Latest positions closed (31.07.2020)

I have test small amount in here use ecn

https://www.mql5.com/en/signals/801665

Latest positions closed (03.08.2020)

Hi

I loan this product. The expert only open for seconds trades and cancelled immediately the same positions in my live account.

Can you help me, please! Thanks

Hello borex, that is EA's strategy, and it is working properly. If the momentum of the price is insufficient, it will cancel the orders.

Latest closed positions (04.08.2020)

Hello,

How many open positions + pending orders does this EA open?

Not brave enough to put it on a $500 account yet so was calculating the lowest possible account balance I can use it with.

Thanks!

Hello,

With Divide the Number of Order = 1 and $ 500 account, EA can open from 5 to 8 orders of 0.01 lot with each signal. If you increase Divide the Number of Order = 2, the number of Orders can be reduced to only 3 to 4 orders.

If you are not confident you can set Divide the Number = 1.68 or 2.0 to reduce risk. Until you are confident in EA's operation you can set parameters as recommended.

Best regards,

Hello, EA uses a very complex way of calculating lot sizes and number of orders, and I have not found a suitable formula to have the appropriate fixed lot setup option. I will research more and improve in new upgraded versions. If your account uses a base currency different from USD, it still works properly. If you're worried about risk, you can increase the Divide the Number of Orders parameter, the EA will trade with smaller lot sizes and fewer orders.

Best regards,

I use JPY as a deposit, but it trades in about 100 times more lots than a USD deposit of comparable value. This is a rudimentary bug due to the number of digits in the currency, which is present in every of his EA.

Hello,

Hope you can provide me with more detailed information via text message, I will research and release a version appropriate for your account type. If the JPY account has a problem with you, please try to use USD account. If you see EA dealing with 100 times volume, please set Divide the Number of Orders = 125 to 150

Understood. I'll give it a try. We will report as soon as the results come out.

Basically, I appreciate your EAs. Many of them earn money in the long run, and their prices are reasonable.

Hi,

What is the strategy for exiting losing positions? There is no stop loss and i currently have a few EUR/USD buys which are in drawdown after yesterdays fall.

Thanks

Hello,

Cullinan's strategy is to use multiple orders for 1 signal, when those orders become bad positions, the EA will partially exit to reduce account risk, it will calculate the profitability of the new signals, can balance losses with pending orders and calculate the number of orders to exit. As such it will maintain the account at low risk and steady growth. For example there are 10 bad orders, and then 10 take profit orders, of which 10 TP orders = 2 orders SL, then it will get 2 orders from bad positions, and continue until bad positions exit. market. This seems complicated to describe in detail.

Maybe you are using EA with a currency pair other than EURUSD, or the name EURUSD pair has strange characters added. In my experience, brokers who use weird characters using fake data can cause EA to trade with many false signals. That's because they are Market Markers.