Instead of using $1 per pip and using SL, I split the unit lotsize up to as far as possible parts with fixed lotsize 0.01. I distribute them on different prices to lower risks, instead of 1 unit on the same price.

As there is no SL, it can make a big DD on one day, even with the smallest lotsize (=0.01). When using $1 per pip in my EA, it can regularly make a lot money, but it can blow out your account on one day.

Regards,

Jeff

 

FX Signals

Hello Signal Provider,

Please tell me can I use your signal for manual trading? and can I use it for $500 worth of my Forex Account?

Please guide me, I will be thankful to your support.

Best Regards!

 
arsenic786:
Hello Signal Provider,

Please tell me can I use your signal for manual trading? and can I use it for $500 worth of my Forex Account?

Please guide me, I will be thankful to your support.

Best Regards!

Yes, you can use only 1 pair to trade with for $500 mini account. What do you mean with manual trading? You just watch signal and then open a trade? Mmm, my ea can run both slow and fast, so you could miss some trades...

Regards,

Jeff

 
avatarx51:
can you explain as to why its not safe to use $1 per pip.. i mean based on the stats i see that were posted i mean i ran this couple days i got lots of pips, is this because there is no SL? or just because the number of trades being opened?

I think the last 24hrs explains why its not safe to use $1 per pip. If you started this week, you are being hammered!

 

What is the worst DD you have ever experienced in pips thus far with this EA?

Thanks

 
demons19:
What is the worst DD you have ever experienced in pips thus far with this EA? Thanks

10 of 12 pairs made each about 4-5% DD, together about 50% DD.

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