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Stuart James Winter  
Stuart James Winter #:

this is the setfile that i use for my algo gold ea 

warning dont use the setfile just found out my ea doesnt accept setfiles and will casue trades too stop please input the parameters manually that are shown on the page

Oscar Arribas  

Hi, the EA maintain a very low equity all the time, a DD very close at the inicial deposit.

In test with the parameter by author win U$D60 in two months, because the draw down.  Despite winning, I don't see how it comes out of a very low equity.

The default settings are more profitable, but de DD maintains the equity low at all. 

I hope the author can improve this.

Stuart James Winter  
Oscar Arribas #:

Hi, the EA maintain a very low equity all the time, a DD very close at the inicial deposit.

In test with the parameter by author win U$D60 in two months, because the draw down.  Despite winning, I don't see how it comes out of a very low equity.

The default settings are more profitable, but de DD maintains the equity low at all. 

I hope the author can improve this.

thankyou very much for your comment but i believe in safe consistent profits for the long term hence why i stick too the 10% a month profit target no more than that a greedy trader is a losing trader and greed is not at the forefront of my mind and i would like this ea too give other traders the same mindset as me im very happy  with the way things are going with this ea and have no plans too change anything thankyou once again for your kind comments

Wong King Kee  

hi sir, your EA is good, but anyway i use on demo account and follow your instructions, but lot size change to 0.1, somehow the trade even limit to 5 buy and 5 sell, the buy still more than 5 trades, anyway how to set ?


than you sir

Stuart James Winter  
Wong King Kee #:

hi sir, your EA is good, but anyway i use on demo account and follow your instructions, but lot size change to 0.1, somehow the trade even limit to 5 buy and 5 sell, the buy still more than 5 trades, anyway how to set ?


than you sir

right click your mouse move cursor over to expert properties click on expert advisor click next too inital lot value and type in 0.01 

Wong King Kee  

let say my equity now is : 20000

if i want to let the bot stop on 21000, i just key in like following ?


stop trading at this equity 21000


close trades at this loss amount 0.0


close trades at this cycle profit 21000

Stuart James Winter  

no it would be stop trading at this equity 20200


close trades at this loss amount 0.0


close trades at this cycle profit 20200


i always follow the 10% a month rule you should be aiming for 2000 a month on a 20000 account


if it were a 200000 account you were trading with than yes i would reccomend stop trading at this equity 201000


on a 20000 account with this ea 21000 equity stop would require a initial lot value of 1 and it would blow your account


so for a 20000 account the settings should be as follows


initial lot value 0.20


stop trading at this equity 20200


close trades at this loss amount 0.0


take profit 100


max daily trades 0


maximum active trades 10


maximum trades per direction 5


use time zone 1 false


time zone 1 start 03:00


time zone end 20:30

Wong King Kee  

hi Sir,

i have tried using this EA with my demo account, the result is very good. 

But is there a way we can set the stoploss for each trade which is IN FLOATING , why i say so, because let say now if the market is UPTREND, so all the BUY will have profit, but it will stuck the SELL trade, if the trend keep going up, the more FLOATING it will be, how r we gonna settle this problem?


Thank you sir for your kind explanation

Wong King Kee  
Stuart James Winter #:

no it would be stop trading at this equity 20200


close trades at this loss amount 0.0


close trades at this cycle profit 20200


i always follow the 10% a month rule you should be aiming for 2000 a month on a 20000 account


if it were a 200000 account you were trading with than yes i would reccomend stop trading at this equity 201000


on a 20000 account with this ea 21000 equity stop would require a initial lot value of 1 and it would blow your account


so for a 20000 account the settings should be as follows


initial lot value 0.20


stop trading at this equity 20200


close trades at this loss amount 0.0


take profit 100


max daily trades 0


maximum active trades 10


maximum trades per direction 5


use time zone 1 false


time zone 1 start 03:00


time zone end 20:30

Stuart James Winter #:

no it would be stop trading at this equity 20200


close trades at this loss amount 0.0


close trades at this cycle profit 20200


i always follow the 10% a month rule you should be aiming for 2000 a month on a 20000 account


if it were a 200000 account you were trading with than yes i would reccomend stop trading at this equity 201000


on a 20000 account with this ea 21000 equity stop would require a initial lot value of 1 and it would blow your account


so for a 20000 account the settings should be as follows


initial lot value 0.20


stop trading at this equity 20200


close trades at this loss amount 0.0


take profit 100


max daily trades 0


maximum active trades 10


maximum trades per direction 5


use time zone 1 false


time zone 1 start 03:00


time zone end 20:30

oh so now i understand, let say my equity is 20000, if 20200 is only 1% profit which is low risk

Stuart James Winter  
yes the idea is too collect small profits too keep adding too your account balance before the 1% target is reached keeping your drawdown low and stopping your account from being blown xauusd has been going down a downward spiral but my chart has nothing but arrows all the way down and my account has not blown its very safe as long has you follow the parameter settings i set
Wong King Kee  
Stuart James Winter #:
yes the idea is too collect small profits too keep adding too your account balance before the 1% target is reached keeping your drawdown low and stopping your account from being blown xauusd has been going down a downward spiral but my chart has nothing but arrows all the way down and my account has not blown its very safe as long has you follow the parameter settings i set

so tats mean we withdraw the profit everyday and left account floated doesnt matter right ? the main point is collect the profit

Stuart James Winter  

no because when the ea is trading your equity is less than your account balance wait until your profit target has been reached than withdraw

Mei Yiu Yeung  

not work, can you send me the setting. THANKS

Stuart James Winter  
BabyMuck #:

not work, can you send me the setting. THANKS

can you please tell me whats not working i will be able to help

Stuart James Winter  
dravi001 #:
I have loaded setting file but when i open again it shows default setting

have you downloaded the setfile if you have their is a warning on my page and in the comment section asking people not too use it because setfiles dont work on my ea  whats your account balance i will send the parameter settings

Mei Yiu Yeung  
Stuart James Winter #:

can you please tell me whats not working i will be able to help

after installing the ea, but no any trade for long time 
Stuart James Winter  
BabyMuck #:
after installing the ea, but no any trade for long time 

what do you mean no trade for a long time please describe

me more about that 

Ronny Prins  
Stuart James Winter #:

what do you mean no trade for a long time please describe

me more about that 

Here also, all set but no trade opens.

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